The race to cash and bonds again today but what about gold and gold miners?
Chris Vermeulen joins me today to share his thoughts on the race to the safe haven assets, bonds and cash. But what about gold and gold stocks. These have been more correlated to the US markets but the charts of the major stocks and gold are still very bullish.
With markets hitting circuit breakers again is there anything safe out there?
TG Watkins, Director of Stocks at Simpler Trading joins me to share his trading strategy in these fear driven markets. When we chatted, shortly after the market started trading after the halt, gold was still down and everything was being hit. It has since bounced back but is still down around 1%.
Even after central banks around the world try to support markets all they did was instill more fear.
Craig Hemke joins me to discuss what history has taught us about when fear and panic hit the markets. It’s happened before and while no event plays out the exact same there are some constants that we can expect from central banks and governments.
It’s possible to be bullish US markets and safe havens – It’s just the timing that matters
Raghee Horner is back and sharing her thoughts on the downturn in the US markets and run higher in safe haven assets. She outlines why she is still bullish US markets but has some concerns as we head into next year. As for safe havens the uptrend remains strong.
Safe Havens, US Markets, Bitcoin, and Energy – All Very Different Trades
Joel Elconin joins me to discuss the fear that has taken hold of the markets just this week. The economic impact of the Coronavirus will extend into Q2 of this year so the trade into safe havens should remain strong. We also look at Bitcoin that has not been moving and throws some shade on the safe haven argument at least for right now.
While we are working to get the media upload issue fixed here is a
Dropbox link to the interview. The media file will open in a new tab.
The worst day for US markets since 2018 – Is buy the dip dead?
Jack Roberts, Options Strategist at Simpler Trading joins me to breakdown the moves in US markets and safe haven assets. Fear is taking hold of the markets without the buy the dip mentality that we have grown so accustomed to seeing.
Jack and I discuss the gap that the markets have put in, how he is trading the moves in the precious metals, as well as another market Jack sees as a longer term opportunity.
With the nice move higher in gold today it is noteworthy that the US Dollar continues to run and is at a 3 year high. This is a true safe haven move currently.
Chris Vermeulen joins me to share the levels he is watching on the charts. If the USD hits a rough patch and rolls over that could be another driver for the PMs to run much higher. We also touch on the small (for now) bounce in natural gas and the trading opportunity Chris is playing.
Balancing out the risk vs reward in US markets to safe assets
TG Watkins, Director of Stocks at Simpler Trading joins me to share his thoughts on the two week pullback in US markets and the pop in safe assets. He outlines what his trading strategy is for the positions he holds in the safe assets, including gold and GDX. We also discuss the moves higher in Tesla and Peloton.