Tim Knight says every ratio chart he runs, US equities against gold, silver, platinum or palladium, points the same way. If he had to lock all his money into one side for five years, he would take precious metals.
He is short term bearish and wants gold nearer 4,200 first. He also walks the Nasdaq resistance line he is watching, his 2027 semiconductor ETF puts, a trade he notes Michael Burry is also in, and why the Meta price gap looks like a short. Education, not a recommendation.
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Chapters
00:00 A dry market and an SPX fill
00:56 Nasdaq futures at a perilous line
02:50 Semiconductors, resistance, and 2027 puts
04:14 Why SMH prices call skew
05:38 Gold near 4,200 and ratio charts
08:27 Meta price gap and lower highs
10:13 Tim's show expands to a...