Silver broke its descending trend line, gold and the miners pushed higher, and Tim Knight is short mining stocks anyway. He explains the ratio chart behind it, why the mining ETF still fell as metals ripped, and what he expects once metals take a breather. He also walks the board: tech leading lower under a gap it has not filled, a triple leveraged bear fund that lost more than half its value in a month, why a red bar does not mean a down day, and the long dated puts among his thirty positions. His views are his own. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Fifth red bar on the S&P 00:51 What the pledge actually bought 02:38 Bonds give back the move 03:17 The Dow winds back to July 03:52 Why a red bar isn't down 04:38 China stays his obsession 05:24 Silver breaks its tre...