The morning after a big green day, and Tim Knight spends the show taking risk off rather than adding it. He booked profits on his largest short, trimmed around the book, and pulled his overall exposure down from roughly 200 percent to 125, still short across 21 positions but deliberately lighter into a weekend he does not want to be caught out by.
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Chapters
00:00 No follow through from yesterday
01:17 Booking the biggest short
02:07 The index holds its range
04:40 Foreign markets keep sinking
05:40 A clean short on the world fund
09:40 China, Mexico and Korea
12:02 Bonds keep grinding lower
13:11 The crypto rip he skipped
15:52 Gold and silver hold a line
18:00 Wanting metals to break away
19:29 Crude softens as fear fades
20:35 Tech and semis go ...