Sunday, March 12, 2023

Stock and Gold Market Snapshot, the Weekend Bailout, etc. (video)

(Update: Monday 3/13, 6:42am pdt) When I mentioned "bull trap" in last evening's video (featured below), I certainly wasn't thinking that last night's big rally in the futures market would be all she wrote, and of course the day's still very young.

As stocks reverse last evening's not-small upside move, gold (in particular), treasuries, staples and healthcare (we very recently upped our weighting in the latter 3) are holding up nicely. And of course our put hedges are moving notably higher as I type.

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust: 

Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

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