Gold has continued to be really weak and the host believes it is about to break its current level, leading to a move on the downside.
The host believes gold remains in a very big downward trend, with the chart showing price is about to break the $4,000 level, and the next support is around $3,500. He expects gold to get hit pretty hard and continue falling.
Silver is right at support and the host expects a big drop on the downside, with clear downside momentum.
The host believes silver is also in a very big downward trend with nothing changed, and he expects silver to drop to around $40.
The host believes markets are on the verge of a big drop, but this is a healthy correction within a bull market, not a major top; after the drop, the uptrend is expected to resume.
The host believes AI in healthcare is an overlooked sector; AI is accelerating drug development and cancer therapy breakthroughs and will continue to positively affect healthcare stocks, bringing catalysts.
SPCH is a 2x leveraged ETF on SpaceX. The host is explicitly bullish, has been buying under $9, and plans to keep accumulating for the medium-to-long term.
Seasonality shows November is historically the best month for the market, with a 77% win rate, 2% average and 2.6% median gain, which the host sees as something to look forward to.
QQQ has traded below its 5-day moving average for nine sessions, which rarely lasts more than 11-13 sessions; therefore, within the next 1-3 sessions it will likely see mean reversion and be forced to close above the 5-day MA, making further shorting unattractive from a risk-reward perspective.
The semiconductor sector is oversold and conditions for a technical rebound are building; if SOXX holds $490 and reclaims its short-term moving average, it could form a more stable rebound structure, while a break below 490 would lead to a further decline toward the annual line.
The host believes gambling and similar companies need an economic revival and more consumer spending, but those factors are under pressure now, so investors may have to wait for a deeper dip and turnaround.