Analyzing overnight precious metals action: Gold up 2.78%, silver up 8.3% with massive ETF inflows into silver (31.8M oz, largest one-day increase since Feb 2021).
Phil Streible
Gold-silver ratio at 56:1, geopolitical tensions and central bank buying (Basel 3 tier 1 asset status) supporting gold.
Phil Streible
Bullish on Russell 2000: Small businesses benefiting from AI adoption, earnings accelerating faster than S&P 500.
Phil Streible
NASDAQ has spending but question if it will deliver; S&P 500 earnings strong with 80% beating forecasts.
Phil Streible
Bitcoin under pressure with half-trillion wiped from crypto, no rally - investors prefer markets generating alpha like Russell, metals.
Phil Streible
Fed rate cut expectations: 9% chance March, 60% June. Dollar index stabilizing at 97.46.
Phil Streible
WTI crude oil getting boost from geopolitics and OPEC rhetoric, holding above $60 in bullish trend.
Phil Streible
10-year Treasury yields at 4.29% top of range. VIX slightly lower but tactical resistance suggests possible move above 20.
Phil Streible
Silver up 265% over 12 months, watching for break above 100 to trigger FOMO, potential move to 114-120.