Subscribe on our website www.gmgresearch.com

On Friday Silver was down as much as 35% intraday, its largest one-day percentage decline in history. This was a 10sigma event that is only supposed to happen once every septillion years. During this event, China and India were still trading physical silver well above $100 signaling a widening disconnect between paper pricing and real-world supply.

If you want to win in this market, see what is outperforming in the drawdown, that is the first step. Then boil down which sectors and subsectors are leading.

If you are a paid member, be sure to join our private chat room HERE.

This continues to be the controlling narrative of the markets.

Here are the levels for the S&P.

Below are some names that continue to outperform in this market.

Again, Google and xAI will be the true winners in this race.

Discretionary starting to take a pause.

 

CLICK HERE to read the full piece.