Correlation Went To Zero. Stock Picking Matters Again.

Correlation across the market has collapsed from above point eight to close to nothing, and Tim Knight argues that changes what a chartist is even for. When everything moves together you barely need anyone reading charts. When it does not, picking the right twelve is the whole job. He also finally has the gold entry he waited a fortnight for, and it fell the moment he took it. Plus why he cooled on crypto, the quantum computing timeline, and the one level that would confirm a failed breakout. His views are his own. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Back without the bag 0:59 Why this stretch tends bearish 1:39 Forty shorts and tightening stops 2:22 The one wrinkle in everything 3:06 Long gold, long silver, short equities 3:44 A trend line finally cracked 5:11 Where he thinks rates go 5:52 Worldwide markets look expensive 7:10 Semiconductors and the next support 8:38 What is reporting tonight 9:54 Working through the chip names 10:38 A reasonable target on one chart 11:19 The quantum computing timeline 12:37 Why he cooled on crypto 15:30 Waiting for metals to bifurcate 18:21 Shorts outside of technology 20:20 Correlation has gone to zero 21:43 The rocket names keep sinking 25:57 Two decades of the Nasdaq 28:00 The level that confirms it #tastylive #timknight #correlation #stockpicking #gold #silver #semiconductors #technicalanalysis #charts #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.