Everything Moving Together Is The Whole Problem

Tim Knight has read charts since 1987 and admits he wishes he understood correlation better, because the indicator swings wildly depending on the window you pick. That matters now, because what he is positioned for is two groups of assets letting go of each other. He is long gold, silver and palladium and short equities, and refuses to take any satisfaction from the metals being up while everything else rises with them. Plus four overnight earnings reports, a Tesla gap short, and why he loosened a stop for once instead of tightening it. 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 to looking normal 0:37 What he is actually waiting for 1:18 The ratio charts all agree 1:56 Long three metals now 2:37 Support is holding for now 3:19 A gentle downtrend in tech 3:58 Gold breaking out of its base 4:31 No victory lap yet 5:10 A brief film digression 5:44 The three ETFs he owns 6:38 When bonds and stocks diverged 7:20 Where correlation sits today 8:00 Four earnings reports overnight 9:10 Nobody knows what it does 10:00 Two Elon names to watch 10:36 Eight green bars, then one red 11:13 Loosening a stop for once #tastylive #timknight #gold #silver #palladium #correlation #tesla #technicalanalysis #charts #trading📊 tastylive: https://www.tastylive.com/ 📰 Get Tom Preston'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 #options #trading #investing #finance #stocks #stockmarket #marketanalysis #tradereducation #financialeducation #tastylive 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.