How Tim Knight Is Playing Metals to the Downside

tastytrade3 hours ago28:31

On Trading Charts, Tim Knight of Slope of Hope zeroes in on a split inside the commodity complex: copper is pushing to a lifetime high even as gold and silver roll over. That divergence shapes how he is leaning bearish on precious metals, and he points to a copper linked name as a cleaner way to express that view than shorting the metals directly. He also notes that stocks in the Bitcoin orbit are holding up respectably on an otherwise red day, and says gold, silver and Bitcoin all deserve close attention to see whether a real bottom is forming. It is a grinding, range bound tape where the interesting information is in the cross currents. Views are the speakers' own. Education, not a recommendation. 📊 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 00:00 A grinding, range bound day 01:30 The diamonds and the broad tape 05:00 Shorting the leveraged Korea ETF 09:00 Metals start to roll over 12:00 Copper at a lifetime high 14:00 A cleaner way to short metals 18:00 Bitcoin orbit stocks hold up 22:00 Watching for a real bottom #tastylive #copper #gold #silver #preciousmetals #commodities #timknight #slopeofhope #stockmarket #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.

How Tim Knight Is Playing Metals to the Downside | PiQ Markets