First Call
Update: 2025-09-01
Description
In this discussion, Tom and Chris analyze current market trends, emphasizing the recent performance of small caps and the mixed activity in tech stocks like Nvidia (NVDA). They note low trading volumes and high volatility conditions following earnings reports. With September approaching, they discuss potential opportunities in commodities, particularly gold (GC) and silver (SI), while expressing caution about equities. They conclude that the market might be leaning towards the downside, with a possible short position being favorable this week.
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