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These days, we trade gold as a commodity.

But centuries ago, we used to trade commodities priced in gold. 

For this reason, among others, we like to think of Gold as more than a commodity or currency....

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Maybe I'm a skeptic, but sometimes I think of brokerages as dealers at the blackjack table.They are in business to get you to bring your money to their "platform." They aim to get you to feel comfortable, they teach you the rules of the game, they...

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In today’s Daily Digest, we’ll review the following:

  1. New position in IGV.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns...
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From the desk of Steve Strazza @Sstrazza

Welcome to The 2 to 100 Club.

In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from...

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Gold 50D 200D 09032025

Today's number is... 440

That’s how many days Gold’s 50-day average has stayed above its 200-day average.

Here’s the chart:

 

Let's break down what the chart shows:

  • The top panel plots Gold’s daily...
The Daily Number
Grant
📊 Daily ETF Overview 

As stocks sold off yesterday, Energy $XLE and Healthcare $XLV were the only positive sectors.Zeroing in on Energy, it’s completing a breakout to new highs while most other groups are moving sideways.

 

Zooming out,...

ETF Power Rankings
jm

I’ve always thought of cryptocurrencies like tech stocks: new technology with prices mostly moving with the Nasdaq.But yesterday was different.Stocks sold off. Gold popped. Bonds dropped. And Bitcoin? Up.That’s not noise. That’s a...

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Labor Day weekend is in the rearview mirror, which means one thing: summer trading season is officially over.

Whether summer trading was good or bad for you, it's time to put away the beach reads and dust off...

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In this week’s Gold Rush video, we covered a lot of ground. 

We discussed wild moves in Cattle futures, the energy complex, shifting global bond yields and their impact on the macro landscape, and Gold futures surging to...

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Will They Keep Their Balance?

It’s still a Bull Market, which means turbulence can be absorbed, but these tech charts carry that “tactical top” set up you can’t ignore.

The Mag 7 control about a third of the S&P 500.

If they stall, the index will chop even if the...

Thompson's Two Cents
$SPY

August is in the books and there are some fresh trends brewing beneath the surface. 

The tech and growth trade led the market off the April lows, but evidence continues to suggest this theme is cooling. 

...
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The Strazza Letter
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In today’s Daily Digest, we’ll review the following:

  1. No new positions today.
  2. Rolling GDXJ to October options.
  3. No exits since the last report.
  4. Current status of open...
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There weren't any S&P 500 earnings reactions on Monday because of Labor Day in the United States, but the gaming and esports industry has our attention.

This industry is undergoing a true renaissance. What was once seen as a niche corner of...

The Beat Report
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Lulu, AEO and Macy's report! Plus Tennis!

 

One: Lululemon Reports Thursday: Athleisure on Deathwatch 

 

I’ve been watching Lululemon literally its entire life as a public company (we covered the IPO on CNBC’s Fast Money in July of...

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SPX Sectors 50D-200D 09022025

Today's number is... 81.8%

Sector breadth is at a year-to-date high, with 81.8% of S&P 500 sectors (9 of 11) trending higher.

Here’s the chart:

 

Let's break down what the chart shows:

...
The Daily Number
Grant

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Replays of all our past episodes are always available in the episode archives.