Dana Lyons, Fund Manager and Editor of The Lyons Share Pro, joins us to review the recent pullback in most market sectors, and how he is trading the volatility in US #equities, #copper, #gold, and #silver. With regards to the overall health of the general US equity markets he notes that most of the weakness has been in the weighted indexes and larger cap stocks. When reviewing the better market breadth and that the small-cap and mid-cap stocks held up better the end of this week, he sees that as a constructive sign of underlying market strength. Technically their models have not changed to bearish and Dana is still constructive for higher levels in the medium-term.
Pivoting over to the #commodities weakness this we saw all week long, we touch on the pullback in copper, gold, and silver, and in particular, where he would look to start scaling back in based on technical signals and Fibonacci retracement levels. When looking at the volatility in silver, Dana shares his thoughts on how this can be an opportunity for swing-traders and position-traders, but feels despite the consolidation of the recent gains, that he’d be looking to accumulate anywhere down near where the breakouts started.
.
.
Click here to visit Dana's website and follow along with his analysis:
https://lyonssharepro.com/
.
Listen to the podcast on our website: https://www.kereport.com/
.
.
Follow us on social media:
🔗 / thekereport
.
.
Disclaimer: The content in this podcast is not intended to be financial advice. It is meant for educational and entertainment purposes only.
.
Managed by SmallCap Communications: https://smallcapcommunications.com