Monday Night Football may have been a circus, but the real show is in the markets. Crude’s creeping higher, gold just tagged another all-time high, and silver’s sprinting toward $50. That’s not speculation—it’s math. Global liquidity keeps expanding, and when central banks keep the money printer running, assets don’t just drift… they rip. Ignore the noise, follow the liquidity.
Key Takeaways
Liquidity is the whole game
- $15 trillion has been pumped into global markets since January 2024.
- That’s why gold and silver are breaking records, and why the S&P looks unstoppable—it’s all liquidity, not fundamentals.
Gold at all-time highs isn’t bullish, it’s a warning
- Central banks are hoarding gold because they’d rather own it than U.S. dollars.
- This isn’t a speculative frenzy—it’s hedging against currency debasement.
Momentum remains positive—for now
- The S&P sits above its 8- and 20-day moving averages.
- Until that flips and FNGD breaks out, liquidity keeps this market levitating.
Trade setups on deck
- Moderna around the 50-day moving average sets up well for tight spreads.
- Boeing could grind back to all-time highs with government support behind it.
- RXRX is a quiet biotech name that tracks Nvidia—worth watching for a 16% swing back to the 200-day.
What I’m Watching
Rotation is alive. Cyclicals, energy, and basic materials are pushing higher alongside metals, while consumer defensives and retailers are flashing weakness. If gold keeps ripping, expect even more pressure on the dollar and potential volatility spillover into equities. On the single-stock side, RXRX, Boeing, and Moderna look like tactical setups.
This isn’t about being bullish or bearish—it’s about survival. You either ride liquidity or you get run over by it. Eventually, it’ll dry up. And when it does, the exits get small real fast. Until then, stay sharp and trade what’s in front of you.
Until next time,
Garrett Baldwin
TheoTRADE