00:00 Speaker a
Katherine, what are you making about, um, what are you making about the technology that has started to lead this market again?
00:10 Catherine
One of the panel's guests says the US is a basket case. It's a pretty resilient basket case, right? I agree, you know, the policy decision was
00:19 Speaker a
Is that possible too? What is a resilient basket case? Well, I think that makes sense.
00:25 Catherine
that's right. No, iii I'm trying to push it back with respect. This is because I believe that the elasticity underlying the basics of II was there. So, you're the reason you know, you're the retailers who came down the bystanders. In fact, it was to go long to the peak of tariff meltdown, perhaps our best phone after this year's gold, um, um. And when the market is collapsing based on fear, uh, we actually went to the long biotech and banks, and that call has risen double digits since April 7th. So what I'm watching now is that you're watching to play defense as the stock market is back on track and moves higher. I'm far more bullish than many people have to do with it, and since day one I've been proud of the risks of oil prices in regards to geopolitical ums. I called yesterday that I had a piece called the oil price shock. Well, the Strait of Hormuz, in my opinion, was never closed. And, and we and that was that Iran's response was far from that level of escalation. That catastrophic Armageddon type escalation could potentially derail oil prices by 150 plus, uh, the US and the global economy. So I'm generally more bullish. But I like to protect the position, and what I'm telling my clients now is when you get back to risk, when you're dropping a VIX, that's when you want to buy your putt options in your technical position. Technology can move higher. I'd like to see Put Options. We would like to consider Tech Trade's second derivative, a top performance recommendation from last year.
03:10 Speaker b
Um, Travis, um, the day for me so far is a basket basket case. So, what makes you feel like a basket case? I know that everything seems refined here, but I feel it internally. Is this running on nvidia? Nvidia really got together and I'm back, it was only a few months ago and the revenue report was not good. There will be a Nvidia shareholders meeting today. I might not say it much. Do you really believe in this Nvidia Rally?
04:02 Travis
Um, yes, no. I think it was very powerful in the past. Nvidia's performance over the past three months has been extremely strong. But last year it was actually a median performer and a massive cap peer. Well, we think it's very close. The final piece of the puzzle for checking out the next kind of big-out performance run at Nvidia is something like Nvidia's 150 level, a previous high we saw from the end of last year to the beginning of this year. Therefore, we are using Nvidia Watch for checking new uptrends. I think this would be something like the last signal that would need if there were breakouts above that 150. Well, Brian, I think we coined the term resilient basket case. Given that they were given a big sell-off and a big rally back, I think that's good for the US. So, this year, the only things that really mattered were beta and volatility. That's why I like a resilient basket case. That's good.
05:58 Speaker b
Yeah, well, if you want to be a case of a resilient basket, do I mean where you're looking elsewhere in technology? If the video isn't in your vibe, then when these microns of revenue come out, where are you looking for?
06:24 Travis
Yes, um, I think this recent rally has expanded the technology industrial complex like AI. Yes, that doesn't mean we don't like nvidia. Well, I think there's a few stronger momentum at the moment, like Broadcom, IBM, and Oracle. Even if it's spread across a small cap market in the US, infrastructure companies like infrastructure, um, um, as you know, there seems to be a volatile demand. So I think I play more in the US market and globally than just Nvidia. So it's not that we don't like nvidia, we like it. We just um, um, the couple's companies are better than they are now.
