so what does this mean for investor portfolios? BTIG Managing Director and Chief Market Technician Jonathan Krinsky joins Catalysts to share his outlook on the markets.attributing this trend to"the China comeback story." In light of this, Krinsky advises investors to consider energy equities as a potential investment opportunity.
Um You know, earlier this year, crude was doing quite well as you mentioned, that's taking a breather but gold, silver, the precious metals, even platinum and palladium have have been really working well lately.So I think that the China comeback story is, is playing a part of that.Um And really, so it, it ties back, you know, our our thinking here is energy equities are attractive.Um consolidation, really, it's, it's, it's really more of a consolidation.
So talk to me about the catalyst for that reversal in energies and you have a fantastic chart that we're going to try to pull, looking at kind of the levels that indicate a potential turnaround story for something like energy. Um the more conservative approach would be to wait for kind of, you know, confirmation in the form of a break uh a breakout above some prior resistance.
That's um typically a sign of, you know, of a strong precious metal bull market and the miners that, you know, if you want to talk about the GDX, that's also outperforming the metal. The stock market's bull rally could last another 5 years, but it'll end in a 'spectacular bursting of a bubble,' veteran tech investor Gene Munster says