Markets Right Now: Tony Greer on Stocks, Commodities & More

Patrick hosts the show with Tony Greer, filling in for Kevin who is on jury duty. They discuss the macro environment, starting with the S&P 500 and its recent correction, with Tony suggesting it's a "blue sky breakout" retest. They move on to market leadership, noting the strength in gold miners, uranium stocks, and aerospace & defense, and anticipate potential catch-up in technology. The conversation covers small caps, volatility, Apple's underperformance, and the dollar's downtrend. Bitcoin's breakout and gold's recent price action are analyzed, along with other precious metals like platinum and palladium. They also discuss uranium, crude oil's bear market, and the long bond's decline. The discussion shifts to specific sectors like defense contractors and semiconductors, and also touches on biotech.