Gold prices fell $12 while silver dropped 38 cents, creating trading opportunities in the metals pair. Nick and Tony executed a profitable gold-silver ratio trade, taking $500 profit before re-entering a similar position at favorable levels.
Equities showed modest gains with the Russell 2000 leading (+0.5%), while the S&P 500 and NASDAQ rose about 0.25%. The Dow lagged, barely positive. Volatility remained unchanged at historically low levels, complicating premium-selling strategies.
Bitcoin rebounded to just over $92,000 after dipping below $90,000 over the weekend, with Ethereum (+4%) outperforming Bitcoin (+2.5%). Natural gas fell significantly (-5%).
The segment addressed questions about beta-weighted deltas (providing portfolio context against market benchmarks), VVIX (the "fear of fear" index currently showing complacency), and leveraged product drag (costs associated with futures rolling in leveraged ETFs).