In this episode of Bulls vs Bears, Mark and Jonathan discuss the unprecedented volatility in the markets during January, highlighting significant events such as three Six Sigma occurrences in major assets like gold and silver. They explore the shifting strategies in precious metals and mining stocks, the divergence in tech stocks, and the anticipation surrounding the upcoming earnings season. The conversation also touches on geopolitical tensions and their impact on market sentiment, concluding with a cautious outlook for the future amidst ongoing volatility.

Takeaways

• January has seen unprecedented market volatility with significant price movements.

• Three Six Sigma events occurred in major assets this month, indicating extreme market conditions.

• The volatility in precious metals is leading to strategic shifts in investment approaches.

• Tech stocks are experiencing a divergence in performance compared to the US market.

• Earnings season is approaching, with expectations for mixed results across sectors.

• Geopolitical tensions are influencing market sentiment and trading strategies.

• Investors are advised to remain cautious amidst the current volatility.

• Cash positions are becoming increasingly important in uncertain markets.

• The market's ability to shift sentiment quickly is notable, with both bullish and bearish trends.

• January 2023 is one for the record books, with rapid changes in market dynamics.