Gold (/MGC) and Target (TGT) Take the Spotlight in Risk of the Week

Errol and Gus analyze their latest Risk of the Week trades, focusing on Target and gold futures. Gus presents a bearish call spread on Target (TGT) ahead of earnings, citing the retailer's vulnerability to tariffs with 50% of goods imported, including 25% from China. Despite efforts to reduce Chinese imports, Target faces challenges restructuring its supply chain and navigating political boycotts.

Errol establishes a short position on gold futures, noting its stall at all-time highs and vulnerability to pullback without crisis catalysts. He emphasizes gold's $10-per-point multiplier requires careful risk management.

The hosts review ongoing positions including bearish plays on SPY, QQQ, and Nvidia (NVDA), plus a micro NASDAQ short. Gus highlights his successful Rivian position and considers a VIX long play, anticipating the next volatility event despite six consecutive green days in the market prior to today's slight pullback.

Gold (/MGC) and Target (TGT) Take the Spotlight in Risk of the Week

Errol and Gus analyze their latest Risk of the Week trades, focusing on Target and gold futures. Gus presents a bearish call spread on Target (TGT) ahead of earnings, citing the retailer's vulnerability to tariffs with 50% of goods imported, including 25% from China. Despite efforts to reduce Chinese imports, Target faces challenges restructuring its supply chain and navigating political boycotts.

Errol establishes a short position on gold futures, noting its stall at all-time highs and vulnerability to pullback without crisis catalysts. He emphasizes gold's $10-per-point multiplier requires careful risk management.

The hosts review ongoing positions including bearish plays on SPY, QQQ, and Nvidia (NVDA), plus a micro NASDAQ short. Gus highlights his successful Rivian position and considers a VIX long play, anticipating the next volatility event despite six consecutive green days in the market prior to today's slight pullback.

The threat of inflation is coming back across the world even as economic growth slows. When will the markets decide to care? tastylive's Head of Global Macro Ilya Spivak unpacks the clues in April inflation data from the U.S., Canada and the Eurozone, then previews the U.K. CPI report and the growing risks menacing traders.

The threat of inflation is coming back across the world even as economic growth slows. When will the markets decide to care? tastylive's Head of Global Macro Ilya Spivak unpacks the clues in April inflation data from the U.S., Canada and the Eurozone, then previews the U.K. CPI report and the growing risks menacing traders.

The market showed mixed volatility today, with E-Mini S&Ps (ES) down 31 points by the close. The NASDAQ (NDX) led losses, falling 124 points, while gold (GC) experienced a significant rally. Bond prices weakened, with the 10-year yield climbing. Despite overall bearish sentiment, some analysts noted that bulls held their ground against potential selling pressures. The discussion highlighted trading strategies amid stagnant market conditions, with key focus on earnings plays for Target (TGT) and Baidu (BIDU) as premium erosion continued.