When discussing bond volatility, TheoTrade&#x27;s Don Kaufman says &quot;it&#x27;s far from over.&quot; He sees the yield impact and macro moves playing a key role in his Big 3. He calls the selling action in gold &quot;well overdone&quot; and expects a bounce in the SPDR Gold Shares ETF (GLD), sees a short opportunity in Costco (COST), and anticipates more upside in the United States Oil Fund (USO). Don offers example options trades for his picks while Kevin Green gives his technical analysis into all three charts. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

The Big 3: GLD, COST, USO

Schwab Network

[SPEAKER_01] Welcome back to Trading 360. I'm Marlee Caden. It's time for the Big 3. We've got three stocks, three charts and three trades for you. Kevin Green will be taking us through the charts. Here to take us through the trades today is Don Kaufman. Great to have you both with us. Don, would love to get your thoughts on what we're seeing here ahead of this bond sale. We've got the 10-year touching levels we haven't seen in two plus decades. How are you looking at the action

[SPEAKER_02] this morning? Well, at least for today, the bonds have stabilized to a larger degree, but it's far from over. There's no question that sell side activity specifically in the bond futures this morning definitely struck fear into the hearts of traders and even more specifically saw the NASDAQ start to pull back a little bit as the bond market actually hit some of the lows. So as I said, we've stabilized for, well, right now, but this appears to be far from over. Yeah, it certainly

[SPEAKER_01] does seem that way and we'll, of course, be keeping an eye on that sale in a few hours here. But let's dive into the Big 3 here. You've got GLD as your first trade today for the Big 3. So what's your thesis

[SPEAKER_02] on GLD right now? So GLD has actually seen a rather sharp pullback. Obviously, this has a lot to do with the U.S. dollar as the U.S. dollar is ripping to the upside, which has a lot to do with the bond market, of course, right? So people actually converting into dollars. That's actually in turn hitting gold to a larger degree. I think that this is well overdone at this point.

The Big 3: GLD, COST, USO

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The Big 3: GLD, COST, USO

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.