Monday&#x27;s Big 3 is focused on the commodity space, as Dan Russo turns to three products he sees holding potential in the coming weeks and months. He walks investors through his key takeaways on the iShares S&amp;P GSCI Commodity-Indexed Trust ETF (GSG), the Sprott Physical Gold Trust ETF (PHYS), and the VanEck Gold Miners ETF (GDX). Rick Ducat highlights the support and resistance areas to watch in the charts. ======== Schwab Network ======== Empowering every investor and trader, every market day. 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: GSG, PHYS, GDX

Schwab Network

Welcome back to Trading 360. I'm Colin Martin. It's time for the Big 3. We've got three products for you. Rick Ducat will be taking us through the charts for those products. And here to take us through the picks, Dan Russo, co-CIO of Potomac Fund Management. Dan, great to have you on. Would love to kick things off just with a big picture thought on the overall equity market that we're seeing to start another week here. A few straggler retail names left over. And of course, we're waiting for the Super Bowl at the end of next week with NVIDIA.

Dan Russo Yeah, sure. So it's great to be back. Thank you for having me. I guess, you know, kind of big picture, some of the things that we've been writing about and talking about from a market's perspective, an equity market's perspective, is quite simple. We have an uptrend for the S&P 500, the S&P 500 going out at all time highs last week with confirmation from breath. And I think that this is important. The New York Stock Exchange advanced decline line also going out at all time highs. So confirming the price strength that we've seen in the index. And what stands out to me in that,

is the dynamic is the fact that that's all happening without the MAG 7 making new highs, right? If you look kind of at an ETF that tracks the MAG 7 stocks, it's kind of consolidating. It's just below its highs in fairness. But equity market strength is confirmed by breath, i.e. participation, playing out without the big kind of MAG 7 slash AI narrative as a massive tailwind.

The Big 3: GSG, PHYS, GDX

Read the full transcript

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

The Big 3: GSG, PHYS, GDX

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.