Ideas
Platinum next in precious metals rotation.
Precious metals rotate in decade-long cycles; gold led, silver followed, and platinum is just waking up with more upside as the next rotation.
Copper has electrification tailwind.
Electrification is a structural positive tailwind for copper, explaining its strong performance even with negative carry.
Rates headed back to zero.
Positive real rates will incentivize balance-sheet contraction and labor-market deterioration; AI may accelerate job losses; with inflation stabilized, the Fed is likely to cut rates back toward zero, a probability the market underestimates, and the curve beyond two years is upward sloping for carry.
Stock market due for fall.
History shows the stock market eventually falls; when consensus sees no scenario for a decline, that complacency becomes a contrarian warning, especially with positive real rates and AI-driven labor losses.
Prefer ex-US over US equities.
US indexes are rangebound and boring, unable to break out, while ex-US equities are broadly outperforming, with only a few country ETFs doing worse than the US, so better opportunities lie outside the US.
Prefer ex-US over US equities.
US indexes are rangebound and boring, unable to break out, while ex-US equities are broadly outperforming, with only a few country ETFs doing worse than the US, so better opportunities lie outside the US.
Google only Mag7 stock liked.
Google is the only Magnificent Seven stock he has liked for years; he likes it less now after its strong run, but it remains the only one he likes in the group.
Nvidia rangebound ahead of earnings.
Nvidia is trapped in a range, unable to break up or down; a break below looks terrible, but a 5% post-earnings move could make the chart look good, and clarity may come before its late-February earnings.
Korea too high and concentrated.
Korea has run too far and is too concentrated; EWY has about 45% in Samsung and SK Hynix, and KOSPI similarly depends on two stocks, exposing investors to a sharp drawdown in a couple of names.
Oracle overlevered and capex-heavy.
Oracle looks terrible with too much debt, too much capex, and future earnings tied to OpenAI success; the bubble has already burst for that company.
Bullish Japan on repatriation potential.
He likes Japan and thinks repatriation of capital could eventually create another bubble, but so far it has been a boring grind higher and middle of the pack versus other countries.
Bullish Europe, but pick countries.
Bullish Europe but emphasizes country picking matters; broad Euro Stoxx has been a laggard grind higher while individual countries like Austria and Poland have run strongly.
Very bullish on China.
Super bullish China medium and long term; CQQQ chart is solid, policy wants a measured uptrend, and he is incredibly bullish despite recent weakness.
Latin America led by commodities.
Latin American markets are leading, with Peru, Colombia, and Chile out front and the rest starting to follow; they are tied to commodities and metals, with currency breakouts versus the dollar providing tailwinds.
Brazil benefits from real breakout.
Brazilian real is breaking out versus the dollar, which helps Brazil despite its large deficit, because high real rates allow it to get away with the deficit, and commodities are supportive.
Short dollar against foreign currencies.
Short the dollar against six or seven currencies; foreign asset reallocation away from the US and a technical breakdown support broad dollar weakness, with favorite expressions in Canadian dollar, Polish zloty, and Australian dollar, the latter two supported by commodities.
Short dollar against foreign currencies.
Short the dollar against six or seven currencies; foreign asset reallocation away from the US and a technical breakdown support broad dollar weakness, with favorite expressions in Canadian dollar, Polish zloty, and Australian dollar, the latter two supported by commodities.
Short silver into parabolic rally.
Silver is parabolic and the last leg is speculative; supply response from recycling and solar demand destruction will kick in, making risk/reward poor, so he is shorting rallies and selling physical.
Long silver with defined risk spreads.
Still delta long silver, but has taken profits and converted deep in-the-money calls into out-of-the-money bull call spreads to retain upside with limited risk as the move becomes parabolic.
Gold overbought but better than silver.
Gold is overbought and consensus long, vulnerable to a drawdown, but has stronger medium-term underpinnings than silver due to central bank buying; he would rather be in gold than silver over six months.
Sold platinum at all-time high.
He was a mega bull on platinum since May 2024 and sold today at a new all-time high; risk/reward has changed, the fundamental thesis has played out, and metals are overshooting real demand.
Oil resilient despite bearish news.
Bad news keeps coming for crude oil, yet it stops going down and gets bought on dips; when everyone hates it and no bullish thesis exists, that price resilience suggests flows have pivoted bullishly.
Oil above 50-day, short squeeze.
Crude oil is resilient above the 50-day despite bearish supply-demand news; positioning is clean, and any Iran headline could force CTA short covering and a rip toward $70.
Long nat gas via May futures.
He holds May natural gas futures and $7 call options; weather-driven volatility has created a vicious cycle, but he sees long-term upside and is debating whether to keep riding the position.
Uranium targeting $200, hold URNM.
A decade-long uranium bull; prices are still far from fair value, supply is inadequate, and he targets $200 before the cycle ends, though expects pullbacks; he holds URNM.
Chemicals sector bottoming.
The chemical sector is trying to bottom, is unloved with low earnings expectations and potential catalysts, and many names have had 70% wipeouts and are starting to roll up.
Rivian improving, long base breakout.
Likes Rivian despite its absurd IPO; fundamentals are improving with car sales, a new model, a new plant, and narrowing losses, and the chart shows a long base breakout, so he is willing to hold for years.
Zoom needs $90 breakout.
Zoom fits the dead-and-sideways chart pattern he likes, and if it reclaims the $90 area it starts looking really good.
This The Market Huddle video, published January 24, 2026,
features Alex Gurevich, Chase Taylor, Patrick Ceresna
discussing PPLT, COPPER, SHY, SPY, ACWX, GOOG, NVDA, EWY, ORCL, N225, VGK, FXI, CQQQ, ILF, EWZ, DXY, CAD, Polish Zloty, AUD, SILVER, GLD, WTI, UNG, URA, URNM, XLB, RIVN, ZM.
28 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Alex Gurevich,
Chase Taylor,
Patrick Ceresna
· Tickers:
PPLT,
COPPER,
SHY,
SPY,
ACWX,
GOOG,
NVDA,
EWY,
ORCL,
N225,
VGK,
FXI,
CQQQ,
ILF,
EWZ,
DXY,
CAD,
Polish Zloty,
AUD,
SILVER,
GLD,
WTI,
UNG,
URA,
URNM,
XLB,
RIVN,
ZM
