Name: 2026 Will Be ‘Roller Coaster’ For Markets; Trader Reveals Best & Worst Assets | Chris Vermeulen
Uploaded: 2025-12-31T04:14:11+00:00
Duration: 2986 s

Speakers

Chris Vermeulen — Chief Market Strategist, TheTechnicalTraders

Summary

Chris Vermeulen, Chief Market Strategist at TheTechnicalTraders.com, gives his 2026 outlook. He sees precious metals in a frothy blowoff phase with a likely sharp correction before a multi-year bull resumes, a topping U.S. equity market that he still trades long for now, a bottoming U.S. dollar, and more downside in Bitcoin and the Magnificent 7. He also discusses bonds as neutral and highlights key technical levels and cycle signals.

Precious metals are late-stage and volatile; he expects a 20-35% correction in 2026 before a multi-year rally.
Silver could spike past $100 before reversing; $40-50 may become the new floor.
Gold has upside to $5,100-$5,200 near term, then a sharp pullback and eventual move toward $7,500+.
Precious metals miners should base during the correction and then explode higher.
The U.S. dollar has bottomed and could rally to 109-114, pressuring metals.
Bitcoin and the Magnificent 7 are his most bearish assets due to technical breakdown and crowded ownership.
Stocks are in a topping phase and he remains long for now, but would buy inverse ETFs after a major breakdown.
Bonds/TLT are neutral with no clear directional edge.

Ideas

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 1:22

Metals frothy; correction then bull resumes.

The precious metals complex is in a parabolic, frothy blowoff phase with margin increases causing violent selloffs; this looks like late-stage trend behavior, and he expects a 20-35% correction in 2026 similar to 2007/2008. However, he remains long-term bullish and sees a subsequent multi-year bull market to new highs, so he is still long but watching to exit if the trend reverses.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 1:30

Silver frothy; spike then correction.

Silver is a crowded, late-stage parabolic trade. He owns physical silver but is watching closely and may liquidate. He thinks it could spike past $100 in a FOMO move, then reverse; after the correction, $40-50 should become the new floor, followed later by a breakout to $100+.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 9:55

Gold targets $5,200, then correction.

Gold still has a strong chart. He is long and sees a possible move to $5,100-$5,200 in the next month or two, followed by a sharp correction. He expects gold to bottom by the end of 2026 and then resume a multi-year rally toward $7,500 and beyond.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 19:32

AI bubble momentum is fading.

AI investment has become a bubble larger than prior ones, and the funding and data-center buildout is starting to show signs of slowing. AI momentum is fading, which he sees as a sign the economic and market cycle is nearing a peak, making the AI trade risky to own.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 24:18

Buy inverse ETFs after breakdown.

After the market has a 20%+ correction, then a multi-month pause/complacency phase, and finally breaks down into a stage-four decline, he would buy inverse ETFs to profit from the final 30-40%+ collapse.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 30:25

Bitcoin likely breaks down to $48k.

Bitcoin is at a critical cycle low, but the 150-day and 50-day moving averages are below price and sloping down, and the weekly pennant points to roughly $48,000. He would not touch it here and leans toward a breakdown and collapse rather than accumulation; if stocks fall, Bitcoin could freefall.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 35:06

Dollar bottoming; rally to 109-114.

The U.S. dollar index has carved out a bottom with a higher low and higher high and is trending up. Sentiment is very negative and everyone expects the dollar to die, so he thinks DXY could rally significantly to 109 or even 114, especially if stocks sell off, creating headwinds for precious metals.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 41:00

Miners to explode after 2026 base.

Precious metals miners should build a base during the expected 2026 correction in metals, then explode higher with the next major bull cycle. By the end of 2026, he thinks it will be a great time to get into miners.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 43:50

Magnificent 7 faces crowded selloff.

The Magnificent 7 has sucked in huge amounts of retail, retiree, and general public money. When the tide turns, he expects a rapid exodus and sharp selloff, with these stocks potentially falling 50-80% regardless of earnings because of mass psychology and forced selling.

Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 44:35

Long equities until trend reverses.

The stock market is in a stage-three topping phase with weak breadth and fading AI leadership, and he expects a 20%+ correction followed eventually by a stage-four bear market. However, price is still in an uptrend and he remains long equities, riding the bull until the trend confirms a reversal.

2026 Will Be ‘Roller Coaster’ For Markets; Trader Reveals Best & Worst Assets | Chris Vermeulen

Summary

Ideas

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