Why The Most Hated Sector Is About To Explode Higher | Michael Gayed

Watch on YouTube ↗  |  April 27, 2026 at 22:59  |  25:09  |  The David Lin Report
Speakers

Summary

Michael Gayed discusses investment opportunities in oversold software, private credit, and long duration treasuries, while being bearish on gold. He highlights deregulation themes and emerging markets as beneficiaries of money supply expansion and AI-driven disinflation. The video covers AI's impact on labor and the potential for universal basic income.

  • Software sector has likely bottomed after overselling due to AI fears.
  • Private credit public equity plays present a buying opportunity.
  • Long duration treasuries are favored due to disinflationary AI effects.
  • Gold momentum appears broken and is not attractive.
  • Emerging markets are seen as a key beneficiary of dollar weakness and money supply expansion.
  • Banks and financials are oversold and could rebound.
  • Deregulation in cannabis, psychedelics, crypto, and nuclear is a real theme.
  • AI will cause significant labor disruption, potentially leading to universal basic income.
Trade Ideas
Michael Gayed 2:31
Software overselling has likely bottomed.
Overselling in the software sector is overdone due to AI fears; some companies will survive because liability creates a moat, and the sector has likely bottomed. Selective opportunities exist.
IGV MED
Michael Gayed 2:43
Private credit public equity plays bottoming.
BDCs and private credit public equities have been dragged down by lending to software, but the selloff is an overreaction. The sector has likely bottomed and presents an investment opportunity.
BIZD HIGH
Michael Gayed 5:47
Banks and financials are oversold plays.
Banks and financials have experienced the most selling pressure and are oversold. They are likely to rebound as deregulation and money supply expansion provide a tailwind.
XLF MED
Michael Gayed 14:15
Long duration treasuries benefit from disinflation.
AI is disinflationary or deflationary, which should push long-term yields lower. Long duration Treasuries also serve as a safe haven if geopolitical tensions escalate. This is both a tactical and longer-term investment opportunity.
TLT HIGH
Michael Gayed 17:22
Gold momentum broken, not bullish.
Gold has become a momentum trade and that momentum appears broken. While war could spike it, the outlook is lower. He expects gold to probably be down by year-end.
GOLD MED
Michael Gayed 19:37
Emerging markets benefit from dollar weakness.
The dollar's momentum is on the downside, while emerging markets are seeing real upside momentum. Money supply expansion, commodity demand from AI/robotics, and secular underperformance relative to the S&P all support a long-term shift toward emerging markets.
EEM MED
Michael Gayed 22:09
Deregulation themes are real opportunity.
Deregulation across cannabis, psychedelics, crypto, and nuclear will unleash growth. The Free Markets ETF (FMKT) is designed to invest in companies benefiting from this deregulation theme.
FMKT MED
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This The David Lin Report video, published April 27, 2026, features Michael Gayed discussing IGV, BIZD, XLF, TLT, GOLD, EEM, FMKT. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Michael Gayed  · Tickers: IGV, BIZD, XLF, TLT, GOLD, EEM, FMKT