The KE Report

"I’d be more apt to sell rips off earnings reports across the board than I would be trying to buy dips." - @SPUS With the S&P 500 sliding 4% and the Nasdaq down over 5% in a post-election reversal, is the multi-year AI trade unwinding? Joel Elconin (@SPUS, @premarketprep1) joins @thekereport to break down: • S&P 500 retracement levels to watch (7,000 & 6,200) • Why high-margin chipmakers and infrastructure plays are cracking • Why "Buy the Dip" may no longer bail out investors Listen to the full interview: youtu.be/51XkT3ko9Os #Investing #StockMarket #Trading #Macro #SP500 #Nasdaq #AI $SPY $QQQ $NVDA $CAT $AAPL

"All we need is a little bit of that huge ocean of liquidity sloshing around the globe to splash into this backwater of metals and mining, and they're really going to take off." With tech feeling post-election heat and gold bucking the trend, is capital finally rotating into hard assets? @Brien_Lundin, editor of @GoldNewsletter, joins @thekereport to break down: • Big takeaways from the New Orleans Investment Conference • Why the Fed is mathematically trapped by debt • How to play year-end tax-loss selling • High-grade drill catalysts to watch Full episode: youtu.be/MnlRgItAUME #Gold #MacroEconomics #MiningStocks #Investing #Silver #Copper #JuniorMining

“Everything has kind of changed. Flows are never going to go back to the way they were - there’s been a real structural premium put on this now.” Crude drops 8% overnight, European NatGas hits $35/MMBtu, and Gold tests critical support. What is the trading desk seeing that headline markets miss? Darrell Fletcher, Managing Director of Commodities at Bannockburn Capital Markets (@BannockburnCM), joins @thekereport to break down: - The disappearing risk premium in Crude Oil ($WTIC / solana:kLqMvUm1p4pRbxU4r8kWCTVAuWMJLtcTJqGb4b5pump) - Massive global divergence in Natural Gas ($NATGAS) - Why Gold ($GOLD) broke support and the key $3,800–$3,900 pivot - Copper ($COPPER) resilience vs. mining equity sell-offs Full interview and trading breakdown here: youtu.be/bbwZ2SCN1xI #Commodities #CrudeOil #Gold #NaturalGas #Copper #Energy #Macro #Investing #Trading

"At some point... you kind of run out of sellers. And at that point, it’s like, well, what’s left? You get buyers." Managed money net longs in silver just plunged to ~3,300 contracts - a level unseen since February 2024. Was last week's metals slide a true breakdown, or a textbook margin-call washout? On today’s @TheKEReport, @TFMetals founder Craig Hemke dives into: - The mechanics of the month-end precious metals flush - Multi-year extreme COT positioning & contrarian signals - The technical levels gold & silver must reclaim to confirm a V-bottom - High-stakes jobs week: JOLTS, ADP & NFP macro catalysts Listen to the full breakdown: youtu.be/DxPaOufwOMM #Gold #Silver #PreciousMetals #Economy #Trading #Investing #Macro

“The most proven path for value creation outside of discovery is that back end of the Lassonde Curve... single-asset developers have historically averaged a ~75% outperformance vs the GDXJ from build decision to commercial production.” We caught up with Stephen Soock, VP of IR & Corporate Development at @HeliostarMetals ($HSTR.TO / $HSTXF / FRA: $RGG1), live from the New Orleans Investment Conference! Key insights covered: • Why balance sheet discipline beats speculative growth • Counterintuitive debt market trends for top-tier developers • Catalysts ahead for the Ana Paula feasibility study Listen to the full interview here: youtu.be/DCnxOPXp2wM #Gold #Silver #MiningStocks #PreciousMetals #Investing #GoldStocks #TSX

"We’ve completed 60,000 meters and 149 holes this year, with over 30,000 meters of assays still pending across 90 drill holes." @SitkaGoldCorp completed its massive 2026 drill program at the RC Gold Project in Yukon. VP of Corporate Development Mike Burke joins us to break down: • 80% expansion drilling across key zones• Outstanding results from Blackjack, Saddle, & Pukelman • Visual gold in core & the role of lamprophyre dikes • Updated resource estimate in Q1 2027 • Appointment of Tim Termuende as Chairman Full Interview: youtu.be/O3psYABsUNU $SIG.V $SITKF #Gold #Mining #Yukon #PreciousMetals #Drilling #GoldExploration

"We are seeing the smallest net-long positions for hedge funds in silver that we've seen since before this bull market began...back to February 2024." With precious metals testing major summer support levels ahead of the FOMC rate decision, is this another capitulation flush or the setup for an explosive rebound? @TFMetals joins @theKEReport to break down: • Critical support lines in $GOLD & solana:D8eCj8L6TwydMbwoeDz62prYHbuGjPAUwXa4816PVbJM • Why strong earnings from $NEM aren't rescuing mining stocks • Lessons from pullbacks across uranium, copper & critical minerals • What seasonal trends indicate heading into year-end Full episode & chart analysis: youtu.be/6oxxJIIc_UA #Gold #Silver #PreciousMetals #MiningStocks $GDX $GDXJ $SIL $LUG.TO

“We’ve got over $100M in the bank… we can put our head down and really figure out how to optimize and speed up this project.” - Tara Christie With 6 drills turning on a 70,000m campaign, @BanyanGold is actively infilling high-grade near-surface zones while tracking toward a major Q4 PEA catalyst at the AurMac Project in the Yukon. In this company update, President & CEO Tara Christie details: • Drilling the Gap Zone between Powerline & Airstrip • Engineering for starter-pit grade & lower strip ratios • District growth & renewed momentum across Yukon mining Full interview: youtu.be/Dj1pt7pI4RQ $BYAGF $BYN.V #Gold #Mining #PreciousMetals #Yukon #Exploration #MiningStocks #Investing

"Rate cuts off the table. I don't think there's any major central bank talking about cutting interest rates." With WTI crude passing $103, tech slipping, and Treasury yields diverging, where is the smart money heading? Chief Market Strategist at Bannockburn (@BannockburnCM) Marc Chandler (@CapitalMarc @marcmakingsense) breaks down the macro reality check with @thekereport: - The fading AI investment trade - Oil’s 4-week breakout vs. falling yields - FOMC, BoC & ECB policy expectations - Why Gold & Silver are breaking down Catch the full episode : youtu.be/ZMe1Jm92ZsM #Macro #Investing #Economy #Bonds #Gold #Forex #Trading #CentralBanks

"We've completed 25,000 meters of drilling and extended the strike length to 1.25 km... we're fully funded with an $8.5M balance sheet heading into 2027." @AztecMinerals CEO Simon Dyakowski joins @TheKEReport for a Company Update on the heels of new drill results extending the North Extension target at Tombstone up to 190m west. Discussion highlights: • Latest step-out drill intercepts (115.8m of 0.67 g/t AuEq) • Upcoming Maiden Resource Estimate coming in November • 22 holes pending assays + Q4 metallurgical testwork • Fully funded runway with C$8.5M in cash Listen here: youtu.be/3aqvddVUMJc $AZT.V $AZZTF #Gold #Silver #Mining #Exploration #Tombstone #PreciousMetals

"This is perhaps one of the most violent rotations that you are ever going to see. You've got to pay attention to the rotations, or else you're not following the market correctly." - @SPUS Is the market crashing, or are dip-buyers walking into an overhead supply trap? Joel Elconin (Co-host of @PreMarketPrep) breaks down the tape with @theKEReport: • Red tape on $SPY & $QQQ, but massive green in $PG, $KO, $WMT, & $COST • Why post-earnings reversals on $META & $MU leave retail trapped • The surprise rally in value, retail ($KSS, $LULU), and bonds ($TLT) • Commodity selloffs vs. oil strength Listen to the full episode: youtu.be/W6xO9o51Dd8 #Investing #StockMarket #Trading #Macro #ValueInvesting #PreMarketPrep

"Open interest on COMEX in silver is down 60% from its all-time highs; gold is down 50%... when trading firms hit the offer, they wipe out the bid stack, that’s how you get 6% volatility." Are precious metals putting in a multi-year top, or is an aggressive base forming under the surface? Craig Hemke (@TFMetals) joins @theKEReport to break down: • Secular top vs. bull flag technicals • Q3 producer margins & $NEM reporting • Why COMEX margin rules crushed market liquidity • Navigating downtrends in $GDX and $GDXJ Full breakdown: youtu.be/C5tY7seh07A #Gold #Silver #PreciousMetals #MiningStocks #GDX #Investing

"CoreWeave bonds jumped from 9–10% to 15% in a very short window. When debt costs spike like that, credit markets are pricing in serious AI risk." Is the brutal tech flushout an overdue dip-buying opportunity, or the first crack in the AI trade? @simplertrading Director of Stocks TG Watkins (@TG_ProfitPilot) breaks down the tape with @TheKEReport : - Tech breakdown vs. defensive sector rotation - Why chasing safety plays ($WMT, $HD) carries mean-reversion risk - Gold ($GLD, $GDX) retesting critical technical support - Crypto cycle thesis: Are digital assets decoupling from precious metals? Watch/Listen here: youtu.be/g24eYBNlvvU #Trading #StockMarket #TechnicalAnalysis #TechStocks #Gold #Bitcoin #AI

"15 out of 15 drill holes hit graphitic black shale at our regional properties, proving our MobileMT geophysical model works as we now turn the drills to Viken." New Company Update with Garrett Ainsworth, President & CEO of @district_metals! We discuss: • Mobilizing the drill rig at Viken to test Target Areas A & B • Exploration economics: finding shallow, thick alum shale horizons • Regional exploration across Österkälen, Malgomaj & non-alum shale assets • Sweden's political climate, pro-nuclear sentiment & the pending National Interest status Listen to the full interview on @TheKEReport : youtu.be/hP2ePr8lDX8 $DMX.V | $DMXCF #Uranium #Mining #Exploration #Sweden #CriticalMinerals #EnergyTransition #BatteryMetals

"98% of our holes have hit mineralization across our project... and none of the recent 2026 drilling is included in our current resource or PFS" - Luke Alexander, President & CEO of @NewcoreGold I sat down with Luke Alexander for an in-depth exploration update on the Enchi Gold Project in Ghana. We cover: - An 80,000m drill campaign with ~30,000m of assays still pending - Standout shallow intercepts at Boin (incl. 2.59 g/t Au over 69m) - Infilling high-grade oxide material to optimize early-year mine economics - An ~$80M market cap vs. a $650M post-tax PFS NPV (at current gold prices) - Fully funded through 2026 and into 2027 Listen to the full interview: youtu.be/RAtkq4lMSII $NCAU.V $NCAUF #Gold #Mining #GoldStocks #Exploration #Ghana #PreciousMetals #Investing

“One down day of 50, 60 handles doesn’t make a long-term trend.” - @Spus With the S&P 500 trading at 7,753 against its 50-day moving average of 7,689, headline numbers look resilient, but market breadth tells a different story. Joel Elconin (@Spus), Co-Host of @PreMarketPrep and Founder of Stock Trader Network, joins @theKEReport to discuss: • Collapsing breadth vs. defensive sector rotation• Freight & logistics under pressure ($FDX, $UPS, $JBHT) • Why investors are ignoring 5% T-Bills to chase tech• High-stakes AI earnings tests for $MU, $ORCL, and $GOOGL Full interview: youtu.be/QL_2fWZNXVc #StockMarket #Investing #Trading #SP500 #Earnings #PreMarketPrep

Are paper markets mispricing the hard asset supercycle? On this week's @thekereport Weekend Show: - Brien Lundin (@GoldNewsletter) recaps Beaver Creek, algorithmic yield traps, and why cash-rich juniors are holding out for $4,500+ gold. - Dan Steffens breaks down Saudi pipeline strikes, diesel rationing, a 146 Bcf gas deficit, and unhedged E&Ps trading at $60 oil valuations. Featured tickers & focus names: $EOG, $DVN, $FANG, $CRK, $OVV, $KGEI, $REI, $SOLS, $AEM, $SM. Listen now: youtu.be/RbNCfRmQ2dY #Gold #Silver #Oil #NaturalGas #Energy #Mining #Investing #Commodities #Macro

"Over the past three and a half weeks, the Canadian dollar has only strengthened twice, and each time by less than 0.1%." Is the US Dollar breakout here to stay, or are interest rate expectations overextended? Marc Chandler (@marcmakingsense, @BannockburnCM, @CapitalMarc), Chief Market Strategist at Bannockburn Capital Markets, breaks down Fed rate expectations, global yield divergence, and labor market trends with @TheKEReport . Listen now for key macro insights: youtu.be/XG2esDwN0AI #Forex #USD #InterestRates #Fed #MacroEconomy #Trading #Bonds

"For any monthly move in the S&P of less than a loss of 1%, that’s the worst performance in the history of the equal-weight index, being down over 5% - the worst divergence that we’ve ever seen." Dana Lyons (@JLyonsFundMgmt), Fund Manager and Editor of The Lyons Share Pro, joins @theKEReport to unpack critical technical signals across commodities, equities, and precious metals: • Why the secular commodity bull market remains intact • Downside retracement levels for $SLV and $GLD • Historic breath deterioration: $SPY vs. $RSP divergence • October volatility dynamics & midterm presidential cycle seasonality • Weakness spreading across developed international equities ($EFA) Listen to the complete technical breakdown: youtu.be/DGeKuQXzEt4 #Commodities #Gold #Silver #Copper #StockMarket #Trading #Macro #TechnicalAnalysis

“You can take whatever you want, but price and the tape are going to dictate what the technicals are. Right now, there’s a ton of underlying demand.” The $SPY has chopped sideways for 2 months, but the equal-weight $RSP has dropped for 6 straight weeks. Is capital fleeing, or just hiding in Big Tech? In our latest Daily Editorial on @TheKEReport , Joel Elconin (@premarketprep1 - @Spus) breaks down: • The $50 intraday turnaround in $MU and resilient AI momentum • $TLT bouncing off multi-year lows • Severe breakdowns across $XHB, $XLF, and $XLV • How to trade the technical tape amid election and macro noise Full breakdown here: youtu.be/NTU38ZWYPds #StockMarket #Trading #Investing #PreMarketPrep #AI #Yields #Equities