00:00 Speaker A
Now, it’s interesting. We started to get at least from some out on the streets, some of the largest firms talking about a potential reason to sell on the on the rally if we did see those. And so, you’re saying there are two buy the dip opportunities that you’re tracking specifically right now. What are those?
00:27 Christian
Yeah, so one buy the dip opportunity is in the growth area. You know, the Nasdaq 100 going into today was down 13% and an area in technology that actually has some really nice defensiveness is cyber security stocks. You know, we have the original cyber security ETF hack, is the best performing cyber security ETF last year by 500 basis points. Hack is down just 6% this year relative to the Nasdaq 100 being down 13%. And if you think about it, Brad, you know, you probably need to own growth for the long term, but you want to see some defensiveness in what your growth allocation is right now during times of uncertainty. Well, cyber security spending is resilient. You know, governments, corporations, individuals, they can’t afford to decrease their spending. In fact, you know, it is growing because of AI threats as well as nation-state threats. So, we think cyber security stocks are down just a little bit this year, down 6%, but our great buy the dip opportunity because they’ve already shown alpha against the Nasdaq 100. You know, on the other side, if you want to kind of buy something that has momentum, uh, we’re watching gold and silver, you know, do quite well. Silver’s up going into today about 7%. We have a junior silver mining ETF SILJ that was going was up over 16% going into today. Uh, I know it’s up over 4% just on the session today. Silver’s up as well over 3%. You know, silver is a store of value trade and certainly during times of uncertainty that benefits as well as gold. In addition, silver has a lot of industrial uses and there’s a shortfall there. Silver is used for batteries, solar panels, electronic devices. So, we think if you want to grab some momentum and see what’s working this year, silver and SILJ, the junior silver mining ETF is a great way to kind of add some alpha to your portfolio because again, it’s entering today up over 16% year to date.
03:26 Speaker A
Christian, thanks so much for taking the time here with us today. Really appreciate it.
03:31 Christian
Good to see you, Brad.