Takeaway

The presenter argues that the current pullback in precious metals offers a prime buying opportunity ahead of the September 16 Fed announcement. He expects these markets to move higher by the end of the week. A secondary theme is a potential long setup in airline stocks (JBLU, LUV) contingent on a near-term pullback in oil prices.

What the presenter said

• The market is posturing for the Fed announcement at 2 o'clock on September 16, 2026. [00:05]
• The speaker sees the biggest setup in precious metals, which are pulling back now, presenting an opportunity to get in right before the Fed. [00:17, 00:24]
• He is considering re-entering positions in Hecla (HL), Pan American Silver (PAAS), and AGI, which were exited at the end of August. [00:32]
• The expectation is for precious metals to pull back and then go higher by the end of the week, remaining in a bull market. [00:48]
• Base metals like Alcoa (AA) and Century Aluminum (CENX) are also being watched with a bullish outlook. [00:57]
• If oil, which is currently news-sensitive, pulls back for a couple of days, it should provide support for airline stocks like JetBlue (JBLU) and Southwest Airlines (LUV) to turn higher. [01:16, 01:18, 01:30]

Trade ideas

• Instrument: Hecla (HL)

  • Direction: Long
  • Thesis: Precious metals are pulling back, offering an entry before an expected move higher by the end of the week.
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: Pan American Silver (PAAS)

  • Direction: Long
  • Thesis: Precious metals are pulling back, offering an entry before an expected move higher by the end of the week.
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: AGI

  • Direction: Long
  • Thesis: Precious metals are pulling back, offering an entry before an expected move higher by the end of the week.
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: Alcoa (AA)

  • Direction: Long
  • Thesis: The speaker is watching base metals with an implied bullish outlook.
  • Entry/Target/Stop: None stated.
  • Horizon: Unspecified
  • Conviction: Medium

• Instrument: Century Aluminum (CENX)

  • Direction: Long
  • Thesis: The speaker is watching base metals with an implied bullish outlook.
  • Entry/Target/Stop: None stated.
  • Horizon: Unspecified
  • Conviction: Medium

• Instrument: JetBlue (JBLU)

  • Direction: Long
  • Thesis: Airline stocks are poised to turn higher, supported by a potential pullback in oil prices.
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: Southwest Airlines (LUV)

  • Direction: Long
  • Thesis: Airline stocks are poised to turn higher, supported by a potential pullback in oil prices.
  • Entry/Target/Stop: None stated.
  • Horizon: Short-term
  • Conviction: High