2-2-26 Rotation, Volatility, and Commodities Risk | Before the Bell
The Real Investment Show Podcast
Release Date: 02/02/2026
2-2-26 Bears Are an Endangered Species
The Real Investment Show Podcast
Lance Roberts examines why bears have become an endangered species—and why that may be a warning sign rather than a confirmation of safety. Investor sentiment is extreme, margin debt is surging, speculative behavior is accelerating, and market leadership remains narrowly concentrated. When optimism becomes unanimous, history shows future returns tend to disappoint. 0:00 - INTRO 0:19- February & Earnings Season Continues 4:50 - The Action Behind Friday's Action 13:53 - Rationalizing Markets' Ups & Downs 15:23 - Percentage of Markets at All-new Highs 16:38 - The Reflationary Narrative...
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2-2-26 Rotation, Volatility, and Commodities Risk | Before the Bell
The Real Investment Show Podcast
Markets delivered plenty of action Friday. The S&P 500 briefly broke below its 20-DMA but reversed higher, signaling that the broader uptrend remains intact despite rising volatility. Internally, markets continue to rotate—shifting between mega-cap growth and value—while staples have pushed toward overbought levels and technology has become increasingly oversold. We also explain the sharp moves in silver, gold, and oil. Commodity markets are driven by heavily leveraged futures positioning, and Friday’s decline reflected an unwinding of leverage—not a fundamental shock. With margin...
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1-30-26 Retirement Income When Markets Are Expensive
The Real Investment Show Podcast
Markets may still enjoy short-term momentum, but long-term retirement planning must confront a different reality: elevated valuations, lower forward returns, and rising sequence-of-returns risk. Richard Rosso explains why retirees face a near-term tailwind in market returns—but potentially long-term secular stagnation that demands tighter portfolio guardrails. Drawing on research from Michael Kitces and Wade D. Pfau, we discuss why historically tested retirement income strategies matter more today than at any point in the last two decades. Rich breaks down: Why short-term market strength can...
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1-29-26 Market Risks Behind Powell’s “Nonrestrictive” Stance
The Real Investment Show Podcast
The Federal Reserve is holding interest rates steady, keeping policy in a 3.5%–3.75% range. Lance Roberts and Michael Lebowitz examine how markets are reacting to Chair Jerome Powell’s message, and break down what the Fed is signaling—and why it could fuel market volatility ahead. 0:00 - INTRO 0:19 - Mega Reports & Fed Fallout 4:31 - Markets Struggle after 7,000 9:33 - Inflation, Truflation, & Labor 14:14 - Chances of Rate Changes Higher or Lower? 16:44 - Current Growth Spurt is Unsustainable 19:10 - No Mention of QT/QE 21:10 - Citadel Securities; Risk-on Indicator 23:14 -...
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1-29-26 Markets Stall at 7,000: Breakout or Bull Trap? | Before the Bell
The Real Investment Show Podcast
Markets are testing the psychologically important 7,000 level—a major round-number threshold for investors. Momentum is turning back to a buy signal, and with no historical resistance above this level, a breakout could open the door toward the Fibonacci extension near 7,100. However, rising speculation and a sharp increase in margin debt signal growing leverage across markets—from equities to metals and miners. While this added leverage can push prices higher in the short term, it also raises downside risk if trades begin to unwind. With bullish trends intact but speculation elevated,...
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1-28-26 Q&A Wednesday, the YouTube Chatroom Free-for-all
The Real Investment Show Podcast
Welcome to Q&A Wednesday: The YouTube Chat Free-for-All — our most interactive show of the week. Lance Roberts & Danny Ratliff answer real-time questions straight from the YouTube live chat. No scripts. No pre-selected topics. Just timely, unfiltered discussion on the issues investors are wrestling with right now. 0:00 - INTRO 0:19 - Major Mega Cap Earnings After the Bell Today 3:27 - Re-setting the Doomsday Clock 5:59 - Markets Set (Another) All-time High 11:31 - Metals as Assets - Where Are Retail Investors Piling In? 21:14 - Commodities are Just an Asset 22:33 - Dollar's Decline...
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1-28-26 Big Tech Drives Market Highs | Before the Bell
The Real Investment Show Podcast
Markets finished Tuesday at fresh all-time highs as leadership rotated back into mega-cap stocks. After a strong run in small- and mid-caps, those areas are now short-term overbought and nearing sell signals, while the S&P 500 itself is triggering a buy signal at more favorable levels. Earnings expectations are elevated, and upside surprises from mega-cap technology are largely priced in. The market’s reaction will hinge less on reported results and more on forward guidance—particularly outlooks for data center and AI-driven capital expenditures. With futures higher this morning,...
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1-27-26 Work Sucks...or Does It?
The Real Investment Show Podcast
Lance Roberts & Jonathan Penn take a hard look at how Millennials and Gen Z view work, career stability, and success in a rapidly changing economy. From corporate burnout and hustle culture to freelancing, side hustles, and remote work, the rules around employment are shifting fast. 0:00 - INTRO 0:20 - Baylor Hockey & Headphone Parties 3:28 - Fed Week preview 6:57 - Markets' Rally & Earnings Preview 12:55 - The Evolution of Work 15:48 - The Gig Job Economy 16:51 - The Importance of Job Security? 18:40 - Lance & Jon's First Jobs Stories 27:25 - Skill Sets for Success 30:25 -...
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1-27-26 Earnings Determine Market’s Next Move | Before the Bell
The Real Investment Show Podcast
Markets have rallied for four straight sessions and are once again pressing toward all-time highs. With price action improving, markets are close to coming off a momentum sell signal—and if upside follow-through holds, that shift could occur as soon as today. A confirmed breakout would provide much-needed “wind beneath the wings” for investor confidence heading deeper into earnings season. Today’s focus turns to several mega-cap earnings reports, where recent pullbacks have created short-term trading opportunities. Apple reports this week following a notable selloff, leaving the stock...
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1-26-26 Bitcoin: Diversifier or Distraction - The Parker White Interview
The Real Investment Show Podcast
Bitcoin and cryptocurrencies are once again at the center of investor debate—but for very different reasons than past cycles. Lance Roberts and special guest, DeFi Development Corp's COO, Parker White, examine what’s been happening beneath the surface of the crypto market, including the growing divide between older and younger Bitcoin cohorts and the increasing fractionalization of crypto ownership. Is Bitcoin’s volatility evolving in a way that allows it to function as a portfolio diversifier, especially when compared to traditional hedges, like gold? What is its potential role in an...
info_outlineMarkets delivered plenty of action Friday. The S&P 500 briefly broke below its 20-DMA but reversed higher, signaling that the broader uptrend remains intact despite rising volatility. Internally, markets continue to rotate—shifting between mega-cap growth and value—while staples have pushed toward overbought levels and technology has become increasingly oversold.
We also explain the sharp moves in silver, gold, and oil. Commodity markets are driven by heavily leveraged futures positioning, and Friday’s decline reflected an unwinding of leverage—not a fundamental shock. With margin requirements rising across precious metals, volatility is likely to remain elevated, reinforcing why disciplined risk management, rebalancing, and profit-taking matter—especially in commodities.
Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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Articles mentioned in this report:
"Precious Metals Aren’t Predicting Economic Collapse"
https://realinvestmentadvice.com/resources/blog/precious-metals-arent-predicting-economic-collapse-draft/
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