Happy Tuesday! Gold’s historic surge has many investors convinced the trade is over — but that belief may be exactly what’s setting up the next opportunity. Read on to see which gold miners still have 10X potential.

Also, the software industry just took its biggest tumble on record, yet Goldman Sachs says the panic may be overblown — highlighting four software stocks that could be primed for a big comeback.

Plus, if you’re looking to invest in the growing demand for rare earths and critical minerals that are powering the global economy, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Gold Miners Could Rally 10x Amid Historic Market 'Dislocation'

Gold just had one of its strongest runs in history, leading many investors to believe the opportunity in precious metals has already passed. That conclusion may be exactly what’s setting up the next opportunity.

While gold continues to grab all the headlines, the stocks tied most closely to it are still being treated like an afterthought. Valuations, capital flows, and positioning are flashing a rare signal — the kind analysts say only appears a few times per cycle.

Read on for all the details to see which gold miners have 10X potential.

Rare Earths And Other Critical Minerals Are Coming Home; SETM Gives Investors Exposure To Nine Metals In One ETF

In the West, the U.S. and Europe are racing to lessen their dependency on China for rare earths and other critical materials. This presents an opportunity for investors to gain exposure to the metals mining and production companies that stand to benefit.

The Sprott Critical Materials ETF (NASDAQ: SETM) gives investors that exposure, aiming to capitalize on the growing demand for critical materials as they take on an ever more integral role in the global economy.

Instead of just investing in one material, this ETF covers nine, from uranium to copper to rare earths, offering diversified exposure to a wide range of materials companies. Through SETM, investors can capture broad market opportunities and reduce single-commodity risks. To learn more about SETM and get started investing, click here.

Disclaimer: Past performance is no guarantee of future results. The S&P 500 tracks the performance of 500 large, publicly traded U.S. companies and is widely used as a benchmark for the overall U.S. stock market. One cannot invest directly in an index.

This is a paid ad. Please see 17b disclosure here for more information.

Yesterday: U.S. indexes closed higher Monday, with the major indexes posting back-to-back gains over the past two sessions thanks to a rebound in tech and precious metals. The Dow also set another new all-time high in the process, even despite last week’s sell-off driven by software concerns. The two-day surge helped the S&P 500 reclaim its all-important 50-day and 100-day moving averages. Investors remained cautious ahead of key economic data and earnings reports, as market rotation away from tech could resurface depending on results from companies such as Coca-Cola and Ford. Markets are also focused on the delayed January employment report due Wednesday, after weak ADP payroll data last week raised questions about the strength of the labor market.

On Our Radar: Analysts will be paying attention to U.S. retail sales for signals on consumer demand, the import price index for inflation trends, and business inventories to evaluate how well supply is matching demand. On the earnings front, all eyes will be on Ford (F), Robinhood (HOOD), and Cloudflare (NET) which all report after the market close today.

Shares of AppLovin (APP), Bullish (BLSH) and Oracle (ORCL) were flying high, while Workday (WDAY), Booking (BKNG), and Best Buy (BBY) were among the day’s top laggards. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Monday.

See how the market is moving with our interactive heatmap.

Moon City: The Moon may grab attention, but the real winners are on Earth. See which companies are powering Musk’s space empire, and why it matters to your portfolio.

Chips And Dip: On Semiconductor reported a surprising earnings report and outlook. Read on to see why the stock is falling and if this represents a buying opportunity or a trap.

Quantum Leap: $29M today, $300M tomorrow? Click to see how this quantum startup could skyrocket 10x… or crash in this exclusive Benzinga interview.

Palantir-cheer: Software valuations have dropped fast, but analysts believe Palantir is capturing the real AI opportunity that others are missing.

Crypto Slide: Bitcoin has dropped $20K in just two weeks, but experts say the worst may already be behind us. Discover the six reasons behind the plunge and what could spark the next big move.

How To Trade The Market After The Delayed Jobs Report

When labor data is delayed, uncertainty rises — and so does opportunity. Learn how to trade the jobs report, interpret the market’s reaction in real time, and manage trades across equities and volatility as conditions shift.

On This Day In 1996…

World chess champion Garry Kasparov lost the first game of a six-game match to IBM’s supercomputer Deep Blue, the first time a reigning champion was defeated by a computer. Although Kasparov ultimately won the 1996 match 4–2, this opening loss marked a historic moment in computing and strategic games. The event drew global attention and foreshadowed Deep Blue’s 1997 rematch victory over Kasparov. Since then, rapid advancements in computing and AI have led to widespread adoption, with more than half of U.S. adults now using large language models (LLMs).

QUOTE OF THE DAY

“If the price is right, we are going to sell. I think that’s true of everything you have, except maybe your kids and possibly your wife.“

— Carl Icahn

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Future Finance: Where fintech, crypto and the future of finance collide. Future Finance is a perfect lunch read packed with quick bites for industry enthusiasts. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis, and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.