If you've been watching the SPDR Gold Shares (GLD), you know the yellow metal has been consolidating and appears to be bouncing off its 150-day moving average (support).
Retail traders are buying calls in Cboe's "Mag 10" stocks - the big seven plus AMD, Palantir and Broadcom - at the heaviest 10-day clip since 2021, according to a report from the exchange.
The immediate impulse might be to jump in the chip rally. If you're in that camp, a more measured approach might be to use options and risk less capital.