The David Lin Report Trader Now In 100% Cash, Markets To 'Wreak Havoc' Next Week | Chris Vermeulen
Aug 19, 2025
Chris Vermeulen, the Chief Market Strategist at The Technical Traders, discusses his bold move to 100% cash as gold prices surge. He warns of a potential 15-25% market correction, reminiscent of the 2008 financial crisis. Vermeulen analyzes the weak market internals behind the tech stocks' gains and shares insights on investment strategies in gold and silver. He points out the troubling trends in oil prices and emphasizes the importance of navigating current market uncertainties with caution.
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Magnificent Seven Mask Market Weakness
- The S&P and Nasdaq gains are driven primarily by the Magnificent Seven, masking weak market internals.
- Chris warns that this divergence creates a critical turning point where a big reset or rally could follow next week.
Risk Of A Major Financial Reset
- A 15–25% correction is possible and could develop into a multi-year bear or 'financial reset' similar to 2008.
- Rising long-term yields and gold's strength are key signals pointing to that worst-case scenario.
Follow Price, Don't Time Tops
- Let the market show a clear trend rather than trying to time exact tops or bottoms.
- Follow price action and wait for confirmed buy or sell signals before committing capital.