Michael Oliver and Chen Lin return as guests this week. We have heard a lot of chatter recently about a major new bull market in equities with the optimists based on the Artificial Intelligence sectors and some strength starting in smaller capital stocks. Bulls talk about massive amounts of liquidity still in the economy from post-COVID stimulus from the Biden Administration. But Michael Oliver is skeptical. In his last weekend MSA missive, he stated, “MSA is not long the S&P 500 despite our “positive” assessment of its intermediate trend. And frankly we already scalped a large defined portion of last year’s July to August rally—involving the same price turf the index has been laboring inside of since. But if were long, we’d now be very concerned.”We will ask him what he sees that causes him to be negative on stocks and at the same time what his technical analysis is telling him about US Treasuries, various commodities, as well as gold, silver, and the miners that hunt and produce the precious metals. Regardless of where the markets are heading, Chen finds ways to make money in his favorite sectors, which are currently biotech and energy stocks. I expect Chen will share some names of his favorite biotech and energy stocks. | 
