Tariff Turbulence, Precious Metals Outlook, and Key Trading Opportunities
Ian Cooper here with a morning market update focused on significant market turbulence caused by new tariff threats. President Trump has announced 10% tariffs on goods from eight European countries, including Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, effective February 1st, with potential increases to 25% until a deal on Greenland is reached. Cooper anticipates these tariffs will negatively impact markets for the foreseeable future and suggests trading opportunities, including buying DIA February 20, 2026, 485 puts to capitalize on potential downside.
The market uncertainty is expected to drive precious metals higher, with gold potentially reaching $5,000 and silver approaching $100. The ongoing geopolitical tensions with Iran, Minneapolis, Europe, and Russia will likely continue fueling market volatility and supporting precious metal prices.
Despite the negative market outlook, there are opportunities related to upcoming sporting events. DraftKings and Flutter Entertainment are stocks to watch ahead of the Super Bowl and March Madness. Sports betting has grown substantially, with Super Bowl wagers increasing from $7.6 billion in 2021 to nearly $30 billion in 2025, while March Madness saw $3.1 billion in bets in 2025. DraftKings currently trades around $32.62 with potential to test $40, having shown historical strength during Super Bowl periods in previous years. Flutter Entertainment similarly demonstrated gains during these events and remains on the watch list.
Walmart could also be a favorable opportunity due to its upcoming addition to the Nasdaq-100 and the announcement of a new CEO taking office on February 1st, expecting the stock to attract billions in institutional and retail investment. Despite market uncertainty, my trading programs identify opportunities on both long and short sides of the market, with more trade ideas and position updates forthcoming.