Markets Unscripted

New 2026 market trends and trade setups

Silver has gone vertical and the worst trading impulse is showing up everywhere: “I missed it, so I have to short it.” In this episode, Matt Caruso and Jason Shapiro break down why fighting parabolic markets can wreck your process, the simple rule that keeps traders out of trouble, and why mean reversion works until it doesn’t.They also walk through a textbook natural gas reversal and what a proper risk framework looks like when volatility and gap risk matter. Then they zoom out to 2026 themes: policy driven rotations, AMD relative strength versus QQQ, uranium and defense, and the bigger idea behind it all, AI is converting resources into computing power and the opportunity lives in the bottlenecks.If you want to build a real trading system, the takeaway is simple: know why you are in, know exactly where you are wrong, and know what has to change before you take profits.Listen and watch, then submit your questions at MarketsUnscripted.com for an upcoming episode.

Trump vs. Markets. Winners, Losers and what’s breaking…

Welcome back to Markets Unscripted — after a couple weeks off, Matt Caruso and Jason Shapiro are back to break down a messy start to 2026.In this episode, we dig into:Why the Nasdaq has been lagging while small caps (Russell/IWM) have quietly ledThe “yellow flag” Matt watches: S&P 500 rising while VIX rises (complacency risk)Jason’s core edge: positioning/COT data — why crowded trades matter before the catalyst hitsReal examples of positioning at work: Natural Gas squeeze, Swiss Franc move, and Silver vs. Palladium/CopperWhat a choppy market does to traders — and why “knowing when not to trade” is a real skillThe “strategy debate” (day trading vs swing vs position vs buy/hold) — and why the best answer is a portfolio of non-correlated return streamsWhy Jason believes day trading is the toughest game, and how lifestyle + psychology affect resultsMatt also highlights his beta-adjusted relative strength tool (AlphaBars) on TradingView and shows how it helps him read leadership when the broader tape is unstable.If you enjoyed this one, like, subscribe, and share — it helps us grow and bring more great traders onto the show.Have a question for next week’s mailbag? Submit it at marketsunscripted.com.Not investment advice. Educational purposes only.

Silver tops while new stocks show leadership

Key Takeaways-High-yield bonds are a key indicator of market sentiment.-Market leadership can shift significantly after corrections.-Positioning in commodities like palladium can signal potential reversals.-Sentiment often drives significant price movements in metals.-Understanding COT charts is crucial for gauging market positioning.-Traders should avoid shorting at all-time highs without confirmation.-The cannabis market illustrates the challenges of competing with the black market.-Psychological factors play a significant role in trading decisions.-Developing a consistent trading process is essential for success.-Letting the market dictate trades can lead to better outcomes.

Good News Sparks a Santa Claus Rally

Markets looked weak… then one thing changed: stocks started reacting well to good news again. In this episode, Matt Caruso and Jason Shapiro break down the AI-led reversal, why Micron’s reaction mattered, and how to manage risk when a move starts in after-hours and confirms the next day.They also compare two very different approaches:Matt’s “news + momentum” playbook (build size as the market confirms it)Jason’s “news failure / turnpicking” playbook (fade crowded trades when the market rejects the story)Plus: why the current backdrop (AI + liquidity + rate cuts) may be one of the most bullish setups we’ve seen—and why you still need the market to confirm your thesis before leaning in.Key topics covered:What a market “tone change” looks like in real timeHow to trade a news-driven move without getting chopped upRelative strength: why leaders matter most during drawdownsWhy seasonal/tax narratives rarely produce edgeWhat Jason watches next (positioning/COT + market reaction)Subscribe for weekly, unfiltered market conversations.

AI Failing. Liquidity Fading. Bear Market Incoming?!

In this week’s episode of Markets Unscripted, Matt Caruso and Jason Shapiro independently arrived at the same conclusion:something in this market has changed — and not for the better.For the first time since this bull run began, both traders have shifted to defensive positioning, and in this episode they break down exactly why.We cover:• The AI trade breaking down — Palantir, Nvidia, AMD, Oracle, IREN, Oklo• Liquidity no longer lifting markets despite bullish headlines• Why leaders failing together is a major character change• Breadth improvement that may actually be a bearish rotation tell• The NASDAQ lagging the S&P and Dow — a historic topping signature• Bitcoin selling off in what “should” be its most bullish environment• How traders trap themselves with bias, ego, and social-media tribes• Why mental flexibility matters more than “being right”• The single most important chart Jason is watching: 30-year bonds• Why shorting is so dangerous—even when you’re ultimately right• How to use tape action to spot turns before the headlines catch upMatt walks through the breakdown in relative strength across leaders, key reversal signals in AMD and Hood, and why small caps cannot replace trillion-dollar AI names.Jason explains how he’s reading liquidity, why bonds may be the real driver of what happens next, and what a policy-driven snapback could look like.This episode is a masterclass in tape-reading, flexibility, and managing risk when markets stop behaving normally.