Trading Insights 2/13/26

Mike Larson | Editor-in-Chief

It happened again yesterday. A silver “Flash Crash” that sent the metal down 11% in minutes. Gold suffered a similar (though smaller) slump, while equities sold off all day long. That volatility is keeping traders on edge…and rightfully so.

Take a look at the MoneyShow Chart of the Day. It shows the intraday trading action in spot Bitcoin and silver, gold, and S&P 500 E-mini futures yesterday morning and early afternoon. You can see that this was a cross-asset-class move, even as the percentage declines were smaller outside of silver.

Bitcoin, Silver, S&P 500 E-minis, Gold (Thursday Intraday Chart)

Source: TradingView

What happened? Was it a broader “risk out” move? Part of a big rotation trade into bonds? A reaction to recent AI-driven washouts in SaaS stocks and financial services providers, plus yesterday's wipeout in TRUCKING names?

I didn’t see any great explanations myself. But I DO know one thing: seemingly unprovoked sudden, violent moves in any asset class can shake confidence. When you see them in multiple markets, that’s even more concerning.

I’ve been saying for a while that the first quarter of 2026 – and maybe the entire first half – will be choppier than we've gotten used to. So, have MoneyShow experts like Jeff Hirsch. With market action now validating that forecast, be sure to account for it in your trading plan!

AI stocks and crypto just got rocked — and the bounce since then hasn’t exactly inspired confidence. In this episode of the MoneyShow MoneyMasters Podcast, we sit down with Michael Lee of Michael Lee Strategy and Merlin Rothfeld of the Trading Academy to unpack what’s really behind the recent turbulence.

We break down the liquidity squeeze hitting markets, the surge in AI capex, and why SaaS and software names are suddenly under pressure. We also dig into Bitcoin’s pullback, the crypto shakeout, and what past cycles suggest about what could come next. It’s a fast-moving, no-nonsense conversation about risk, hype, and where the real opportunities might be hiding. 

Section Header Box
FEATURED PICKS FROM MONEYSHOW EXPERTS

  • What Retail Traders Are Doing with Their Money NOW

    👉️ TICKERS: QQQ, UDN, SPY

    Younger retail traders are investing more consistently and reviewing portfolios more actively than older generations, challenging the YOLO and “dumb money” stereotype. Indeed, Gen Z and Millennial investors are leading in disciplined monthly investing and portfolio diversification, says Bret Kenwell, US investment analyst at eToro.

Section Header Box
LARSON'S LINKS
Section Header Box
UPCOMING EVENTS
Event Information
MoneyShow Las Vegas
MoneyShow/TradersEXPO Las Vegas
February 23–25, 2026
March Accredited Virtual Expo
Hollywood Florida Event

What did you think of today's newsletter?

Login or Subscribe to participate in polls.