Mike McGlone|Feb 11, 2026 12:27
S&P 500 7,000 Do or Die vs. Copper, Crude, Bitcoin, Commodities - Collapsing cryptos and volatile pump-then-dump patterns in gold and silver may underscore the inordinate burden on the S&P 500 to stay above 7,000 -- or else. My analysis shows the rising potential for some normal beta back-and-fill, which could solidify 2026 ceilings near $6-a-pound copper, $65-a-barrel WTI crude oil, $100-an-ounce silver and a Bitcoin cap falling to $70,000.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/taak6ckgiftw {BI COMD}
#copper #bitcoin #crudeoil #silver #stockmarket @markets(Mike McGlone)
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