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Rebel Capitalist News

Economic Canary In The Coal Mine Was Just Revealed

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 17 February 2026

⏱️ 25 minutes

🧾️ Download transcript

Summary

Rebel Capitalist Live VII: Protect & Grow Your Wealth Before the Next Crisis https://rcl.georgegammon.com/live Want the cheat code to protect and grow your wealth? Check out Rebel Capitalist Pro https://rcp.georgegammon.com/pro

Transcript

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0:00.0

Hello fellow robo capital. Hope you're well. So we have a jam-packed episode today. That is for sure.

0:05.4

We have the economic canary in the coal mine. I'm going to go over what we can expect this week.

0:12.4

GDP numbers, some huge, huge, huge data coming out on Friday and a trade that I just made in my own portfolio that netted a 48% return in about

0:27.7

five days. I'm going to go over exactly what that was at the end of this video, so make

0:36.2

sure you stay tuned. Okay, first thing here, Josh,

0:38.5

let's go over this economic canary in the coal mine. I got to give a huge hat tip to the guys

0:44.2

over the market huddle. That would be Kevin Muir, my good buddy, Patrick Sirezna, who was one of the

0:49.5

pros in Rebel Capital's Pro. I was listening to their podcast. They pointed this out. I had no idea

0:54.3

what was happening with financials. The financials, the big banks, their stocks are taking the

1:03.6

same path as the AI stocks lately. And I didn't realize that. And that's often, often, a leading indicator for the overall

1:16.6

economy. So let's get into that right now. We're going to go over to Trading View and check out

1:23.2

the XLF. Now, guys, this, if you're not familiar with the XLF, this is basically kind of an

1:31.6

ETF for the big, big, big financials, right? And so what Patrick and Kevin highlighted is this

1:43.1

big decline that we've seen.

1:45.1

Now, let's go over to the candlesticks, which is what I much, much, much prefer.

1:51.8

We'll do a one-year chart to start with.

1:54.5

And look at this.

1:55.8

It just boom, right out of the gate here.

1:59.8

It's going straight to the no-boino zone where we start at around

2:04.4

a thousand ninety call it it just tanks all the way down to 900 but then it goes back up and it

2:12.7

kind of churns here back and forth and back and forth And then we get another big collapse and then another

2:19.9

breakdown from what could be considered a support level right here at 900 today. We're trading

...

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