Milton Berg: I Have Evidence Market Has Likely Bottomed | Why Milton’s Long Semis, Korea, Nasdaq, and More (With Caveats), and Why He Thinks Gold has made a Multi-year Top

Milton Berg: I Have Evidence Market Has Likely Bottomed | Why Milton’s Long Semis, Korea, Nasdaq, and More (With Caveats), and Why He Thinks Gold has made a Multi-year Top

August 12, 2026 · 1h 24m

About this episode

Milton Berg discusses his market outlook and trading strategies following recent market lows.

Milton Berg, one of Wall Street's legendary market technicians, returns to Monetary Matters to explain why he believes the recent crash across the S&P 500, Nasdaq 100, KOSPI, and semiconductor stocks has already bottomed — and why he's still positioned long despite major caveats. The positive divergence call: Milton breaks down why the S&P 500's July 29th low held above its June 9th low even as the Nasdaq 100 and Philadelphia Semiconductor Index (SOX) made new lows — a classic technical signal he says points to higher prices ahead. The 1987 crash comparison: Using historical crash-low data, Milton shows how markets rarely V-bottom and go straight up — and lays out why the current setup looks more like 1987 (a retest of the lows) than the COVID V-shaped recovery. The "exhaustive gap" warning: Despite his bullish lean, Milton flags a specific gap pattern in the Nasdaq 100 and KOSPI that has historically signaled short-term tops — and explains what would need to happen for it to resolve bullishly instead. Inside his trading model: Milton walks through his systematic buy-signal model, including a real trade history that turned $10,000 into over $1.15 billion, and unpacks how…

People in this episode

Host: Jack Farley

Guest: Milton Berg

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Mentioned in this episode

Organizations: S&P 500, Nasdaq 100, KOSPI, Philadelphia Semiconductor Index

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