Stock Pick: CMG & ETF Picks: SLV, XHB

Published: June 5, 2023, 10:06 p.m.

b'The Nasdaq-100 and S&P 500 hit new 2023 highs. Can traders bet against the stock market today long-term or do they need to have portfolio protection? Eddy Gifford is more concerned of a stagflation versus a recession. How was the bond market been performing? Then, Gifford provides his first stock pick - Chipotle (CMG) as he says that consumers like to see their food being prepped. Does it have more room to run? Next is the iShares Silver Trust ETF (SLV) and SPDR S&P Homebuilders ETF (XHB).'