Trade Tracker: Joe Terranova sells APA Corp
December 22, 2025 • 1m 46s
Scott Wapner (Host)
00:00.070
alright
let's
talk
commodities
for
a
minute
we
have
gold
and
silver
new
record
highs
today
oil
not
so
much
worst
sector
for
energy
worst
sector
last
week
was
energy
excuse
me
that's
where
your
move
is
right
yes
apache
you
Joe Terranova (Senior Managing Director)
00:11.990
sold
it
i
Scott Wapner (Host)
00:12.710
did
tell
Joe Terranova (Senior Managing Director)
00:13.230
me
terrible
trade
terrible
trade
natural
gas
is
up
around
five
dollars
already
own
EQT
that
has
been
a
a
strong
winning
position
for
me
i
added
apache
as
natural
gas
approach
five
dollars
believing
natural
gas
is
going
to
break
out
above
five
dollars
it
absolutely
has
not
done
Scott Wapner (Host)
00:29.550
that
long
ago
knock
Joe Terranova (Senior Managing Director)
00:30.470
over
apaches
a
couple
of
weeks
at
most
it's
terrible
trade
down
maybe
eight
percent
on
the
trade
Scott Wapner (Host)
00:37.030
oh
you
are
Joe Terranova (Senior Managing Director)
00:37.670
yeah
got
right
out
of
it
OK
i
mean
the
sidelines
natural
gas
right
back
below
four
dollars
Scott Wapner (Host)
00:43.270
OK
i
mean
because
i
have
it
up
three
percent
in
a
month
four
and
a
half
in
three
months
i
mean
so
really
you're
you're
talking
about
a
very
small
probably
Joe Terranova (Senior Managing Director)
00:50.470
just
didn't
work
i
probably
bought
the
high
of
the
entire
move
i
i
know
that's
Scott Wapner (Host)
00:55.110
natural
right
behind
so
high
so
high
do
i
Joe Terranova (Senior Managing Director)
00:58.230
mean
sometimes
Jim Lebenthal (Chief Equity Strategist)
01:00.310
sometimes
that
doesn't
Joe Terranova (Senior Managing Director)
01:01.230
work
itself
in
his
book
yeah
yeah
and
sometimes
that
absolutely
doesn't
work
his
own
book
yeah
natural
gas
is
five
dollars
a
time
i'll
tell
you
a
trade
that
is
working
that
i
bought
at
the
high
GLD
bought
that
one
month
ago
up
about
ten
percent
on
GLD
and
i
think
that
continues
Joe Terranova (Senior Managing Director)
01:16.230
to
move
higher
because
gold's
going
higher
you
still
have
Scott Wapner (Host)
01:18.590
optimistic
about
that
for
twenty
six
i
am
Joe Terranova (Senior Managing Director)
01:20.830
i'm
optimistic
about
gold
i'm
optimistic
about
silver
i
like
that
liz
is
nodding
that
she
agrees
with
me
yeah
Liz Young (Head of Investment Strategy)
01:26.630
i
agree
with
you
on
gold
i
agree
with
you
on
gold
on
gold
i
was
optimistic
about
gold
in
twenty
five
still
optimistic
in
twenty
six
silver
is
a
speculative
commodity
more
than
gold
is
i
think
there's
more
of
a
floor
on
the
gold
demand
i
don't
think
that
you
see
as
much
of
a
Liz Young (Head of Investment Strategy)
01:40.270
possibility
of
a
drawdown
but
silver
silvers
up
a
little
high
for
me
a
little
fast
OK
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