Bubba’s Daily Update: We believe oil is going lower, MUCH lower. Markets: Big picture very simple. By Todd Horwitz, Bubba Trading.

 

The bigger story is the Nasdaq – very telling. Gold got smushed and Bitcoin flew higher – interesting dynamics. Interest rates going higher no matter what the Fed try to do. We believe oil is going lower, MUCH lower. Big picture very simple.

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You can find Todd’s Daily Commentary here: https://tinyurl.com/y8jylo5y 

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Financial & Political Commentary

 

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About the author

Todd Horwitz - Author of “Average Joe Options“. Todd began his trading career in 1980 at the CBOE. He was one of the original traders in the OEX & helped start the SPX. He is a member the CME where he trades S&P futures as well as foreign currencies & is a regular contributor to CNBC, Bloomberg, BNN, Fox & many other major news networks.