Bubba’s Bottom Line. Jobs, Tariffs and Gary Cohn. Top end, from a technical standpoint, of a resistance level. Last week volume was pathetic.. – By Todd Horwitz, Bubba Trading

 

Top end, from a technical standpoint, of a resistance level. Last week volume was pathetic – especially Friday..into a huge number. Not one real attempt at any sell-off.

Good week for farmers, last week. Agricultural products in good shape. Meats remained in a bit of trouble. Feeders look weak but I think you want to be a buyer. Gold struggling..rallied back but not very strong. Prefer Silver. Oil markets had a big rally to salvage the week..possibly this year in the 40’s.

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.