Universal Basic Income latest Keynesian Wealth Transfer Scheme – By Todd Horwitz, Bubba Trading.

 

I think you continue to see a downtrend. The markets are overvalued. I think you continue to see a downtrend. The markets are overvalued. Buffet buys Apple. Gold: long term like it, short term no surprise if it goes under to 1280. Oil; everyone calls for higher prices, I’m calling for lower. Look at backwardation. It could take out the shorts before then.

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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.