Oil Prices Eating Meager Wage Growth & Cryptos are Here to Stay. Look at the price action of anything that might be affected by the trade talk. If they were going to panic, that would be where. By Todd Horwitz, Bubba Trading

 

The VIX continues to collapse. The ridiculous price of oil. Cotton – these companies understand how to take advantage of the consumer. We believe Gold is a play..everything trades from a technical standpoint. GDP – we’re not getting the growth. I don’t care what anybody says..it’s obvious – we don’t produce enough.
We are still staying in our neutral posture, more or less observing.

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Todd Daily commentary and analysis can be found here.

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Financial Markets & 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.