Markets Silent, Light Volume, NASDAQ Weak..Bonds up again but we believe they’re going significantly lower – By Todd Horwitz, Bubba Trading.

 

Markets got clobbered for a holiday trade. Volume light, vix down all day until the very end. Goes to show the tops are most likely in. We’re not looking for any major sell-off, it’s a sell-off in a range. Oil was really interesting today..Gold came back but looks like it may have found a bottom..Bonds up again but we believe they’re going significantly lower.

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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.