Markets take a Beating, NASDAQ Falls, Dollar Slightly Weaker. “Everybody thinks the Fed will come to the rescue…” By Todd Horwitz, Bubba Trading

 

Everybody thinks this time is different – nobody cares. Everybody thinks the Fed will come to the rescue. When you look at a market that is falling out of bed, you have to wonder..is this it? We’ll be looking for the subsequent rally to see if the rally fails. That’s where we’d be looking to get in and short this market. When you look at the big picture look at the bond market.

We’re loaded with complacency.

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Todd Daily commentary and analysis can be found here.

 

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.