Extremely Dull Markets, Late Day Selling, Tesla Clobbered – By Todd Horwitz, Bubba Trading.

 

Tesla: I think there’s a lot more room to go on the downside. I think Elon Musk has got troubles..Bonds: spiked higher, I think they’re probably a sale..sign of a bit of panic and fear. Oil, tried to rally and broke down. Our next target here is 62. Grains: great news but sold off..market expectations already priced in. USDA report..hoping markets are lower so I can buy. I’d like to be long going into that report but if they’re rallying I’m not going to chase them up.

~~~~~~~~~~~~~~

Click Image for Video

Todd Daily commentary and analysis can be found here.

Financial Markets & Political Commentary

 

Tags

, , , , , , , , , , ,

Related Posts

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.