Tesla Loses more Money, FED Resides in a Stupor, Gold Remains Dead..We’re buyers of October Hogs..By Todd Horwitz, Bubba Trading.

 

Nasdaq higher on the back of Apple. Tesla found a way to lose more money..The Fed (the three blind mice) continue not knowing what to do or where to go. Gold, a sad, sad story.

Bonds lower..we haven’t changed our opinion. Cryptos look great..We’re buyers of October Hogs. Jobs of Friday..if we get a good number The Fed will be backed into a corner and have to raise rates. The Fed refuses to let go.

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August 2, 2018.

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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.