Markets Under Pressure, NASDAQ Pummeled, Bonds Higher – By Todd Horwitz, Bubba Trading

 

Markets seeming to be holding. Always make sure you check out the VIX. We have a leak in the White House but whether or not that’s the reason for the sell off..I doubt it. I think the markets are under pressure waiting for the jobs number. Overall picture – we’re going to watch interest rates and the dollar – still our black swan events.
Still on vacation, will be doing an update after jobs.

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Todd Daily commentary and analysis can be found here.

 

 

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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.