Bear market rallies are the most delicious. By Todd Horwitz, Bubba Trading.

 

2PM ET

Bear market rallies are the most delicious.

Gold higher then reversed – a pretty big move. Oil up then fell apart. Dollar on the upside. Bonds relatively flat towards down but we expect rates to go higher so we expect the bonds to get clobbered. Light volume, very thin – not a lot to get involved with.

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Financial Markets and 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.