Stock Market Bloodbath Is this Start of Economic Recession? – By Todd Horwitz, Bubba Trading

 

No dead cat bounce, no buyers to be found. We’re looking for a big enough rally so we can sell them again. It’s never different. The market is starting to fall apart. In correction territory and is going lower. Oil down another 6/7% today – down to the 52% level and still headed lower. Continue to be buyers of grains. Bitcoin; is this the end or a buying opportunity?

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Todd’s Daily Comment here: https://tinyurl.com/y8jylo5y

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Todd Daily commentary and analysis can be found here

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.