Stock Markets Soar on Trump China Tweet..dead cat bounce – By Todd Horwitz, Bubba Trading

 

Todd’s Daily Comment here: https://tinyurl.com/y8jylo5y
Recorded 2:30ET.
Now is the time to look for a short. Has now reached the dead cat bounce, I look to be a seller. Look at the bond futures, they’re rallying – usually a sign of fear. VIX is nowhere near down enough based on the action today, another warning sign. Gold is up over $20.

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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.