Stock Market Carnage Continues but Oversold Snap Back Rally Likely – Todd Horwitz, Bubba Trading

 

3pm to 4pm ET Thursday, Dec. 6, 2018: Catch Bubba on Market Rally Radio https://www.agweb.com/market-rally/

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The media continues to misreport this about the algos. This is individuals. All these signs point to a rally. This kind of action, this kind of heavy selling could create a spring-back. Still looking for the opportunity to sell into these rallies. The worst thing you can ever do is chase the market.  Watch the bonds.

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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.

 
 

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