Markets Calm after Oil, Grains, Stocks Explode to Resistance Level. – Todd Horwitz, Bubba Trading

 

1PM ET Update.

Seeing the markets calm down after a huge explosion. Isn’t a major surprise seeing selling pressure. Key to watch is the VIX & the Russell.
Why is gold up at 1240? At a key critical point in markets. Stay away from the news – they’re talking like the market will never go down again. The Fed will screw it up. I’m a buyer of silver..always.

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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.