Cash is King, Stock Markets Gap Up Big into Rollercoaster Selloff and Rally – Todd Horwitz, Bubba Trading.

 

Todd’s Daily commentary and analysis can be found here

Overall picture has not changed. Beginning of the year new money comes in. Our main objective is to get short the markets – not necessarily immediately. (Listen to Todd’s levels). We’re looking to be in the ag space and get out of equities.

The Fed’s message should be very concerning to everyone. Why did they go from an aggressive raising stance to now possibly wanting to cut them.

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.