Crude Oil Supply Disruption Leading to Fear Trade. Todd Horwitz on Market Day Report.

 

We’re in this major backwardation pattern right now..what we’re seeing here is a lot of fear trade. We’ve got plenty of supply..
The bottoms are in in fats & feeders..I don’t want to see these wild spikes like we’re seeing in hogs right now..Grains look really solid too.

Financial Markets and Political Commentary
 

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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.