Bubba’s Daily Update: Monday, Monday, Markets Reverse Rally – With Todd Horwitz, Bubba Trading.

 

The action looks bearish from a trading standpoint. I wouldn’t be surprised to see the highs in for the day already maybe accelerating the sell off later in the day.

The Fed want to keep pressure on the dollar.

Volatility way too high – it’s the options pricing..right now they’re expensive.

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.