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BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: March 17, 2016
As the Big Move Approaches, will it be to the Upside or Downside?Markets continue to trade to in a tight range and are desperately trying to break out one way or the other. Bubba talks about the price action and what it means to the markets. Bubba also discusses what it is going to take to break the markets out of this range.
Bill Ackman has finally called it a day in Valiant pharmaceuticals and wow what a day, somewhere in the neighborhood of a 4-billion-dollar loss. Bubba discusses how Ackman let his emotions and opinion get the best of him over his last two major trades and explains why that is the wrong way to trade. The market wins another round.
Bubba covers his expectations for commodities and metals in the near future. There have been so many dramatic calls over the last few weeks with everyone wanting to be a hero and make that great call. Bubba talks about the best approach in trading and how to protect yourself. The key is always patience and discipline.
March Madness is always an exciting time of year and usually is for the markets as well. Bubba talks about why the markets are stuck and explains that they are looking for a reason to make a big move, which will most likely be to the downside.