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Are Gamblers Taking Over the Markets?

Are Gamblers Taking Over the Markets? - The Bubba Show
Original air date:  November 07, 2017

Todd "Bubba" Horwitz on Liberty Talk FM - Image Rotator Photo

BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: November 07, 2017

Goldman Sachs Struggles in Low Volume, Low Volatility Environment

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Tuesday’s Bubba Show turns out to be Bubba’s Bitch day, starting with the markets and ending with the tax plan, which is not as good as advertised. Markets continue to work higher with low volume and volatility, and Bubba explains that this is what dull markets do. There is no reason to step in front until the markets give signs that the rally is over.

Next up, Bubba talks about the ridiculous swamp and how much they take advantage of the middle class. They smile to your face, while they have their hands in your pocket, knowing that you have no say in the decisions they make. The swamp has run amuck.

Bubba comments on Goldman Sachs and their thoughts of giving up the equity options business because of the low volume and volatility. The big question that should be discussed is are the gamblers taking over the markets in this low volatility environment? There isn’t much else that could be pushing this market higher.

Bubba wraps up the show talking about the flaws in the Tax Plan and why it may be a plan against the left because of the SALT tax. Bubba wonders why big corporations may get down to 20%, while small business will be at 25%, that is backwards. This plan should help small business grow.



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Todd Horwitz began his career in the financial industry as an option market maker at the Chicago Board of Options Exchange in 1982 and was one of the founding traders in the SPX pit. He is an active member of the am currently a member of the Chicago Board of Trade.