BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: February 19, 2018
Markets Recovered Over Half of Recent Losses
Markets have rallied 6 days in a row and have recovered about 60% of the recent losses. Today on The Bubba Show, the big question is whether the rip-your-face-off rally continues or will Darth Vader return. Bubba believes that the tops are in and the markets will consolidate or go lower.
Jane King from LilaMax Media and author of the KaChing report makes her weekly appearance and talks about the markets and her expectations. Bubba and Jane discuss the dollar, the FED, and other variables that will likely affect the market. They also talk about other noteworthy world events.
The Bubba Show’s technical expert, Matt Demeter, from DemeterResearch.com, joins Bubba next to discuss his expectations of the cryptocurrency space. Matt believes that the Bitcoin is done, and other digital coins will start to take the lead. The markets appear in turmoil and should soon see some more selling pressure.
Matt and Bubba discuss their expectations for the equity markets and commodities. Matt believes oil could possibly rally a little more along with equities, but the bigger picture is they will be going lower.
About Jane King
With 15 years of covering money news, Jane King has been bringing her audience not just breaking economic news but also “pocketbook” issues. The decisions moms make at the supermarket, high school students weighing various colleges, helping young couples buy their first home.
About Matt Demeter
Matt Demeter is the master market technician behind DemeterResearch.com. From 2005 to 2012, Matt was an active money manager with audited total returns of 201.9% vs. the S&P’s total return of 17.4%. In Nov 2015, Matt began offering his technical analysis to outside funds and individual investors on an affordable subscription basis.