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Bullish Markets Likely to Keep Momentum through 2017

Bullish Markets Likely to Keep Momentum through 2017 - The Bubba Show
Original air date:  November 03, 2017

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

BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: November 03, 2017

Yellen Passes Baton to Powell

 

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Thank god it’s Friday, the end of a tumultuous week on the street. As the rally continues, Bubba warns traders and investors not to fight the market action. This is a historically bullish time for markets, and Bubba feels that there won’t be a big sell off this year because of the strength of the 4th quarter.

The new FED chair Jerome Powell has been officially announced, which Bubba announced a couple of days ago. Bubba feels that this is a no-change environment and the new FED chair will be the same as Bernanke, Yellen and will continue the same ridiculous policies which are a detriment to the middle class.

The Tax Plan has been announced and the markets didn’t have much reaction, leading us to believe this may be a buy the rumor and sell on the news. There are a few issues with the plan, but the biggest problem can be trying to get the left to crossover and vote for it.

Bubba talks about the NFL and why it’s always about the money, nothing else matters. Bubba says that football is the number one sport and almost everyone watches football or is involved in betting, fantasy, or some sort of wagering on the sport. American football has always been number one and that doesn’t figure to change now.

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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.