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Commodities Still Under Pressure

Commodities Still Under Pressure - The Bubba Show
Original air date:  October 03, 2017

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

BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: October 29, 2017

Equity Indexes Running Out of Steam

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Today on The Bubba Show, Bubba talks about the massacre in Vegas and how he was right there within 1000 feet of the tragedy. Bubba talks about this senseless act and wonders why? The markets continue to work their way higher and could care less about anything else that’s going on in the world.

Talking about the general markets, Bubba states that it does look like a blow off pattern is starting to form. The Russell has really exploded and is in a blow off pattern. The others are close, but all appear that the tops are starting to form. Equity indexes are running out of steam, and should see some selling or consolation soon.

Commodities are still under pressure with gold, oil and grains selling off. This pattern looks to continue and Bubba feels that these are all buying opportunities as alternative investments. Bubba also talks about the bond markets and why they should go lower and interest rates should go higher.

There are many stories and excuses each week and Bubba takes the time to explain what is going on with debt and many other problems around the globe.

 

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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.