BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: February 26, 2018
NASDAQ Sets New All-Time High
The markets are insane. Friday’s jobs number was fair, although the media is drooling over the headline number. The NASDAQ broke out to new all-time highs, but volume was pathetic, trading at just 50% of what has been the norm. Bubba still believes the tops are in, but we have to watch the action here.
Jane King from LilaMax Media and Author of the KaChing Report joins Bubba for her weekly visit. Jane and Bubba discuss the importance of financial literacy and why it’s so important to teach it to kids when they are young. There is too much theory and not enough common sense in our current system.
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Matt Demeter from DemeterResearch.com joins Bubba to discuss the cryptocurrencies. Matt, who actively trades cryptos, talks about the future and how he sees the market. Matt expects a little more pressure on the digital currencies, but also sees them going much higher.
Bubba and Matt discuss the markets, as well as Matt’s call for 8000 in the Nasdaq from a few weeks ago. Matt believes that there is a chance that the Nasdaq still hits the 8000 level before a big selloff. Matt and Bubba close the show discussing gold, oil and currencies.
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.