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Original air date: December 20, 2016
BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: December 20, 2016
Why has Michelle Obama Lost Hope?
Markets are searching for the 20000 level and will probably reach that level before the year is over. Bubba talks about how the markets are so far in front of themselves that they really have nowhere to go but lower. Bubba explains that the markets will not announce themselves but they will leave clues and it’s our job to read the clues.
Bubba talks about Trump’s plans and believes that he will be able to get a lot of things done but not in the period that the markets are pricing in. Bubba talks about the work it will take even with a republican house and senate. The politicians will not want to give up all the special rewards they have to make the plan work.
Bubba talks about Michelle Obama and her no hope statement and almost blows a gasket as he shares a recording from Judge Jeanine from FOX Business. The judge goes wild on the first lady and talks about hope giving several examples of how the Obama’s stripped hope from the American people and why Michelle Obama is full of it.
Holiday time is always the toughest to trade and Bubba warns that this may be a good time to go visit family and friends. Markets that lack volatility and volume they lack opportunity and as traders we need as many good opportunities as possible because trading is a numbers game.
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