Monday Night Call Recording 2/19/2024

No Rate cut – have the markets seen the highs?

The economists who promised rate cuts were coming are starting to realize that will not be the case. Starting with Larry Summers who said today that there is a higher probability of a hike.

No matter what happens, the markets look a little top heavy and should see some selling even if they go higher. Watch the price action and act accordingly.

THE FREE MARKETS MUST TRADE FREE

As traders and investors, we have one thing to remember, follow the trend of the market. Be patient disciplined and leave your emotions out. The most important thing to remember is money management and self-control.

2024-02-19 Monday Night Notes

We watch price levels, not sentiment
Be safe and healthy
Don’t be a prophet, make Profits

Bubba

By Todd "Bubba" Horwitz|2024-02-20T09:07:05-05:00February 20, 2024|Monday Night Call|Comments Off

About the Author: Todd "Bubba" Horwitz

For more than 36 years, Todd “Bubba” Horwitz has enjoyed a successful career in the financial industry. He began his profession in 1980 as was one of the original market makers in the SPX Trading Pit at the Chicago Board of Options Exchange. He has traded at all of the major exchanges in Chicago and is currently a member of the CBOT. In addition to his trading, for the past five years he has concentrated on writing, education, and a media career.

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