A Look at Crude, AMZN, and AAPL
March Madness and Bubba Madness, there is no better combination! Today on The Bubba Show, Bubba discusses why he thinks markets will break and why he thinks crude oil has more downside. Bubba gives the stats, explaining that a certain move is just a statistical model and that the math will always play out in time based on the numbers.
Bubba talks about different companies and P/E ratios, while asserting that the market is overvalued, which doesn’t mean that the market will necessarily break now, but that the P/E ratio is more about the industry, not the individual company. Bubba highlights AMZN and AAPL explaining that they are unrelated and can support different numbers.