As the Big Move Approaches, will it be to the Upside or Downside?
Markets continue to trade to in a tight range and are desperately trying to break out one way or the other. Bubba talks about the price action and what it means to the markets. Bubba also discusses what it is going to take to break the markets out of this range.
Bill Ackman has finally called it a day in Valeant pharmaceuticals and wow what a day, somewhere in the neighborhood of a 4-billion-dollar loss. Bubba discusses how Ackman let his emotions and opinion get the best of him over his last two major trades and explains why that is the wrong way to trade. The market wins another round.