Markets Reversing Course as Bitcoin Collapses

The Key Will be Where the Next Rally Fails

The first month of 2018 is coming to an end and fireworks are expected, between the FED reporting and Facebook earnings, things should get interesting. The markets have reversed course and now look to be headed lower, indicating the tops of the markets are in...

By | January, 31, 2018|Categories: Podcasts, The Bubba Show|Tags: , , , , , , , , , , |0 Comments

Irrational Exuberance Dominates Markets

Apple Stock Unaffected by Latest Sales Ploy

Markets on Tuesday were sound asleep and in need of some NoDoz. Bubba explains that no one should be surprised by the lack of activity considering it’s that time of year. This is historically the slowest week of the year...

By | December, 27, 2017|Categories: Podcasts, The Bubba Show|Tags: , , , , , , , , , , , |0 Comments

Will Bitcoin Destroy the Gold Market?

Dave Bellamy

Bitcoin is the digital peer to peer currency launched around 2009 with little or no monetary value at the time. It was even discussed back then whether it would ever have any use or monetary value. Now each unit is worth over $10,000, varying from day to day as it trades and there are about 17 million Bitcoin units outstanding, giving a total market value of around $170 billion to the current Bitcoin currency supply...

BITCOIN BUBBLE

IS BITCOIN A BUBBLE?

Bubbles are created by a surge in asset prices that are not supported by the fundamentals and driven by irrational price movement. The question comes up every day about the Bitcoin bubble but for some reason no one talks about the stock market bubble. Is it possible that both the stock market and Bitcoin are in bubbles...

By | December, 18, 2017|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Danielle DiMartino Booth

Without a doubt, the world’s central bankers are sitting back in collective horror as they bear witness to Bitcoin mania. It’s akin to a runaway train wreck in the making. There’s no emergency hand brake to pull and the undeniable bubble is fast demoting the dotcom bubble to a history book sideshow...

Bitcoin Futures Trading Begins

Are Cryptocurrencies Over-Valued?

Bitcoin Futures began trading on Sunday night and the clearing houses are making the trading almost impossible with their ridiculous rules. 50% margins and long only is a sad story for traders. Of course, this is just more manipulation by the big money trying to control markets...

Bitcoin Bubble Expands

Pattern Suggests a Sell Off Is Near

Bitcoin is exploding and now trading over 15,000 as the bubble expands. Bubba explains that this is a blow off pattern that will sell off at some point. It doesn’t matter if it’s going to last or not, it doesn’t matter if it’s a scam, the pattern suggests a sell off is near even if it’s only temporary...

Wall Street and Main Street Farther Apart

The Stock market continues to rally, having its biggest up week of the year, making new highs in the DOW. S&P and Nasdaq. The Russell is not far behind, but had the best performance last week gaining 2.4%. The NYSE as the broadest proxy for US stocks. That index, now at 12,080, has a top target of 12,000...

By | September, 18, 2017|Categories: Articles, Featured|Tags: , , , , , , , , , , |0 Comments

Market Action Consistent with a Bubble

Dollar Disaster

Bubba is back from the weekend and ready to talk markets. Looking at these goofy markets, we see complacency is at record levels, and it appears the world is content with no growth. All of the recent action is consistent with a bubble, it doesn’t have to pop today, but bet your sweet potatoes it will pop...