2015.04.03 The Bubba Show

ARE SELLERS AMASSING TROOPS ON THE BORDER?

Bubba comments about the current market conditions. He maintains that the volume is falling and that the volatility is following. Bubba says that the sellers are gradually becoming the strong hands in the market. Rallies are met with selling and there is not as much upside volume on the rallies. He believes the sellers are getting ready to put capital into action when they spot an opening.

Bubba introduces Jane King. Jane comments on the success of the pop culture, and how she sees the younger generation being swayed by politicians that know who the pop culture icons are. She thinks the Republicans can learn from this phoneme. Bubba asks Jane her opinion on the crop report released earlier in the week. She comments that for farmers it was not very positive. Record Bean crop, Corn acreage down for the third straight year.

Bubba introduces Mike McGlone of ETF securities. Mike and Bubba discuss how the earnings reports keep getting discounted but the market continues to go higher. Mike comments on how many EFT indexes are seeing a net withdrawal this year and the possible impact that this could have on the markets for the rest of 2015. Mike explains some terms that are used in the ETF market such as beta which is a correlation study.

Mike comments on why he is not longer a trader and why he focuses on working with the market long term. He tells investors and traders that if they are trading a leveraged product that they must read the prospectus because it will tell them how the product is structured. Bubba and Mike discuss hedging and why most U.S corporations don’t use it. Mike concludes the interview commenting that product diversification is the best way for business to hedge.