Sour AAPL Ruins a Decent Rally
Rally reverses on news that AAPL plans to slowdown hiring and spending. If the largest most profitable company on the planet is struggling that does not bode well for any other company and the economy at large. There will be lots of earnings announcements coming up and here's how I would trade NFLX's earnings.
Markets Bounce while Economic Issues Continue to Mount
--data dependent and sketchy! --FOMC July 27th --earnings mixed but do numbers matter? -- JPM, WFC, C, MS, Tech on deck --Chinese GDP did not impact markets --inverted curve --dollar/commodity crisis SPX Expected Move -- --last week -- 94.70 (expected move) --next week-- 87.83 (expected move)
Does a Hot CPI Indicate a More Aggressive FED?
Blow out CPI numbers for June sends a strong message to the FED they need to get more aggressive with the rate hikes. The SPX once again is dangling off the cliff of the Weekly expected move. There's a tug of war between the bear and bull case. Here's what to expect the next 2…
Don Kaufman on Why SPACs are Hurting
Billionaire investor Bill Ackman is closing the largest SPAC of all, Pershing Square Tontine Holdings. He's returning $4 billion to investors. It comes at a time when Special Purpose Acquisition Companies aren't doing well. There were 613 SPAC IPOs in 2021. There have only been 70 so far this year. In this NTD Business News…
Watch Out For This Big Market Risk, Don Kaufman Tells International Business Times
Don’t be lulled by low volatility in the market, TheoTrade Chief Market Strategist Don Kaufman says in this story analyzing weekly market activity. “The low VIX, VVIX, and SKEW mean that the professional side of trading is not hedging,” Kaufman said. “This situation lends itself to considerable downside risk. The VIX or implied volatility is not…
The Pain Isn’t Over For Bitcoin, Don Kaufman Says
TheoTrade Chief Market Strategist Don Kaufman says that there’s still a shakeup coming in the crypto market. In this International Business Times story “Bitcoin Market: A Big Rally Ahead?” Don says he wouldn’t be surprised to see BTC drop to 13,000. However, there may be better times ahead. "Bitcoin is in its infancy,” he adds. “Regulation is coming, and…
Will Summer Trade Bring Down Volatility?
--good jobs numbers gone bad --all engines go for FED hikes --rate fears shall re-ignite --oil collapses then rebounds --did dollar peak? --energy and financials will lead --earnings are here! --Low VIX, VVIX, and SKEW --considerable risk to the downside remains SPX Expected Move -- --last week -- 93.99 (expected move 4 day…
Can this Flimsy Market Rally Hold?
Stocks continue with a meek rally as Fed confirms hawkish stance in the FOMC minutes. We have to wonder whether the markets have yet to fully price in substantially higher rates.
Catastrophic First Half with More to Come?
--SPUZ holding on by a thread... --Strong dollar is keeping metals down --Bond Rally? --1) deflationary --2) or a hedge for traders anticipating more risk --volatility issues still prevalent --low VVIX, SKEW, vol futures not in backwardation --lowering guidance or warning GM, MU, RH, META, NFLX, COIN --significant headwinds shall prevail in second half SPX…
Don Kaufman Sees a Bright Side to the Bitcoin Rout in This CoinDesk TV Interview
TheoTrade co-founder Don Kaufman shares his Bitcoin price analysis, noting that despite a decline in trading volume amid the bear market there’s "a bright side of the bearishness." Don also discusses DeFi regulation and MicroStrategy’s recent $10 million BTC purchase. Today, Bitcoin is hovering at the $19,000 level. Don wouldn’t be surprised to see Bitcoin…