In a Bear Market Growth Dies, Jeff Bierman Tells Business Insider
TheoTrade chief market technician Jeff Bierman weighed in on prospects for the stock market in this Business Insider story. Repeating some of the same messages he delivers to TheoTrade members, Bierman told Business Insider: "You've got to break Apple, Amazon, Microsoft, Tesla, and Google. They're disconnected from their long-term valuations. Apple has a sequential drop in its sales and…
Jeff Bierman Picks Best ETFs For Bear Market In Yahoo Finance
TheoTrade Chief Market Technician, Professor Jeff Bierman, CMT, weighed in on the ETFs to consider in a bear market in a Yahoo Finance story today. Many semiconductor stocks “have become bargain basement opportunities and not just bottom-fishing plays,” Bierman says. Several ETFs track the PHLX Semiconductor index, including SMH and SOXQ. Conversely, Bierman says to…
Lack of Trading Hurts Crypto, Don Kaufman Tells CoinDesk TV
Lack of derivatives is hurting crypto, TheoTrade Chief Market Strategist Don Kaufman told CoinDesk TV in this “All About Crypto” segment. “As a trader, I want to be able to get in and out of a trade in seconds,” Don said. “With crypto, you can only go long or short. You’re throwing matches in a…
TheoTrade’s Jeff Bierman Tells MarketWatch He Sees Choppy Market Ahead
Jeff Bierman, chief market technician at TheoTrade, told MarketWatch he doesn’t expect the market to reach a bottom until October. He anticipates a continued downtrend next month as September historically tends to be a harsh month for stocks. “You’re turning into the corner of the market where it’s overbought, then you’re turning into that weak…
Implied Volatility and Debt Hurting Crypto Says Don Kaufman on CoinDesk TV
TheoTrade co-founder Don Kaufman appeared on CoinDesk TV to discuss the headwinds facing crypto. Implied volatility has fallen quite considerably, said Don, and there’s been a bit of decoupling between Bitcoin and the NASDAQ, a situation he expects to reverse in the near future. Another concern is the huge “cost of carry” built into Bitcoin,…
Staggering Degree of Risk in Crypto, Don Kaufman Says in TV Interview
Bitcoin rebounded to almost 24,000 yesterday, the highest price in over a month. Bitcoin is up 20% in the past week. Is it time to jump back into crypto? A resounding no says TheoTrade’s Chief Market Strategist Don Kaufman. “There has to be absolute utter despair in the marketplace before we hit a bottom,” Don…
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…
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…