TheoTrade co-founder Don Kaufman shares his analysis and outlook for BTC as the cryptocurrency’s price has fallen nearly 70% in the last 12 months. Bitcoin must drop further, says Don, before it becomes an attractive investment. The lack of volatility in Bitcoin, and its decoupling from indexes such
“Fourth-quarter seasonality favors bulls following a weak third quarter. Not to mention most stocks are priced for no growth,” TheoTrade Chief Market Strategist Jeff Bierman said in the MarketWatch column that offers “critical information for the U.S. trading day.” “The valuations on half the chip s
“The Fed is trying to take down inflation, but the side effect is an incredibly strong dollar, which is importing our inflation around the word,” said TheoTrade chief market strategist Don Kaufman in this CoinDesk TV interview. Don appeared on the “All About Bitcoin” show to discuss inflation, the t
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 d
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 Semi
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
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
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 t
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 b
