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…
Small Business Optimism Falling and Home Sales Cancellations? It' OK, it's Prime Day!
With small business confidence drifting to record lows and home sales cancellations spiking to COID highs, the market appears to be taking it in stride. As we wrap up a historically bullish 2-week period, we're now looking ahead to another earnings season this week with banks and don't forget Amazon Prime Day, which is sure…
Financial Stocks in Focus as we Plan the Active Week Ahead
We're starting the week on a stock sell-off as bonds rally on a Monday. In tonight's video, we pinpoint our active price levels in key stocks including major Technology (XLK) and Financial (XLF) companies as we prepare for leading financial stocks to report earnings later this week.
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…
Your Stock and Sector Check-Up ahead of the Monthly Jobs Report
Friday will give us the potential market-moving catalyst of the monthly Jobs Report and that could give effective clues about the ongoing health or weakness of the broader economy - and it could move markets. In tonight's video, we pinpoint the ongoing trends in equity futures, Gold, Oil, and Bonds while also pinpointing the key…
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.
See You at the Bear Market Crossroads as Oil Stumbles and Dollar Pops
This must be what it's like when worlds collide as bulls are feelin' frisky just as the bears are just getting started. Does the value proposition based on trailing earnings trump the negative inertia of a floundering economy and rising real inflation? Tie goes to the bond market. (USO, X, DBD, DG, Z, NFLX, VTI)
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…