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Free TheoNight Report - for Monday, May 9, 2022 by Brandon Chapman - Where Have All the Buyers Gone? Is It the End of BTD?
S&P 500 slides to 13-month lows as Bitcoin gets slammed over 12%. Where have the dip-buyers gone? The fatigue in retail is palpable as today marked the largest outflow in years. While the outflows were apparent in most sectors, staples were almost unchanged on the session. Unusual option activity shows weakness in consumer finance companies like COF and DFS. (DFS, COF, MRO, PETS, ABNB, NCLH, NUE)...
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Recent Media Appearances by Don Kaufman of TheoTrade
NEW: Grim earnings spell trouble for U.S. banks, Don Kaufman says in TV interview
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NEW: Calm before the storm for crypto volatility, says Don Kaufman on CoinDesk TV
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