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Free TheoNight Report - for Thursday, May 4, 2023 by Brandon Chapman - Vote of No Confidence Following FOMC as Banks Back in Spotlight
Despite Chairman Powell attesting to the strength of the banking system, regional banks were back in the spotlight as the sell-off resumed following yesterday's close. The bearish tenor from yesterday extended in today's trading session as bearish options activity continued to escalate. Is the move over and is the market beginning to price in a rate cut? (KRE, USB, KEY, BAC, CMA, KEY, DEN, MRO, GDX)
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Recent Media Appearances by TheoTrade
Black Swan Event Imminent - Jeff Bierman Tells MarketWatch
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"You are a Genius!" - Jeff Bierman Talks Seinfeld Market with Yahoo Finance Live
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U.S. News & World Report - Don Kaufman discusses $JNJ Inflation Protection
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Volatility Is an Options Trader's Best Friend, Don Kaufman Says in Investor's Business Daily
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