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 earnings and the stock just goes up. It makes absolutely no sense. In a bear market, growth dies,” he said. Excerpt from the story: “Bierman said the market bottom would also be signaled by higher levels of capitulation. The ongoing lack of capitulation is reflected in the CBOE Volatility Index, or VIX, he said. Bierman said the index would likely spike to “well above” 40, a level that indicates more extreme levels of bearishness. It currently sits at 27.54 and tends to rise when the S&P 500 falls.” Professor Bierman’s prognosis for the market falls in

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 avoid Homebuilder and Gold ETFs until conditions improve. Professor Bierman goes into greater detail about which ETFs he favors and those he would avoid in this Yahoo Finance story Which ETFs to consider in a bear market: Experts weigh in.

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 pool of gasoline in this market and the correlation between Bitcoin and the NASDAQ has broken apart lately, except on the downside. I don’t see the upside of betting on Bitcoin in this current market.” See the full segment here. OR: Watch on YouTube here. OR: Watch directly on CoinDesk TV here.   

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 seasonality, then you’re turning into a Fed rate hike…” Bierman told MarketWatch. See the full story here.

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, meaning the debt load of crypto companies, especially the miners, in a rising interest rate environment. Don reiterated that despite this mini rally he expects Bitcoin to drop further, possibly into the teens, to achieve capitulation. See the full segment here.

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 says in this NTD News interview. Investors who think we’ve hit a bottom and are re-upping crypto investments will find a staggering degree of risk in the near term, says Don. See the full segment here.

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 interview, Don Kaufman, Chief Investment Strategist at TheoTrade, says that many of these SPAC companies are worth half, if that, of their original valuation. Don says that the drop in SPACs is driven more by investor fears, rather than finding suitable companies to invest in. Click video above to see the full TV segment.

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 barometer to follow in this situation and is not in line with price action. We can sell into the abyss very rapidly when professional traders are not hedged. If the market sells off, they will have to hedge into a falling market dynamically. This environment carries significant downside risk, with limited upside potential.” See the full story here.

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 it will add stability and a sense to the broader public that crypto is a safe, regulated investment. Also, the maturation of the crypto market to include options and futures will draw serious investors and traders,” he said. See the full story here.

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 drop to $13,000. So, what’s the bright side? Regulation will add stability and a sense to the broader public that crypto is a safe, regulated investment. Also, the maturation of the crypto market to include options and futures will draw serious investors and traders. For now, Don doesn’t agree with investors such as MicroStrategy, that Bitcoin is an attractive investment no matter what the price. He’s keeping a close eye on implied volatility and volume as indicators of when Bitcoin might hit bottom. See the segment here.