The fatigue in retail is palpable as today marked the largest outflow in years.
Image Source: Pexels
S&P 500 slides to 13-month lows as Bitcoin gets slammed over 12%. Where have the di[-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).
Video Length: 00:26:04
Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.
Comments
Log in or sign up to join the conversation.