Where Have All The Buyers Gone? Is It The End Of BTD?
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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).
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