1. Bitcoin Bear…BTC -54%….ETH -55%….BNB -60%….DOGE -70%

Crypto Correction

It was a tough week for Crypto, with 50-70% declines across the major assets… For Bitcoin, high volatility and large drawdowns are par for the course. We’ve seen declines larger than this many times throughout its history…

1. Tech vs. Energy Sector Weighting Spread in S&P.

Momentum ETFs are re-balancing in coming weeks…watch for changes in sectors.

1. Crypto Shaves $850B Off Market Cap….Still a Blip on Chart

Crypto markets have shaved more than $850 billion from their combined market value, according to CoinMarketCap.com. 

1. Global Tech…YTD Long vs. Short Flow….Hedgies Pressing Shorts

1. Global Flows  Still Massively in Favor of Bonds and Money Markets.

Jefferies