To gain an edge, this is what you need to know today.
Deploy Cash And Reduce Hedges
The trigger for the call to deploy cash and reduce hedges is two-fold:
Michael Burry has placed a $1.6 billion bet on a potential stock market crash, making up 90% of his firm's portfolio.
Burry previously earned $100 million in 2008 by accurately predicting the US housing market collapse.
Recently, the Dow Jones saw a decline of 500 points in just two days, creating concerns among investors
Michael Burry has onc
To gain an edge, this is what you need to know today.
Best First Half Ever
Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ).
Note the following:
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On Jan. 6, 1981, Joe Granville warned his newsletter readers to “Sell everything!”
Where The Market Was: The Dow closed at 1,004.69 and the S&P 500 traded at 138.12.
Each day, Benzinga will take a look back at a notable market-related moment that happened on this date.
What Happened? On this day in 1941, Japan attacked the U.S. naval base in Pearl Harbor, Hawaii at 7:48 a.m. local time on a Sunday morning.