“You have no idea how short I am,” Michael Burry said in a Tuesday evening tweet.
"The Big Short" investor Michael Burry, known for calling the subprime mortgage crisis, hinted that he currently has a sizable short position after being bearish throughout 2022. "You have no idea how short I am," Burry said in a Tuesday evening tweet. It's unclear what kind of bet Burry is making, if he's shorting any specific sectors or stocks or just the whole market. It's also not clear if Burry is implying he is betting against the market at all.
The famed investor previously highlighted crashes in cryptocurrencies, meme stocks and SPACs this year. The crypto industry has been upended as fallout from crypto exchange FTX's shocking Chapter 11 bankruptcy filing continued to drag digital currencies lower. Burry said the stage might be set for gold to rally amid the turmoil in crypto. "Long thought that the time for gold would be when crypto scandals merge into contagion," Burry said in a tweet earlier this week.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Michael Burry cryptically says market has ‘no idea how short I am’Burry is best known for his bet against subprime mortgages in “The Big Short.”
Lire la suite »
New Midnight Suns Animated Short Is All About Ghost RiderMidnight Suns' third animated prequel short has just dropped and dives into Ghost Rider and how he came to join the crew.
Lire la suite »
Plano city council delays vote on short-term rental regulationsPlano city leaders decided to delay a vote on regulating short-term rentals in order to discuss new information and consult with other North Texas cities.
Lire la suite »
Cambodia prime minister cuts G20 trip short after testing positive for COVIDHun Sen hosted several world leaders, including President Biden for the ASEAN gathering over the weekend.
Lire la suite »
WTI bulls stay on top in short squeezeWest Texas Intermediate, (WTI) put in a short squeeze in the final part of the Wall Street session on Tuesday, moving into in-the-money shorts from th
Lire la suite »
Gold Price Short-term Outlook: Gold Bulls Eye ResistanceThe gold price breakout is eyeing key resistance into the November high with the weekly range now in focus. Levels that matter on the XAU/USD short-term technical charts.
Lire la suite »