Posted by retirefire on 17th of Aug 2023 at 04:14 pm
Michael Berry is betting against the S&P 500 and Nasdaq 100
this week, according to his fund’s latest releases.
Securities and Exchange
Commission filings. The filing shows that he is now
holding options against the S&P 500, hedging $886.6 million
against the index.
The filing also revealed that Burry sold his shares in Capitol
One, First Republic, PacWest Bancorp, Wells Fargo and Western
Alliance after betting on them earlier this year in
Trying to make money from the regional banking crisis.
Berry also sold his stakes in Chinese e-commerce giants Alibaba and
JD.com.
In addition, he bought $738.8 million in put options against the
Invesco QQQ Trust ETF – a fund made up of popular high-tech Nasdaq
companies, such as big tech companies Apple and Microsoft as well
as Nvidia, Tesla and PepsiCo.
Michael Berry is betting against
Posted by retirefire on 17th of Aug 2023 at 04:14 pm
Michael Berry is betting against the S&P 500 and Nasdaq 100 this week, according to his fund’s latest releases. Securities and Exchange Commission filings. The filing shows that he is now holding options against the S&P 500, hedging $886.6 million against the index.
The filing also revealed that Burry sold his shares in Capitol One, First Republic, PacWest Bancorp, Wells Fargo and Western Alliance after betting on them earlier this year in Trying to make money from the regional banking crisis. Berry also sold his stakes in Chinese e-commerce giants Alibaba and JD.com.
In addition, he bought $738.8 million in put options against the Invesco QQQ Trust ETF – a fund made up of popular high-tech Nasdaq companies, such as big tech companies Apple and Microsoft as well as Nvidia, Tesla and PepsiCo.
sec.gov
SEC.gov | Request Rate Threshold Exceeded
It Started: This Man Predicted
Posted by EdZ on 17th of Aug 2023 at 04:19 pm
It Started: This Man Predicted EVERYTHING!! What Comes NEXT!? - YouTube