The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation? | | Another Friday, another rant on everybody's favorite investor, Ark Invest CEO Cathie Wood. And , more specifically, her market outlook.
But this time, there's a couple of guest stars along for the ride as well, starting with Michael Burry of "The Big Short" fame.
This whole story began on Monday, when 13F filings revealed that Burry's Scion Asset Management bought 2,355 puts against Wood's ARK Innovation ETF. It's worth noting that Michael Short also has a substantial short position against Tesla — Wood's largest holding.
This has led to a number of articles and interviews regarding her outlook. Namely, her saying that we aren't in a bubble. | | | | | | Everyone has heard all about GameStop and its sudden, meteoric rise and 4,200% returns amid a massive short squeeze earlier this year.
But what most people probably haven't heard is that it's not the only stock getting squeezed!
Wall Street doesn't want everyday traders to know about these massive moves because the big firms lose money whenever short squeezes happen.
Mastermind trader and Forbes contributor Adam Sarhan is pulling the curtain back to reveal how anyone can take advantage of these trades — every single week! | Get in Here Now! | | | Tesla Is Under Investigation and in Turmoil. Try This EV Stock Instead | August 18, 2021 | Unfortunately, there's yet another tragedy hitting the news. Monday evening, a car crashed into a public school… leading to the Tesla self-driving investigation that's been dominating headlines. | Continue Reading | | | | Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions. | | | | |
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