Tag Archives: Bets

Keeping up the returns would be a neat trick in today’s market, as the main indexes are all steeply down for the year so far – with losses of 15% on the S&P 500 and 24% on the NASDAQ. For investors, then, the best strategy may just be to follow a winner. Billionaire investing legend George Soros is most definitely a winner. He’s built a portfolio worth billions, and had possibly the greatest bull run in hedge fund history, averaging 30% annualized returns for 30 years. Starting in 1992,… Source link

Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2.09% to 2.2% between the end of last year and mid-March, the latest data from S&P Global Market Intelligence reflected. Bets against stocks across every sector in the benchmark except for financials grew by meaningful amounts during the period as the index corrected from all-time highs earlier in the year.

The average New Yorker couldn’t give you directions to St. John’s Terminal, or tell you what it looks like. Originally three stories tall and three blocks long, it runs north to south along West Street, in lower Manhattan. Built in 1934 by the New York Central Railroad, it was designed to hold two hundred and twenty-seven fully laden freight cars, which arrived and departed thirty feet above the ground, at the end point of the elevated tracks that would eventually become known as the… Source link

Before Kentucky’s TyTy Washington Jr. even released a wild 3-pointer at the buzzer, doomsday Arkansas bettors had to know it was going in. Those who took the Razorbacks -3 at BetMGM felt good on Saturday afternoon, but only for a moment. Arkansas took a lead late in the game and was on the verge of a nice win over the Wildcats. Arkansas led 73-70 in the final 30 seconds when Kentucky missed a three and had to foul. Davonte Davis missed a free throw with 13 seconds left but hit the second one,… Source link

Just eight teams remain in the quest for the Super Bowl. Many consider the NFL divisional round the best football weekend of the year. The stakes are high. The pretenders are gone. In theory, there should be no blowouts like we saw last weekend. Just the league’s eight best teams fighting it out for the right to continue their season. Our staff sat down and took a look at this weekend’s slate from a betting point of view. What’s your best bet for the divisional round? Nick Bromberg: I’m going… Source link

Shark Tank host and real estate guru Barbara Corcoran is putting her money where her mouth is and scooping up shares of real estate marketplace giant Zillow (Z). Since being asked in a November Yahoo Finance interview if Zillow shares bottomed after falling 21% on news the company was ending its home buying operation, Corcoran says she was confident enough to jump on the stock.      “I did invest in Zillow, remember you asked me last time?” she said Thursday on Yahoo Finance Live. “I did,… Source link

Every retail investor wants to ensure a solid portfolio return. The only question is, how? The stock market produces a vast mine of data, that by its nature forms a barrier to access. Some investors take a path of low resistance, and follow one or more market legends. These legends are the giants of the investing world, people like Steven Cohen. The billionaire trader behind Point72 Asset Management has shown that he can survive the vicissitudes of Wall Street. After recovering from Federal… Source link

(Bloomberg) — Michael Burry may have ditched some of his biggest shorts — at least for now. Most Read from Bloomberg Scion Asset Management, which Burry founded and runs as chief executive officer, had cut back to only a handful of positions as of the end of September, according to a regulatory filing made on Monday. Among trades that the firm closed in the third quarter were bets against Cathie Wood’s flagship ARK Innovation ETF, Elon Musk’s Tesla Inc. and the biggest Treasuries… Source link

(Bloomberg) — Soros Fund Management increased its bets on real estate and financial stocks during the last quarter, while the value of its U.S. equity portfolio dipped to less than $5 billion. Most Read from Bloomberg George Soros’s investment firm disclosed new positions in Hill-Rom Holdings Inc., MGM Growth Properties LLC, JPMorgan Chase & Co. and Goldman Sachs Group Inc., according to a regulatory filing Friday. The New York-based firm increased stakes in IHS Markit Ltd. and homebuilder… Source link

Facebook (FB) is changing its name to Meta as it focuses on the metaverse, a series of interconnected, persistent virtual worlds that let people interact with digital objects and avatars. The company’s existing Facebook app will still retain its name.  CEO Mark Zuckerberg announced the rebranding during the company’s Connect conference on Thursday, which offered a further glimpse into the company’s plans for the so-called metaverse in the coming decade. “We believe the metaverse will be the… Source link