‘A cold dark place’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks Michael Burry — the hedge fund manager depicted by Christian Bale in The Big Short — has been aggressively investing during this market downturn. Burry’s latest 13F filing for the first quarter of 2022 shows a broad range of new investments and some interesting strategic moves with options. That’s a significant shift from the previous quarter when Burry… Source link
Read More »J.P. Morgan Says There’s Room for at Least 50% Gains in These 2 Stocks
Despite the modest rally that we’ve seen since late May, volatility still rules the markets. The overall trend for the year has been down – to the tune of 14% on the S&P 500 and 23% on the NASDAQ. It’s not exactly an environment that would encourage large-scale buying. But Marko Kolanovic, global market strategist from JPMorgan, takes the contrarian view, explaining why, in his view, current low prices represent opportunities. “As the market got into oversold conditions, it didn’t… Source link
Read More »‘It is like watching a plane crash’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks
Michael Burry — the hedge fund manager depicted by Christian Bale in The Big Short — has been aggressively investing during this market downturn. Burry’s latest 13F filing for the first quarter of 2022 shows a broad range of new investments and some interesting strategic moves with options. That’s a significant shift from the previous quarter when Burry was selling most of his stock portfolio and calling for the “mother of all crashes.” He’s not exactly bullish on the overall… Source link
Read More »Texas police admit to failed shooting response, say kids in room with gunman called 911
Texas’s top public safety official said officers on the scene failed to follow protocol at the Uvalde elementary school shooting, with officers standing in the hallway as children in the classroom called 911 as their classmates were killed. At a Friday afternoon press conference, state Director of Public Safety Steven McCraw said that 19 officers stood in the hallway outside the fourth-grade classroom on Tuesday while students inside the room called 911 for help. McCraw said the on-site… Source link
Read More »Baker Mayfield lost locker room after Odell Beckham Jr. left
The Cleveland Browns might want to comply with Baker Mayfield‘s trade request, after all. Mayfield reportedly lost part of the locker room after receiver Odell Beckham Jr. was released in November. It was a crucial season for Mayfield, who was hoping to receive a long-term deal from the Browns after building on the success he experienced in 2020. Those dreams were dashed early, as Mayfield sustained a shoulder injury that hindered his play the entire season. Mayfield’s on-field play took a dip… Source link
Read More »J.P. Morgan Says There’s Room for Over 90% Gains in These 2 Stocks
We’ve wrapped up the first week of April, and it feels like the April Fools’ pranks are still with us. Market headwinds have multiplied and receded, all at once. Covering the macro situation from banking giant JPMorgan, global market strategist Marko Kolanovic writes: “Equities risk-reward is not as poor as it is currently fashionable to believe… While the exogenous geopolitical crisis continues to present a binary set of outcomes, the activity momentum ahead of this shock was… Source link
Read More »Crypto ‘needs adults in the room,’ should embrace regulation before crisis hits
As regulators circle cryptocurrency, acting Comptroller of the Currency Michael Hsu warned that the U.S. could be heading for a new financial crisis if oversight over the industry isn’t tightened. “If the crypto industry doesn’t evolve or is more responsible, then we will be headed” for a potential rerun of 2008, Hsu told Yahoo Finance in an exclusive interview. The official is one of several crypto skeptics within the Biden administration who have taken more of a hardline on… Source link
Read More »Excerpt: How Google bought Android—according to folks in the room
In the beginning, it took a very specialized pitch to connect Android and Google. Dan Sandler Androids: The team that built the Android operating system is a new book from longtime Android engineer Chet Haase. Haase has been on the Android team since 2010, and he interviewed dozens of Googlers for this book, which offers a behind-the-scenes look at early Android development. With Haase’s permission, we’re giving readers a look at chapters four… Source link
Read More »Retail investors replaced hedge funds as ‘the 800-pound gorilla in the room,’ former NYSE trader says
Retail investors have upended conventional market dynamics in 2021, showing institutional investors and hedge funds that they are a force to contend with. “The one dynamic that will change is, I think, big institutionally-driven hedge fund players will not get out over their skis the way that Archegos did,” Keith Bliss, a former NYSE trader and president of Capital2Market, told Yahoo Finance (video above). “But what the instructive part of that whole episode was that these bigger… Source link
Read More »Biden’s top diplomat to meet pope — and try to ignore the elephant in the room
Pope Francis arrives for his weekly general audience at the Vatican on Wednesday. (Associated Press) When he meets with Pope Francis on Monday, the United States’ top diplomat will try to avoid the elephant in the room. Secretary of State Antony J. Blinken intends to speak to the pontiff about shared values and ideas — fighting climate change, people trafficking, violence and racism. But on the minds of many involved is a festering dispute that has pitted Francis against a group of… Source link
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