Is Legendary ‘Big Short’ Trader Right Again?

‘Big Short’ investor Michael Burry accurately predicted the 2020 bubble and collapse. He’s now demanding an end to coronavirus lockdowns. Burry says the restrictions are killing the economy and damaging society. Michael Burry, the legendary trader immortalized by Christian Bale in the movie The Big Short, shot to fame when he accurately predicted the 2008 […]

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Optimism Is Coming Back in the Stock Market – Will it Last?

Optimism is gaining the stock market, as COVID-19 cases and deaths are declining globally. While lockdown measures appear to be working, we shouldn’t be too optimistic as a second wave of infections might occur. Stocks are trading at attractive valuations, but we should stay prudent since more downsides are likely. Global stock markets surged on […]

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BoA Strategist Thinks the Stock Market Crash Is Over, But Don’t Celebrate Yet

Bank of America’s top strategist believes the stock market crash is over. A historic relief rally for the Dow Jones has given bulls confidence that the coronavirus panic has peaked. Gloomy GDP forecasts suggest even if the floor is in, upside for the Dow and S&P 500 could be limited at best. After a horrific […]

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Dow Fizzles as Singapore Ignites Second-Wave Coronavirus Fears

The Dow Jones fell on Friday as Asian nations began to prepare for a second wave of the coronavirus outbreak. Europe’s major economies are in “free fall,” placing significant pressure on the European stock market. The Dow risks a second leg down if the number of new coronavirus cases does not subside. The Dow Jones […]

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U.S. Futures Rise as ‘Mad Men’ Cigarette Giant Attempts Coronavirus Cure

The U.S. stock market futures is up 1.7% as British American Tobacco is hopeful for a vaccine by June. Dr. Anthony Fauci has said he expects 12 to 18 months for a coronavirus vaccine to be distributed to the public. 12 months without a vaccine for the virus could spell trouble for stocks. British American […]

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Dow Suffers Reversal as Goldman Sachs Suddenly Gets Even More Bearish

The Dow Jones suffered a reversal on Tuesday during the last trading day of the first quarter. Goldman Sachs’ dire GDP update erased some of the optimism around Trump’s talk of a $2 trillion infrastructure package. While overall U.S. coronavirus cases continue to surge, there are some bright spots in Europe and San Francisco. The […]

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U.S. Futures Fall With Threat of Desperate Food Shortage Crisis

The U.S. stock market is on track to open with a minor correction after a 4% drop on Friday. The UN has warned of a serious food crisis as supply chains see lacking resources. Retail investors’ stock appetite is expected to decline over the coming weeks as millions of people face unemployment and food shortage. […]

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Will Wuhan Doctor’s Dire Warnings Send Dow Jones Plummeting?

The Dow Jones slumped by 4% on Friday after Trump signed the $2 trillion relief bill. A Wuhan doctor’s warning on asymptomatic cases could add to the fear felt by the U.S. and Europe’s stock markets. With a gloomy macro landscape, researchers say stocks are headed for a deeper pullback. The Dow Jones Industrial Average […]

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U.S. Futures Crushed as California Records Million Unemployment Claims

The U.S. stock market is set for a 1.8% drop at market opening as investors fear for high jobless claims. California alone has seen more than 1 million unemployed individuals since early March. The relief bill would provide $600 per week to the unemployed for four months. The U.S. stock market is set to decline […]

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Dow Crashed 9,000 Points in 30-Day Plunge – But This Stock is Up 800% in 6 Days

The stock of Blue Apron has risen by 8x despite a 9,000-point drop in the Dow Jones. The company faced bankruptcy a year ago, and it could spark the start of a miraculous recovery. Costco, Walmart, Target, and other retailers have risen by over 10% in the past week. While the Dow Jones Industrial Average […]

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