Bull market continues? Michael Burry closed $1.6 bln short put on SPY and QQQ!

Tiger_chat
2023-11-15

Michael Burry, famed for shorting subprime mortgages during the 2008 financial crisis, closed his "$1.6 bln" short bets against $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ in the third quarter.

 The closure of such large bearish bets indicate that the market may not decline as previously anticipated.

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Does it indicate the risk appetite of the market will rise?

Will the bull market continue?

Are your bullish on the broader market?

Welcome to share your insights in our topic: Big tech rally: Will bull market continue?

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