JUST IN: The Nasdaq 100 is experiencing losses of nearly -2% today amid the reopening of the US government.
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Most people know Michael Burry as the investor who saw the housing crash coming. Now he has stepped out of public markets right after taking fresh bearish positions on two of the biggest AI names. The timing is what makes the story so hard to ignore.
Scion Asset Management is no longer registered with the SEC. Once a fund is off that list, it no longer has to reveal its holdings. Burry effectively moved his trades out of public view.
Right before disappearing from the spotlight, Scion reported new positions against Palantir and Nvidia. Burry spent about nine million on options that let him sell Palantir at fifty dollars in 2027, far below where it trades today. Itβs a clear challenge to the current AI enthusiasm.
AI giants keep pouring huge sums into hardware that becomes outdated quickly, while spreading the costs across many years to keep earnings looking strong. On top of that, AI workloads keep driving energy use higher. The numbers look impressive from afar, but the foundations arenβt as simple as they seem.
Burry has lived through the stress of being early once. This time he made his move, shifted his fund into a private setup and removed himself from the constant attention that comes with public filings.
He may be right or wrong, but when the mind behind The Big Short quietly positions against the marketβs favorite story and goes offline right after, itβs a moment worth noting.
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JUST IN: The CBOE Volatility Index (VIX) has risen above 21.0, indicating heightened market volatility.
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JUST IN: StubHub's stock, $STUB, plunged over 20% after the company released its Q3 2025 earnings and suspended future guidance.
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JUST IN: Bitcoin continues its decline, dropping below $97,000 for the first time since May 8.
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If you invested at the peak of the Nasdaq in March 2000, it would have been roughly 18 years before you were whole again: 15 years before the index reached the same point, plus another 3 for inflation.
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The current funding bill only reopens the government through January 30th.
Round 2 awaits.
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JUST IN: Bitcoin is falling toward $95,000, while Ether has declined by 11% over the past 24 hours. Liquidations in the crypto market are surging.
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All 4 major stocks have lost ~50% in under a month:
Investors are now confronting the fundamentals: 200-900x sales multiples, zero profits, widening losses, and commercial quantum still at least 15-30 years away.
Combined loss: $30B+ in market cap evaporated since mid-October peaks.
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JUST IN: The US Commerce Department has announced that the second reading for Q3 GDP will be released on November 26 at 8:30 a.m. ET (1230 GMT).
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Tavi Costa points out that silver could be entering a true price discovery phase. And itβs happening while the gold to silver ratio sits near levels that historically marked major turning points.
Itβs the kind of setup that builds quiet pressure for a move, and the market looks like itβs getting ready to test how far silver can actually go.
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Every trade is a coin flip. Heads you win, tails you lose. It sounds simple, fair, even elegant, until itβs your real money on the line.
Flip once and it feels harmless. Flip a thousand times and the math starts to work against you. Lose three in a row and even three wins canβt bring you back. That is how risk works. It is not balanced. Every loss shrinks your base, and every next win gives you less.
Most traders do not fail because they are wrong. They fail because they bet too big.
The only real edge in markets is patience. Knowing when not to play. Waiting until the odds lean in your favor and sizing your position accordingly. Big when it matters, small or flat when it does not. Most of the time, that means doing nothing.
But doing nothing feels unnatural. The mind wants movement. So we force trades that are not there, chase volatility, and mistake activity for progress.
Patience is not a virtue. It is math. It is the understanding that survival depends on saying no much more often than yes.
The best traders do not flip more coins. They flip cleaner ones. They wait for edge, for clarity, for conviction. That is how randomness turns into performance.
Before your next trade, ask yourself one question.
Would you sign your name under it?
Every position is your signature. Every decision adds to your record. If you would not proudly own it, do not take it.
When something carries your name, it should be intentional.
And if you love the game, really love it, you should want it to last.
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Progress in trading is exponentially delayed.
The small iterations you make week after week, studying your wins, losses, and most importantly your own behavior, compound long before they show any visible results.
Then suddenly, all at once, you see massive improvements.
Seemingly out of nowhere.
β
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The small iterations you make week after week, studying your wins, losses, and most importantly your own behavior, compound long before they show any visible results.
Then suddenly, all at once, you see massive improvements.
Seemingly out of nowhere.
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Trader A says the edge is in the strategy. If someone learns their scans and buy points, theyβll lose it.
Trader B says the edge is in position sizing and trade management, the parts that make any strategy work.
The truth is, the edge is a hypothetical concept that lives in the mind. It exists only as long as you believe it does.
β
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Trader B says the edge is in position sizing and trade management, the parts that make any strategy work.
The truth is, the edge is a hypothetical concept that lives in the mind. It exists only as long as you believe it does.
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Keep going.
Trade with smaller quantities until your trading style and emotions align with the market.
Sooner or later, the market will reward you.
β
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Trade with smaller quantities until your trading style and emotions align with the market.
Sooner or later, the market will reward you.
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