BREAKING: Michael Burry has updated his portfolio.
He has closed his $47 million bet against semiconductors, $SOXX.
Holdings now:
1. Alibaba, $BABA: 6.15%
2. JD, $JD: 6.11%
3. HCA Healthcare, $HCA: 5.72%
4. Oracle, $ORCL: 5.57%
💡 Nasdaq $QQQ $NQ #chartidea
Futures are red
If market (Nasdaq) has to bounce 20-21 EMA Ribbon and 400 Psych on QQQ is great level to do so and get back up. So plan is simple, bearish under these levels and bullish over!
Watch Semis Closely