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Michael Burry moved nearly all short exposure into Nasdaq-100, and SMH puts expiring by mid-2027, warning of a top within nine months as chip stocks surge.
Michael Burry just collapsed his bearish bets into two concentrated positions, set a nine-month window for a possible market peak, and left a critical question unanswered: did he actually get more bearish, or just louder about it?
Burry increased his stake in Sprouts Farmers Market to about 3%, adding shares at around $73 per share.