In the Nifty500 pack, eight stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 24, according to technical scan data from StockEdge. Trading below the 200 DMA is generally considered a negative signal, as it suggests that a stock’s price is below its long-term trend. The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy