Legendary Investor Alex Vieira Goes Short Wiping Out a Week of Market Gains
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High-flying tech stocks stumbled sharply on Thursday, causing the S&P 500 to close with its worst drop since June.
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The S&P 500 dropped 3.5 percent, wiping out more than a week of gains, while the tech-heavy Nasdaq composite was down nearly 5 percent. The Dow Jones industrial average briefly lost 1,000 points and ended the day down more than 800 points. Apple was down 8 percent. Amazon was down more than 4.5 percent, and Microsoft was down more than 6 percent.
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The legendary investor behind Overstock historical 6,000% stock rally from the bottom shattered Peter Lynch records establishing a new market milestone buying at $4.5 and selling at $128.
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Listen to Alex Vieira selling stocks at the very top ahead of the tech sector flash crash
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Alex Vieira published over 65,000 case studies on the subject of investing in the capital markets demonstrating in real-time what no one else is capable of doing. These case studies address IPO's, stocks, Cryptocurrencies, Forex, ETF's, Oil, Commodities, and the Forex markets. Learn about our work
Our main areas of expertise are IPO's, Technology, Biotechnology, Oil, ETF, Cryptocurrencies, and Forex.
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