The Daily Editor

Michael Burry built his reputation calling the 2008 housing crash, a trade immortalized in “The Big Short.” Since then, Wall Street has watched every new position he takes, even when his timing has occasionally run ahead of the market by months or years.

This summer, Burry loaded up on bearish bets across some of the market’s most crowded AI-linked trades,

 » Read more about: Michael Burry just sent a fresh signal to stock market investors  »

 » Read more about: Dow Jones Holds Gains While S&P 500 Turns Negative on Semiconductor Weakness  »

US-listed Bitcoin exchange-traded funds (ETFs) reported significant outflows last week, highlighting the ongoing volatility and fragility in institutional demand for Bitcoin. The ETFs, which track the largest crypto asset by market value, have seen a cumulative net outflow of approximately $8.2 billion over the past eight weeks. This trend continued despite a brief inflow period in July,

 » Read more about: Bitcoin ETFs see $8B outflows over eight weeks, highlighting market fragility  »

Social Security is a key income source for many retirees. And many people’s retirement plans would
fall apart without those benefits. But in the coming years, Social Security is expected to owe more in scheduled
benefits than it collects in revenue due to a shrinking workforce. Once Social
Security’s Old-Age and Survivors Insurance Trust Fund runs out of money,

 » Read more about: Mark Cuban Has a Plan to Fix Social Security – And It's Not What You'd Expect  »

Social Security benefits are poised for a boost of around 3.8% next year, according to recent 2027 cost-of-living adjustment (COLA) projections from The Senior Citizens League. That isn’t likely to be game-changing for most seniors. It’ll only add about $79 to the average monthly benefit as of June 2026, but at least it’s something.

For most people,

 » Read more about: Some seniors could face Social Security benefit taxes for the first time  »

As of 11:38 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0.13% to 52,017.19, while the S&P 500 (SNPINDEX:^GSPC) is down 0.33% to 7,387.76, and the Nasdaq Composite (NASDAQINDEX:^IXIC) has slipped 0.44% to 24,840.43 as tech pressure offsets optimism from cooling geopolitical tensions.

 » Read more about: Stock Market Midday, July 27: Dow Edges Higher as Nvidia Drop Weighs on Nasdaq  »

The bears may not be going anywhere on semiconductor stocks.

Quick insight: The VanEck Semiconductor ETF (SMH) — which counts Nvidia (NVDA), Taiwan Semiconductor (TSM), and Broadcom (AVGO) as its top three holdings — has begun to form a head-and-shoulders stock pattern,

 » Read more about: Semiconductor stock charts just formed this bearish shape that signals more potential losses  »

 » Read more about: Tesla: Buy The Dip, Focus On Deliveries First And Margins Later  »

 » Read more about: Tesla Stock Breaks Down After Worst Week Since 2022, Charts Point to $296  »

 » Read more about: NVIDIA Plans a $750 Billion Spending Spree. Is This the Dot-Com All Over or the Beginning of a Massive AI Boom?  »