{"id":21578,"date":"2013-08-15T09:18:12","date_gmt":"2013-08-15T13:18:12","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=21578"},"modified":"2013-08-15T09:33:18","modified_gmt":"2013-08-15T13:33:18","slug":"soros-bets-huge-against-the-sp","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=21578","title":{"rendered":"Soros bets huge against the S&#038;P."},"content":{"rendered":"<div id=\"yass_top_edge_dummy\" style=\"width: 1px; height: 1px; padding: 0px; margin: -11px 0px 0px; border-width: 0px; display: block; text-align: left;\"><\/div>\n<div id=\"yass_top_edge\" style=\"background-image: url('chrome:\/\/yass\/content\/edgebgtop.png'); background-attachment: scroll; background-position: center bottom; padding: 0px; margin: 0px 0px 0px -10px; border-width: 0px; height: 0px; display: block; width: 1px; text-align: left;\"><\/div>\n<p style=\"margin-top: 10px; text-align: left;\">It wasn&#8217;t pleasant in the market yesterday.<\/p>\n<p style=\"margin-top: 10px; text-align: left;\">And it apparently won&#8217;t be pleasant today. Wal-Mart and Cisco have reported disappointing results. Cisco, I understand. But Wal-Mart? Maybe the rich, who are doing well, don&#8217;t shop at Wal-Mart?<\/p>\n<p style=\"text-align: left;\">The only interesting &#8220;news&#8221; is that George Soros&#8217;s biggest holding may be a huge bearish put on the S&amp;P 500. MarketWatch (which is part of the Wall Street Journal) wrote a piece today that&#8217;s worth reading. Click <a title=\"Soros buys S&amp;P puts\" href=\"http:\/\/blogs.marketwatch.com\/thetell\/2013\/08\/15\/soross-biggest-holding-a-bearish-call-on-the-sp-500\/?siteid=nwhneedtoknow\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\">It has no information on his timing or cost.<\/p>\n<p style=\"text-align: left;\">Will I buy puts on the S&amp;P? If I had been intelligent, I would have bought them earlier this week. Are they likely to make sense now? I&#8217;m mulling. I don&#8217;t see the world falling apart as it did in 2008. In fact, most economic indicators are pretty positive. Even Europe has turned a small corner.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/08\/SP10years.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21579\" alt=\"S&amp;P10years\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/08\/SP10years.jpg\" width=\"643\" height=\"269\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/08\/SP10years.jpg 643w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/08\/SP10years-300x125.jpg 300w\" sizes=\"auto, (max-width: 643px) 100vw, 643px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21218\" alt=\"HarryNewton\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\" width=\"200\" height=\"199\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg 200w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><br \/>\nHarry Newton who stayed in the country this week to enjoy the weather and catch up on stuff. I suspect a lot of people have been doing exactly that. Which accounts for recent desultory stockmarket performance. It&#8217;s OK to enjoy the nice blue-sky weather which I can see &#8212; over the top of my three 22&#8243; inch screens.<\/p>\n<p style=\"text-align: left;\">My sundry tennis coaches have been telling me to whack my backhand harder. I&#8217;m happy to say, it&#8217;s working. It&#8217;s clearly all in the brain. If you think you can, you can.<\/p>\n<div id=\"yass_bottom_edge\" style=\"background-image: url('chrome:\/\/yass\/content\/edgebgbot.png'); background-position: 0px 0px; position: absolute; margin: 0px; padding: 0px; border-width: 0px; height: 0px; left: 0px; top: 0px; width: 100%; display: block;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>It wasn&#8217;t pleasant in the market yesterday. And it apparently won&#8217;t be pleasant today. Wal-Mart and Cisco have reported disappointing results. Cisco, I understand. But Wal-Mart? Maybe the rich, who are doing well, don&#8217;t shop at Wal-Mart? The only interesting &#8220;news&#8221; is that George Soros&#8217;s biggest holding may be a huge bearish put on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21578","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/21578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21578"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/21578\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}