Author name: Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.

VTI vs VOO

VTI vs VOO

Two popular and highly liquid Vanguard ETFs are ticker symbol VOO (S&P 500) and VTI (Total stock market). These are both stock market index exchange traded funds but perform differently.  VOO invests in stocks that make up the S&P 500 Index. It holds around 500 of the largest U.S. companies. Its goal is to track […]

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Current Michael Burry Portfolio 2021 Q2 Update

Current Michael Burry Portfolio 2021 Q2 Update

Michael Burry’s hedge fund Scion Asset Management is based in Saratoga, California and manages capital for 5 clients. Scion has $2,081,933,000 in total assets under management (AUM). The following positions are based on the last Q1 2021 13F filing as of 3-31-2021, with his top 10 holdings making up 92.93% of his portfolio.  Position/Portfolio% TSLA(PUTS) 35.11%

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what is arbitrage

What is Arbitrage?

Arbitrage is the ability to profit by both buying and selling the same asset in two different markets at the same time to profit from any difference in the price in two different places. Arbitrage takes advantage of any variations in prices of  the same or similar financial assets listed in different exchanges or in

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neuralink stock

Neuralink Stock

The Neuralink Corporation is one of the first neurotechnology companies that are developing implantable brain–machine interfaces (BMIs). It was founded by Elon Musk in 2016 with $100 million along with $58 million in other funding. Neuralink is headquartered in San Francisco and has a staff of 90 employees including high-level neuroscientists from various universities. Neuralink

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ikea stock

Ikea Stock

IKEA is a well known international conglomerate headquartered in the Netherlands that both designs and sells ready-to-assemble furniture, kitchen appliances and home accessories, along with other products and services. Ikea was founded in Sweden in 1943 by Ingvar Kamprad when he was 17-years old. IKEA emerged as the world’s largest furniture retailer in 2008. The

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Hawkish

Hawkish Meaning

Hawkish is a term used for monetary policymakers at central banks and advisors to government leaders who are in favor of raising interest rates as a tool for lowering inflation when interest rates are low. A hawk can also be anyone who wants to keep interest rates high after they have already been raised. A

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