Michael Burry Tracker
2026.04.17 16:37

We've seen this film before...

Nasdaq hit its 12th straight record close while companies with 0 AI expertise rebrand overnight and rip 200-600%

26 years ago, it was a similar script with ".com"

Then (1998-2000):

• April 9, 1998: K-Tel announced a pivot to online music sales and stock ripped +900%

• March 29, 1999: Computer Literacy rebranded to Fatbrain com and stock ripped +322%

• March 21, 2000 Goldman Sachs told clients to go 90% stocks

• April 17, 2000: Nasdaq had its biggest one-day point gain in history.

In 2026:

• April 2, 2026: Goldman Sachs told clients the worst of the selling is behind us

• April 15, 2026: Allbirds rebranded to NewBird AI to rent GPUs and stock ripped +582%

• April 16, 2026: Myseum rebranded to Myseum AI and stock ripped +200% pre-market

• April 16, 2026: Nasdaq closes at a new all-time high

The Nasdaq crashed 78% and bottomed 30 months after that April 17, 2000 rally...

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