50 Software & Payments Stocks Part II: Productivity Tools and Cybersecurity
Michael Burry
· Cassandra Unchained
· May 28, 2026 at 20:13
· ⏱ 1 min read
| Read on Substack ↗
Summary
Michael Burry is bearish on tech, rolling his puts on QQQ and SOXX to increase short exposure, citing a blowoff top. The newsletter also introduces an expanded 50-stock software and payments universe (SW50) and begins profiling productivity tools and cybersecurity names, starting with Adobe.
•Burry rolled SOXX and QQQ puts at a debit, increasing capital at risk, as he believes the market is in a blowoff top.
•Four new stocks were added to the SW50 universe: Synopsys (SNPS), Cadence Design Systems (CDNS), JFrog (FROG), and Samsara (IOT).
•Adobe (ADBE) is profiled with a $101B market cap, $24B revenue, P/IV15 of 0.91x, and a composite score of 64.7, ranking 2nd in the SW50.
Read time1 min
Length1,288 chars
Categoryfinance
Ideas
Michael BurryFounder, Scion Asset Management; subject of The Big Short
Author believes the market is witnessing a blowoff top and added short exposure via puts on the Nasdaq 100 ETF.
Michael BurryFounder, Scion Asset Management; subject of The Big Short
Author believes the market is witnessing a blowoff top and added short exposure via puts on the semiconductor index ETF.
This newsletter, published May 28, 2026,
features Michael Burry
discussing QQQ, SOXX.
2 trade ideas extracted by AI with direction and confidence scoring.