Wednesday, April 12, 2023

🌀Buyer Beware: This Bubble Is Getting a Boost

Good morning. The housing market has started to come off of its extremes of the past few years...
It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.

Good morning. The housing market has started to come off of its extremes of the past few years. Markets that saw the biggest moves higher have come down a bit, even as mortgage rates more than doubled last year.

However, in California, which has some of the highest home prices in the nation, as well as the worst income inequality, a new program has been launched. It will help buyers making up to $211,000 annually with 20 percent down payments needed to get a traditional mortgage. The kicker? That loan comes with zero percent interest.

Investors, at least real estate investors, should have no trouble finding buyers for properties in the Golden State. But over the long term, these kinds of easy-lending programs haven't looked helpful in the rear view mirror.

Now here's the rest of the news:

Sponsored Content
What's a Strong Buy Tomorrow?
And Q2 is off to the race, trader!

Is Apple (AAPL) stock expected to rise?

That seems to be the question.

But rather than review analysis of 12-month price forecasts and the whole 9 yards, sometimes your best opportunities are standing directly in front of you.

And with artificial intelligence, strong buys can be spotted in a snap 1 - 3 days in advance with up to 87.4% proven accuracy. Want to learn more?

SAVE YOUR SEAT HERE >>

MARKETS
DOW 33,684.79 +0.29%
S&P 4,108.94 -0.00%
NASDAQ 12,031.88 -0.43%
*As of market close
Stocks traded mixed on Tuesday, a late-day drop for stocks.
Oil jumped 2.2 percent, closing at $81.47 per barrel.
Gold rallied 0.8 percent, at $2,020 per ounce.
Cryptocurrencies generally rallied, with Bitcoin hitting $30,180 at the stock market close.

Today's TOP TIPS
Buy the Best Companies to Play a Hot Growth Trend
When a growth trend is underway, nearly every company that plays to that trend will rally. At least, at first. However, weaker companies will get squeezed out by competition, leading to only a few big players.

Of those players, a few will win based on quality. Others will cater to a lower-end market. When a sector is still new, chances are the higher-end product will perform better than the lower-end one until a few iterations of the technology are worked out.

» FULL STORY

Insider Trading Report: Business First Bancshares (BFST)
Edgar Smith, a director at Business First Bancshares (BFST), recently reported the purchase of 17,109 shares. The buy increased his holdings by 1 percent, and came to a total cost of $400,220.

He was joined by another director who bought 3,664 shares, paying just over $80,100. Other company directors have been buyers of shares over the past two years, with just one insider sale from a director over the same time period.

» FULL STORY

Unusual Options Activity: Silvercorp Metals (SVM)
Precious metals explorer and producer Silvercorp Metals (SVM) has rallied in recent weeks as gold and silver have jumped higher. One trader sees that trend continuing in the months ahead.

That's based on the October $7.50 calls. With 191 days until expiration, 20,109 contracts traded compared to a prior open interest of 127, for a staggering 158-fold jump in volume on the trade. The buyer of the calls paid $0.18 to make the bullish bet.

» FULL STORY

IN OTHER NEWS
Auditors Under Fire for Role in Bank Failures

Accounting firms are coming under criticism for giving banks a clean bill of health before recent failures. KPMG LLP gave Silicon Valley Bank a clean audit two weeks before the bank collapsed. The auditor had no comment on the bank's bond portfolio, which ultimately led to the bank's failure.
17 Percent of Car Buyers Paying At Least $1,000 Per Month

While the supply of the car market has stabilized, a record number of Americans are paying over $1,000 per month when financing is factored in. A full 17 percent of buyers are now paying at least that amount, a record high. It's unclear how much higher payments can go before buyers start to step aside.
Tupperware Gives "Going Concern" Notice

Tupperware (TUP) saw shares get cut in half on Monday, following a regulatory filing that warned that the company may not be able to continue as a going concern. The company is working with financial advisors to keep going, but at present the company doesn't have enough cash to fund operations.
BYD Unveils Shock Absorption Technology

Chinese electric car company BYD has unveiled a new shock absorption technology. The new tech allows for stable car rides on rugged terrain, sharp turns, and shallow water. The company expects to have further details on the system's costs, and when it can become widely available.
FTC Orders $600K Payment in Hijacked Amazon Review Case

The Federal Trade Commission has approved its first-ever enforcement action in a case involving review hijacking. Supplements retailer The Bountiful Company, maker of Nature's Bounty, will pay $600,000 for deceiving customers on Amazon by merging reviews of different products to boost ratings artificially.

S&P 500 MOVERS
TOP
KMX  10.173%
CF  6.01%
MHK 5.743%
MOS 4.787%
SYF 4.514%
BOTTOM
CTLT 2.468%
WBD 2.37%
MRNA 2.36%
MSFT 2.074%
KR 1.769%

Quote of the Day
We're seeing what we believe is the same investor narrative, which is uncertainty around the mixed economic data, which is driving uncertainty around Fed policy and a greater concern — particularly with Friday's strong employment data — that the Fed may again move forward with another rate hike. And I think investors have greater concerns about a potential U.S. recession, and the markets seem to be under greater pressure as the Fed decision looms.
- Greg Bassuk, analyst at AXS Investments, on why investors expect a further rate hike from the Fed next month as Friday's jobs data showed a slight slowdown in the labor market.

Sponsored Content
There's A New Set Of Trading Rules
Struggling with your trades and wondering if the issue could be with the market, rather than yourself? Don't worry, you're in control, and with the help of A.I., you can anticipate trend reversals to know when to sit on the sidelines or act.

This tool will also show you how you're falling in love with the wrong stocks if you're getting your information from the wrong sources, panic-selling in volatility or feeling overwhelmed.

Save a Seat for This Free Live Training >


Not sure the best way to get started?
Follow these simple steps to hit the ground running.

› Step #1 - Get These FREE Reports:

Warren Buffett's Top 5 Stocks | 10 Great Stocks Under $10 |
7 High Yield Dividend Stocks

› Step #2 - Join Our Premium Advisory:

The Next Superstock

› Step #3 - Claim Your Free Copy Of:

Big Book Of Chart Patterns | How to Trade Weekly Options For Weekly Income

We just wanted to take a moment and say thank you so much for being part of our family! We are dedicated to teaching people how to make the world a better place so we can all thrive, together. We love sharing stories and featuring past learners who have applied our teachings and changed their situations. It's our passion to build a strong community centered around fun and mindset! We love to discover extraordinary and useful tools and share them with the world! We create a space where people can discover how to enjoy their lives by simply choosing to learn. Every day we are building and strengthening partnerships with our customers and clients and we do so in the most ethical way possible. We particularly love working with artisans, makers, and small businesses because through their passion and their craft they help make the world a better place.. Without all of you we wouldn't be able to do what we do on a daily basis and for that we say thank you. We've been living our dream for many years now and that wouldn't be possible without every single one of you. The idea of going from a typical nine to five life to a life of freedom doesn't seem real to most people, but we want you to know it is definitely possible. We've done it. You have the power to control your life, your actions, and what you choose to focus on. We're here to help you along that journey to achieve whatever goals you set out for yourself. However, we also care about keeping you and your privacy safe. We are committed to advising you of the right to your privacy. We strive to provide a safe and secure user experience. Our Privacy Policy explains how we collect, store and use personal information, provided by you on our website. It also explains how we collect and use non-personal information. By accessing and using our website, you explicitly accept, without limitation or qualification, the collection, use and transfer of the personal information and non-personal information in the manner described in this Privacy Policy. Please read this Policy carefully, as it affects your rights and liabilities under the law. If you disagree with the way we collect and process personal and non-personal information, please do not use this website. This Policy applies to this website as well as all webpages Company hosts. It regulates the processing of information relating to you and grants both of us various rights with respect to your personal data. It also informs you of how to notify us to stop using your personal information. We are located in the United States of America. You may be located in a country that has laws which are more restrictive about the collection and use of your personal information. However, by using our website, you agree to waive the more restrictive laws and agree to be governed by the laws of the United States of America. If you wish to view our privacy policy, you can find it below.



Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense.

Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.



 

This email was sent to edwardlorilla1986.paxforex@blogger.com by editor@tradingtips.com

TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405

Manage Subscriptionsreport SPAM


 

No comments:

Post a Comment

Treat Yourself 30-80% Off + Free Shipping

Inventory is running low... ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏...