🏡Is This the Magic Number for the Housing Market?

Good morning. 30-year mortgage rates give a quick snapshot in terms of how much it costs to buy a...

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. 30-year mortgage rates give a quick snapshot in terms of how much it costs to buy a house. When rates soared last year to nearly 7 percent, sales slowed. So did mortgage refinancings. But when rates came down to 6.5 percent, the market opened up a bit. Whether or not today's mortgage rates are high depends on your point of view. They're quite high if you're looking over the past decade. But if you're looking at the past 80 years, they're still on the low side. Those looking to bet on housing-related trades should be cautious as long as rates are near or over 7 percent… and get increasingly bullish when getting to 6 percent or lower. Now here's the rest of the news: Sponsored Content 55% Gains in 30 Days? Stop guessing and start trading. Join us very soon to learn how to predict market trends 1 - 3 days in advance with up to 87.4% proven accuracy. Take Arrowhead Pharmaceuticals (ARWR) for example – Weeks ago, we called the trend reversal and since it's seen over 55% gains in 30 days! Think about what that could do for your portfolio. Let's Watch (for FREE) The Top Trend Reversals Now >> MARKETS DOW 33,286.58 -0.42% S&P 4,192.63 +0.02% NASDAQ 12,720.78 +0.50% *As of market close • Stocks closed mixed on Monday, as debt ceiling negotiations continued. • Oil rose 0.4 percent, closing at $71.81 per barrel. • Gold dropped 0.4 percent, ending the day at $1,974 per ounce. • Cryptocurrencies traded mixed, with Bitcoin at $26,846 at the stock market close. Today's TOP TIPS Controversy Can Lead to a Selloff – The Question Is Whether or Not It Lasts Sometimes a company makes a misstep that can cost it customers in the short term. Other times, a misstep can be more permanent in nature. The question is how each specific opportunity plays out. Since each situation is different, it helps to look at the strength of the market reaction. And how competitors are faring as well. If a company faces trouble in a bear market, it may get overlooked. But it may also shine a favorable light on a competitor. » FULL STORY Insider Trading Report: PRA Group (PRAA) Vikram Atal, President and CEO at PRA Group (PRAA), recently bought 40,000 shares. The buy increased his holdings by 60 percent, and came to a total cost just under $753,000. He was joined by two directors. One bought 12,000 shares, paying about $229,000. Another bought 7,500 shares, paying just under $142,000. Insiders have otherwise been sellers of shares over the past two years, at price more than double where shares trade today. » FULL STORY Unusual Options Activity: Uber Technologies (UBER) Ride share service Uber Technologies (UBER) has had a strong rally, with shares up 68 percent over the past year. One trader is betting that the rally has stalled out. That's based on the December 15 $40 puts. With 205 days until expiration, 3,004 contracts traded compared to a prior open interest of 107, for a 28-fold rise in volume on the trade. The buyer of the puts paid $4.80 to make the bearish bet. » FULL STORY IN OTHER NEWS • Kashkari Warns on Future Interest Rate Hikes Although the Federal Reserve strongly hinted that it was ready to pause interest rate hikes, Minneapolis Fed President Neel Kashkari has warned that there may be more rate hikes ahead. At the latest read, inflation came in at 4.9 percent, well over the Fed's 2 percent inflation goal. If that trend continues, further rate hikes may be needed. • Debt Default Could Halt M&A Activity Rising interest rates and the fear of a recession have helped slow down interest in mergers and acquisitions among businesses, which tend to be funded in part with debt. With the U.S. potentially heading towards a debt default, the space may stop entirely, as a default may lead to higher short-term interest rates. • EU Fines Meta $1.3 Billion Regulators in the European Union have fined Meta Platforms (META) $1.3 billion. The fine came as the company sent user information to the United States, in violation of the EU's data-protection laws. The fine is a record level, although fines against big tech firms have risen in recent years. • FlowX.ai Raises $35 Million in Series A Funding Startup FlowX.ai, which works primarily with artificial intelligence to port legacy and newer software together in the financial sector, has raised $35 million in series A funding. The money will be used to develop its products, and to expand international operations. • Chevron to Buy PDC Energy In $6.3 Billion Shale Deal Oil giant Chevron (CVX) has announced that it's spending about $6.3 billion to buy PDC Energy (PDCE). The deal will expand Chevron's footprint in Texas and Colorado, and increase the company's stake in shale drilling opportunities. PDCE shares jumped about 8 percent on news of the deal. S&P 500 MOVERS TOP EPAM  6.847% MTCH  6.658% GEN 5.525% PFE 5.228% ZION 5.118% BOTTOM RE 4.255% NKE 3.791% ACGL 3.262% MU 3.139% AAL 3.07% Quote of the Day Equity markets have remained calm, but the next few weeks could see us test the limit of how much risk they can absorb. We see better risk-reward in high-quality bonds than in broad US equity indexes, and favor gold as a portfolio hedge. - Mark Haefele, analyst at UBS Global Wealth Management, on the possibility of the market trending down in the coming weeks as the debt ceiling crisis continues and as stocks have moved to the higher end of their range. Sponsored Content Which Trends are Thriving Today? Learn with A.I. Most people think that learning to trade with artificial intelligence is a behemoth task. They shut out when they hear words like neural networks, pattern recognition and deep learning. "What a giant black box", they feel… Until they're equipped to forecast market trends 1 – 3 days in advance with up to 87.4% proven accuracy, and quickly spot golden opportunities whether the market goes UP or DOWN. Learn More About This FREE A.I. Training Class Now > 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 Subscriptions | report SPAM