It isn’t easy to figure out which stocks billionaires are buying right now. With sky-high inflation, fears of recession, weak economic growth, Russia’s invasion of Ukraine, and a weaker consumer, the Dow Jones Industrial Average is down 12% on the year. The S&P 500 is down 21%, with the NASDAQ down about 32%. It’s been… More
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Another Surge in One Sector
Mortgage rates kill housing … PCE numbers mean the Fed will keep hiking … oil investors are rolling in record profits … Q3 GDP manipulation? … Dogecoin surges on Musk Twitter takeover Happy Halloween!The news keeps coming fast and furious. Let’s bounce around to the stories impacting your portfolio. Sky-high mortgage rates continue to… More
Terran Orbital (LLAP) Stock Surges on $100 Million Investment From Lockheed Martin
LLAP stock closed in the green today after receiving a $100 million investment from Lockheed Martin in exchange for warrants and notes. More
Mortgage Rates Jumped Above 7%. Is a Housing Market Crash Coming?
Mortgage rates reached 7.08% last week, the highest level in 20 years. With more rate hikes on the way, is a housing market crash coming? More
