Hey everyone, We're back to our usual early publishing time. βοΈ Friday we shared three investing ideas--one each for tequila, whisky, and mezcal. If you're an accredited investor looking for ideas to diversify your portfolio and improve returns, check it out. | β Take advantage of Rent Growth in high demand Texas Markets Did you know that over half a million people have moved to Texas since the summer of 2021 β yet multifamily construction starts are down more than 70% across the state in 2023? This will create a supply and demand imbalance that to us, as investors, can mean only one thing β opportunity. βBV Capital is a real estate private equity company that specializes in ground-up multifamily construction deals in the state of Texas. A vertically integrated company, utilizing BVβs in-house construction team has allowed for historical returns beyond those of traditional value-add investments. If you are an accredited investor and want to learn more about our current investment opportunity in Dallas, TX, one of the nationβs fastest-growing cities, click the button below. Sold to accredited investors via a private placement memorandum and past results do not guarantee future returns. | β β *past 24-hour performance Stocks continued to rip last week, up about 2% across the board. Thank a steady Federal Reserve meeting last Wednesday for your portfolio's boost.It was the best week of the year, a year in which the S&P 500 has hit 20 all-time highs. β Friday is a market holiday, so there are only four days of trading this week.But the new Personal Consumption Expenditures (PCE) index prints Friday morning, and markets will have some fresh data to react to when Q2 starts next Monday. Gas prices sped past $3.50 per gallon. Crude is up about $10 per barrel since the start of the year. Donald Trump's Truth Social will go public after shell company Digital World Acquisition Corp voted Friday to acquire it. The deal could be worth up to 3 billion and could help dig him out of a financial hole. The Afghanistan branch of ISIS claimed responsibility for an attack on a Moscow concert hall that left over 130 dead. Russia and noted international security expert David Sacks blame Ukraine. πΆοΈ Market Vibes π° Forecasts and Futures Forecasts via Kalshi, the prediction market. The prediction market is forecasting three rate cuts again. π± Fear and Greed Index What do you think? π€ What you said last time All your favorites survived the weekend, though Vegas gives two-seed Tennesse a slight edge over one-seed UNC. NC State has the longest odds among teams still in the tournament at +12000 (0.8% chance). π Trends you need to know March Madness continues to get more and more popular every year. π Stocks Get $20 free shares and options rebates for life if you create an account at public.com using code ALTSCO before March 31st. β |
Winners and losers Earnings, upgrades, and acquisitions There were no major earnings reports last Friday. This week's earnings schedule is a busy one as we close out the quarter:Tuesday: McCormick, GameStop, nCino, and Progress Software. Wednesday: A big day with Carnival, Lands' End, Cintas, Paychex, RH, Braze, and Rumble. Thursday: Walgreens Boots Alliance. Market movers China introduced rules to remove Intel and AMD chips from government PCs. βAmgen launched MariTide, a monthly weight loss injection with a different means of action than competitors. βReddit's IPO saw major gains for investors Sam Altman and Steven Newhouse, with shares surging 48.4% on debut. βChrysler parent Stellantis announced layoffs of 400 U.S. salaried workers. βDarden Restaurants reported that lower-income families are dining out less. Ideas, trends, and analysis Americans in their 30s have a median 401(k) balance of $20,400. [Ed: that doesn't seem great ] The European Commission moved to impose tariffs on Russian grain. Yield curve inversion and the Sahm rule suggest a recession may be imminent. [Ed: but that's been the case for more than a year now ] βAlibaba's AI bet gives it the potential for a rebound. π Global perspectives π·πΊπ¨π³ Russia and China vetoed a US-led UN resolution for an immediate ceasefire in Gaza. π΅π Chinese ships attacked a Philippine vessel in the South China Sea with water cannons. πΊπ¦ A Russian missile entered Polish airspace. πΈπ¦ Saudi Arabia is building the world's first Dragon Ball Z theme park. π³π¬ 300 abducted Nigerian schoolchildren were released after two weeks of captivity. π΅ Income βBank of America recommended these three dividend stocks. Seven dividend stocks to buy on the dip. β‘ Crypto The SEC she's all wet delayed its decision on Grayscale's Ethereum ETF until May 30, 2024.A flurry of SEC subpoenas last week has made Ethereum ETF approval "extremely unlikely." Bitcoin ETFs have become BlackRock and Fidelity's most popular funds. π§ Errata Researchers squeezed diamonds and made something even harder. A solar flare might mess with aircraft radio communications. Watch the sky for falling Boeing planes. β πΊ What to watch today Inflation isn't the only reason your grocery prices are so high. ββ β Thatβs all for today. Did I miss anything? Smash the reply button to let me know. Cheers, Wyatt π Share Alts Use this referral link to get free stuff: https://sparklp.co/348f70fb/ | β β *Disclosures: Paid for by Public Investing. Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. Prior to buying or selling an option, investors must read and understand the βCharacteristics and Risks of Standardized Optionsβ, also known as the options disclosure document. If you are enrolled in Public's Options Order Flow Rebate Program, Public Investing will share 50% of our estimated order flow revenue for each completed options trade as a rebate to help reduce your trading costs. Must activate Options Account by March 31 for revenue share. To learn more, see Fee Schedule. US members only. β | β β |