LeeMeifong

    • LeeMeifongLeeMeifong
      ·2023-11-13
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      My investing muse - real estate & crashing up (13 Nov 2023)

      @KYHBKO
      My investing muse - real estate & crashing up Real Estate is an area of concern, namely Commercial Real Estate (CRE). The commercial real estate CRE remains an area of concern. The value of office properties may continue this downtrend with default hurting various stakeholders. Once the banks are affected, the subsequent waves could hit rapidly. The high mortgage rate can affect employment when people are forced to stay in their current geography. People are limited in their ability to relocate by the high mortgage offering and the low mortgage they are servicing. With the housing situation, it can be difficult for people to relocate to take up new jobs - unless the mortgage can be adequately covered. The states can only look internally for manpower to take up the job openings. Graph f
      My investing muse - real estate & crashing up (13 Nov 2023)
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    • LeeMeifongLeeMeifong
      ·2023-11-13
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      Market Loves Mondays & Fridays! 🥰

      @ZEROHERO
      Thanks again to Tiger for awarding the weekly top predictions for SPY & QQQ. We’ve witnessed an incredible 7 green days out of 8 trading days since November. The best thing is that Monday greens, not blues is back again 😂 TGIF chasing away Monday blues? 🥳 The S&P 500 on Friday advanced 1.31% for the week to close at 4,415.24 points, posting gains in four out of five sessions. Its accompanying ETF: SPY added 1.36% and Nasdaq Composite jumps 2.4% for the week. The central bank chief's hawkish remarks at a conference hosted by the International Monetary Fund on Thursday weighed on sentiment enough to see the S&P 500 (SP500) snap an eight-day win streak, its longest such run since November 2021. However, markets bounced back strongly on Friday as traders largely appeared to br
      Market Loves Mondays & Fridays! 🥰
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    • LeeMeifongLeeMeifong
      ·2023-11-13
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      Stocks On The Move This Week - Coinbase, Palantir, Faraday & Disney

      @koolgal
      🌟🌟🌟Bitcoin price is up today, hitting a high of USD 37,972 before retracing below USD 37,000. This rally comes as Blackrock expects the SEC to approve its spot Bitcoin ETF application by January 2024. BlackRock has registered an iShares Ethereum Trust on Thursday November 9 as a prelude to its application for a spot Ethereum ETF. This move could offer investors an indirect exposure to the world 's 2nd largest Cryptocurrency on a traditional stock exchange. $Coinbase Global, Inc.(COIN)$ is set to benefit as it has partnered with Blackrock. Blackrock will use Coinbase as a crypto custodian for the Spot Bitcoin ETF as well as the latest Spot Ethereum ETF. In Augu
      Stocks On The Move This Week - Coinbase, Palantir, Faraday & Disney
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