Yesterday, I promised something new today, and hoo boy, do I have something cool for you guys. | Check it out below. |
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| | *past 24-hour performance |
| | ๐ฐ Market Headlines | It was a mixed day in the US markets as most asset classes muddled through. Investors seem to be moving away from tech and toward unloved sectors like healthcare. As of Monday, 27 stocks have already dropped over 5% since the start of 2024. Asian stocks fell today following a tepid Wall Street session yesterday, except for Tokyo, which saw gains due to the government's plan to double its disaster reserves by nearly $7 billion. Tokyo's Nikkei 225 surged 2.1% to 34,476.86, a near 34-year high, boosted by chipmaker buying and expectations that the Bank of Japan will continue its loose monetary policy after ongoing wage declines. The CPI numbers come out tomorrow, while the PPI is set for Friday. Most analysts seem to expect the BTC ETF announcement today. |
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| | Tequila is so hot right now. | | The most valuable journey youโll take this year. | Tequila is the most popular spirit in the US, and itโs only getting more popular among savvy drinkers and investors. | I donโt talk about it here at Stocks & Income, but I run a fund focussing on alternative assets. | In October 2022, we bought six casks of 200L tequila for $25k. Today, theyโre worth $48k. Thatโs a 92% jump in about 15 months. | Itโs an underappreciated and still undervalued investment opportunity that intuitively makes sense, and we want to share the knowledge and opportunity with our community. | I want to invite you to our first-ever Investor Field Trip to Mexico, Feb 19 - 23. | This is a unique, all-inclusive adventure for serious investors. | Hear from experts in Mexican tequila, real estate, venture capital, startups, and infrastructure Meet CEOs, VCs, investors, fund managers, and other VIPs See world-famous tequila distilleries, art museums, and more Taste the world's finest tequila, agave, and mezcal Connect with Alts community members from around the globe | โLearn more here. |
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| | ๐ถ๏ธ Market Vibes | ๐ฐ Market Forecasts and Futures | | PIMCO said it's too early to claim victory over inflation and warned of ongoing recession risks despite expectations of a smooth economic adjustment with anticipated Federal Reserve interest rate cuts this year. | ๐ฑ Fear and Greed Index | | | ๐ง What do you think? | What's the best recent film about finance? | |
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| ๐ค What you said last time | Insurance prices are up across the board, regardless of where you live. |
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| | | ๐ Stocks | | Want to invest like Buffet? With Public.com, you can emulate Berkshire Hathawayโs portfolio with just a few clicks. | Winners and losers | Earnings, upgrades, and acquisitions | Eversource Energy dropped 7.7%, one of the S&P 500's largest declines, due to a potential $1.6 billion impact on its late 2023 results. Illumina rose 4.5% following its announcement of projected higher-than-expected revenue for late 2023. | Market movers | Bank of America noted a significant increase in equity sales by clients last week, the highest since July, amid market challenges. JetBlue Airways fell 10.2% as CEO Robin Hayes announced his departure for health reasons, with current president Joanna Geraghty taking over, becoming the first female leader of a major US airline. Blackrock cup 600 jobs. Boeing has agreed to lift up its skirts to investigators. | Ideas, trends, and analysis |
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| | | ๐ Income | | The top five dividend stocks. |
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| | ๐ Crypto | | The SECโs Twitter account was hacked, sending a fake message that the BTC ETF had been approved. |
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| | | | ๐ Wealth Watch | Used car prices are down 53% off their crazy pandemic highs. |
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| | ๐ณ๏ธ Outside the Box | Solar energy is now powering the ethical diamond trade. Seven of the eight best-paid female athletes play tennis. The booming hydrogen market. |
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| | ๐บ What to Watch Today | | Bonds Rally at Risk From $2 Trillion Pile of New Debt |
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| | ๐ Trends you need to know | Search results are from our friends at Glimpse, my favorite way to spot trends. | |
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| Ethically sourced diamonds are in high demand. |
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| | Thatโs all for today. Did we miss anything? Smash the reply button to let us know. | Cheers, | Wyatt |
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