Jobs number good - market crashed - Market update 12-2-22

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From Instagram

They downgraded $Ally financial and I understand why the macro environment could be bad for them considering their heavy involvement in auto loans and risk of default in a recessionary environment. That being said, Warren Buffet has bought up 10% of the company and it trades below book with a 4.5% yield. Thoughts about buying for a 5-10 year hold?

$RUM for  Instagram

Big $drv news … black stones huge real estate fund is limiting redemptions based on big withdrawals … that’s dangerous

Blackstone Real Estate Income Trust (BREIT) is a real estate investment trust that invests in apartments, industrial, retail, and hotels.

It’s one of the largest real estate funds in the world, even though it only started in 2016.

The fund is only sold to wealthy investors through select financial advisers and isn’t available to the general public.

Their website says that 3-year annualized returns are 15.5% with a 4.4% distribution rate.

$tsla semi delivery

Thank Brent for the apple podcast review

$uvxy based on Twitter chart

$Mrvl way off in morning because they missed … $Soxs soaring

$snow under $128 was the buy …. Brad from alt capital said it’s still a great buy

$Boil under $40 again - $KOLD up

Jobs number just crashed thr market because it’s much better than expected …expect the market to come back from this but it’s clear the fed has more to do …

Yields on bonds went up but stocks just crashed

SCANS

$PEP

$QCOM

$JNJ

$XLK

$ABBV

$VRTX

$CLF

$ADP

$ZS - cross up but earnings brought this down

$CL

$ORCL - remember when I mentioned buying this one as a fav?