Auto loan payments just surged to a new record – how does this impact you?

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on pocket
Pocket
Share on whatsapp
WhatsApp
Morning Bullets header logo

Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

On this day in 1933, who was inaugurated, and how did it impact the stock market? 

Think you know the answer? You can check it in the closing area down below!

5 things to know before the stock market opens today

Image Source: Morning Bullets

Wall Street was poised for its third straight day of losses today as futures on all three major indexes were declining this morning. The Dow Jones Industrial Average was slated for a 50-point loss to start the day, while both S&P 500 and Nasdaq 100 futures slipped 0.2%.

Shares of Big Tech stocks didn’t fare well this morning, either.

Investors today will keep their eye on Federal Reserve Chair Jerome Powell’s speech at a jobs summit and the pore over the government’s latest batch of initial jobless claims. Economists expect to see 750,000 filings, a slight increase from the prior week’s 730,000 claims.

Also, President Joe Biden has agreed to alter the income caps for Americans to get the $1,400 checks that are a signature component of his massive $1.9 trillion relief package.

And Melvin Capital, which you may remember as the hedge fund that lost 53% during the GameStop frenzy, is finally pulling ahead again.

What else should you know before you start your day?

Other News That Matters To You:

When he got tired of helping the rich get richer, this is what he decided to do next

 

Recommended Link:
Paul Mampilly is a Wall Street legend.
(Barron’s crowned his hedge fund as the “world’s best” and Kiplinger ranked it in the top 1%.)

But a few years ago, he left Wall Street.

“I just grew tired of helping the rich get richer,” Paul explains. “So I started sharing my No. 1 investment picks with Main Street Americans.”

And his No. 1 stock picks have been phenomenal.

In 2016, Paul’s No. 1 pick — Tableau Software — shot up 199%.

In 2017, Paul’s No. 1 pick — Foundation Medicine — shot up 524%.

In 2018, Paul’s No. 1 pick — Roku — shot up 393%.

In 2019, Paul’s No. 1 pick — MTech Acquisitions — shot up 332%.

But Paul believes his No. 1 stock pick for 2021 could go even higher. (By clicking this link you will be automatically opted into Bold Profits Daily)

 

Why did this billionaire investor just sell so many shares of Tesla, despite saying the price will only increase?

Image Source: CNBC

The billionaire investor whose company just days ago had over 6.1 million shares of Tesla said he has sold 1.8 million shares over the course of six months for his clients. He has gone forward with these transactions even though he envisions the stock increasing to $2,000 in the span of the next 10 years.

He was motivated to sell the shares because they were dominating some of his clients’ portfolios.

“It was painful selling every single share,” he said.

This past year Tesla has seen growth of 338%, to a whopping $653.20 per share.

Baron had previously said he “would be the last out” when it comes to selling.

What else should you know about his company’s massive sell off of these shares?

More Headline You Need To Read:

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Image

Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

Not useful – 22.72%

It was ok – 13.06%

It was good – 38.57%

Very useful – 25.65%

Fedrick Frost

Fedrick Frost

News Reporter for Morning Bullets, Writes on Politics, Economy, Business & More. Intrested in sharing news With Fredrick? Click Here

Welcome!

You are now part of the Morning bullets newsletter

let's save the world together