Money Vikings Investing - Week of 7/23

In This Issue: Market Report, Finviz/Sector Analysis, REITs vs Real Estate, Sentiment Analysis, Events/Earnings, 🟢 70% ROI on a DIA HotTrade 🔥

Weekly Market Report

The rally continues, and many are describing what we are witnessing as a bull market with investor sentiment over 50% bullish as shown in the latest AAII Survey. The major indices DIA, IWM, and SPY were up for the week, while QQQ had a weekly decline of 1.10%. Energy was the top performing sector for the week up 3.87% while Communications was down -2.37%. Bitcoin struggled to hold 30,000, but Gold, Oil, Natural Gas, and other agricultural commodities (DBA) continued to ascend. This week check out Greg’s new video outlining REITs vs Real Estate Investments, and be sure to subscribe to our partner

Antagonist Stocks and Options Research

to learn more about the Nasdaq’s Special Rebalance, and his take on the expanding market breadth. Premium Members can follow along on the DIA 🔥 HotTrade for a 70% ROI on a bull call spread.

Finviz heatmap: While we saw a lot of red in Communication Services, Energy, Healthcare, and Financials were all up over 3% for the week.

SPY is within 6% of its all time high of 479.98 in January of 2022, and trading about 4% above the 50 EMA. Many wonder if we are overextended, or if we’re about to punch through record breaking highs.

REITs vs Private Real Estate

Greg takes a look at investing $100,000 in a REIT vs investing in a home and renting it out. Which came out ahead? Which was less of a hassle? The answer may surprise you!

US Interest Rates

Koyfin: The 10 year rate was up about 1.5% for the week, but still trades well below the 2 year which is currently at 4.8%. CDs are paying over 5%.

The Fear and Greed Index, AAII

Fear and Greed Index: A low vix of 13.59, and 74% of the market above the 50 EMA continue to put us in extreme greed territory.

The American Association of Individual Investors survey continues to break records, putting us now at 51.4% bullish, up about 10% since last week. This is the 7th week in a row of increased bullishness. (Normally this survey has investors around 37.5% bullish.)

Earnings & Economic Calendar

Earnings Whispers: Next week we will hear earnings numbers from Microsoft, Alphabet, Meta, Visa, Mastercard, McDonalds, ExonMobil, Chevron, and more.

Investing.com: A busy week on the economic front as well with the Fed expected to raise interest rates a quarter point on Wednesday with a 99.2% level of confidence, as shown in the CME FedWatch Tool.

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