Money Vikings Investing - Week of 7/30

In This Issue: Market Report, Finviz/Sector Analysis, Overconsumption is Destroying You?, Sentiment Analysis, Events/Earnings, 🟢

A Soft Landing?

I realize it’s not cool to be optimistic, but humor me for a moment. At this point in 2023 as summer ends, things are looking pretty good across the US economy. Sure, nothing is ever perfect and there are still challenges ahead (commercial real estate, continue the fight against inflation, inequality, etc.) But across the broad spectrum of the US economy, things are fine.

My point is to be cautious with the extreme doomsayers and the extreme optimists. Perhaps things land somewhere in the middle and those of us who invest can just continue on our way. I am continuing a prudent and diversified plan to build wealth that deploys all the tools (saving, risk management, reducing costs).

Speaking of tools, never forget your greatest wealth building asset is how much of your income you keep and can invest. Check out Greg’s new video outlining Overconsumption Dangers and 5 Ways to Manage, and be sure to subscribe to our partner

Antagonist Stocks and Options Research

Look at GOOG and META up over 10% for the week!

Are You Over Consuming?

Read the article here

US Interest Rates

Rates continued to climb while we remain in an inverted, following the 2/10 rate.

The Fear and Greed Index

A small decline from the prior week, however we still remain in Extreme Greed.

The VIX

Continues to trade at multiyear lows.

Earnings & Economic Calendar

Exciting week with earnings from Apple, Amazon, Coinbase, CVS, Starbucks, Robinhood, and Shopify.

We’ll be watching JOLTs on Tuesday, Initial Jobless Claims on Thursday, and Nonfarm Payrolls on Friday.

Farewell Flesh & Blood

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