Nicky M

📈📉 Option Trader 🐂🐻 Longterm Investor 🏘 Real Estate Developer 🚘 Car Broker IG NickyRivera6 Allin.Capital305

[Elon Musk @elonmusk]

Earth already receives about the same energy from the Sun in an hour than humanity consumes in a year.

Solar panels just need to catch a tiny amount of it to power our entire civilization!

[Steve Burns @SJosephBurns]

The mortgage rate has to fall to 5.5%, or the median priced home has to fall by 22%, or the median income has to increase by 28%, for housing to become affordable," according to Moody's economist Mark Zandi. 🏡 🏠 📉📈

[Rick Palacios Jr. @RickPalaciosJr]

Home builder gross margins trending lower to flat YOY as of 3Q-2023 with a ton of regional variation.

~90% of Southwest builders say margins are 'mostly lower', followed by Texas builders at 52%. Interestingly, these are both regions where rate buydowns have been huge.

[Charlie Bilello @charliebilello]

The median sales price of a new home in the US is $415k, only $5k higher than the median sales price of an existing home ($410k). This is the smallest price gap we've seen since 2005.

[unusual_whales @unusual_whales]

In 1981, the cost of a single family home was $66,125.

The average home price currently in America is $410,110.

[unusual_whales @unusual_whales]

BREAKING: Available homes on the market fell to an all-time-low of 1,318,154 in June, representing a 15% decline from the same period in 2022.

[Elon Musk @elonmusk]

@wholemars 😂 I deserve that

[Nick Gerli @nickgerli1]

Mortgage rates back to 7%.

Meaning that the cost to buy a house in America is now approaching $2,700/month when including mortgage, tax, insurance, and maintenance.

Meanwhile, cost to rent is $1,850.

Biggest gap we've ever seen. Something has to break.

[Market Rebellion @MarketRebels]

$AA pilots vote to authorize strike

[Charlie Bilello @charliebilello]

After a sizable decline from its peak in January 2022, Used Car prices are moving higher again. Manheim index is up 9% over the last 4 months and remains 54% higher than March 2020 levels.

[Car Dealership Guy @GuyDealership]

Auto loan rates have hit new records:

New cars: 8.67%
Used cars: 13.65%

Are we witnessing the top or more pain to come?

(via Dealertrack)

[Genevieve Roch-Decter, CFA @GRDecter]

The average American is struggling:

- 24.8 million delinquent consumer loans

- Savings rate near all-time lows

- Real wages have barely increased in the last 5 years

- Inflation still high

- 1.7 million layoffs in January

[Market Rebellion @MarketRebels]

What stocks are you watching tomorrow?

[Market Rebellion @MarketRebels]

$TSLA right now

[Market Rebellion @MarketRebels]

Average Used Car Price in the US

[Squawk Box @SquawkCNBC]

Today's #SquawkPod: A highlight from 2022, @PalantirTech CEO Alex Karp shares insight into how digital analytics has prevented a full-scale takeover of sovereign Ukraine.

LISTEN: https://t.co/zOMLGUFsdA

[Thomas J. Hayes @HedgeFundTips]

Long thread on $BABA: A friend asked this morning what I was doing with our portfolio position in $BABA (https://t.co/3pJtkBEDuA) given the news over the weekend. My reply was, “Only play is to wait it out. Not buying, not selling. Just waiting.” (1) 👇

[Charlie Bilello @charliebilello]

Used car prices are now down 10% over the past year, the largest YoY decline on record with data going back to 2009. This was a leading indicator of higher inflation rates in 2020 and the recent downturn is likely a leading indicator of lower inflation rates to come.

[RIPPYGOD @THERIPPYGOD]

$500 in 3650 C at open was worth $310,000 at todays peak.
The Fomo from today hits different
0.05 to 31.00 $SPX
speechless is an understatement
$2000 would’ve turned to a million 😂

[Morning Brew ☕️ @MorningBrew]

Bad Bunny earned the highest one-month gross of all-time in September 2022 via @touringdata

🤑11 shows
🤑500,555 tickets sold
🤑$123.7 million