Welcome Back,
Hi there
Good morning! In today’s issue, we’ll dig into the all of the latest moves and highlight what they mean for you right now. Along the way, you’ll find insights you can put to work immediately
Stock Market Update
Today’s screens show the market clearly leaning defensive:
Major Indexes
Dow Jones: -0.47%
S&P 500: -1.16%
Nasdaq: -1.81%
Russell 2000: -1.07%
VIX: +6.92% → risk sentiment worsening
Big Movers
Tech Pain:
NVIDIA (NVDA): -3.81%
Micron (MU): -2.93%
Oracle (ORCL): -5.40%
Palantir (PLTR): -5.57%
Tesla (TSLA): -4.62%
Surprising Strength:
Exxon (XOM): +2.38%
Wayfair (W): +2.39%
Rolls-Royce (RR): +0.91%
Costco (COST): +0.26%
Today’s story:
Tech dragged the entire market as money rotated out of high-growth names, while energy and retail outperformed, suggesting investors want short-term safety and cash-flow stability.
The rise in the VIX confirms a market bracing for turbulence.
Crypto Update
Based on your images:
Bitcoin: $85,583, up +1.05% today but still down sharply over the week (-8%).
Ethereum: $2,826, up +1.63%, trying to recover after a brutal weekly slide.
Solana: $119, up +1.55% today, though still off nearly 13% for the week.
BNB: Modest bounce (+0.77%) after several red sessions.
XRP: A rare green day (+0.59%) despite a steep weekly drop.
Today’s tone:
Crypto is showing small green pockets, but the broader trend remains risk-off, especially after a week dominated by sell-offs in AI-related tokens and heavy profit-taking.
Key headline today:
Analysts note that the crypto market is mirroring equity volatility as investors position cautiously ahead of next week’s macro data releases, suggesting that short-term swings may remain elevated.
Real Estate Update
1. Mortgage Rates Dip Again, Unlocking More Buyer Activity
Fresh reports today show a slight decline in the 30-year fixed mortgage rate, marking the fourth weekly drop. Analysts say this could help revive stalled home-buying activity heading into early 2026.
2. Institutional Buyers Quietly Re-Entering Sunbelt Markets
Large rental funds have reportedly resumed acquisitions in Phoenix, Tampa, and Dallas after pausing earlier this year. The move suggests they believe home price softness may be near its bottom.
3. Commercial: Mall Owners Pivoting Hard to Mixed-Use
A new industry survey released today shows more REITs planning to convert aging malls into residential + retail “hybrid” developments, following successful pilots in Chicago and Atlanta.
This is becoming one of the highest-conviction redevelopment trends for 2026.
Resource Update
Precious Metals
Gold: $4,350 (-0.15%)
Silver: $65.74 (-1.11%)
Platinum: $1,935 (+1.11%)
Palladium: $1,732 (+3.21%)
Takeaway:
Investors appear to be rotating from traditional safe-havens (gold/silver) into metals tied to industrial demand (platinum/palladium), which often happens when markets expect future manufacturing rebounds.
Energy
WTI Crude: $56.00 (+0.11%)
Brent Crude: $59.73 (+0.08%)
Gasoline (RBOB): +0.16%
Natural Gas: -2.21% (biggest mover in energy today)
Interpretation:
Oil prices stabilized despite equity weakness, hinting at expectations for steady winter demand.
Natural gas’s drop reflects warm-weather forecasts and higher-than-expected storage levels.
That’s All For Today
I hope you enjoyed today’s issue of The Wealth Wagon. If you have any questions regarding today’s issue or future issues feel free to reply to this email and we will get back to you as soon as possible. Come back tomorrow for another great post. I hope to see you. 🤙
— Ryan Rincon, CEO and Founder at The Wealth Wagon Inc.
Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.
