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
Index card:
Dow Jones: –0.38%
S&P 500: –0.09%
Nasdaq: +0.13%
Russell 2000: +0.21%
VIX: +1.62% (a small uptick in nerves, but still calm overall)
So: indices were basically flat, with a slight tilt toward growth and small caps.
From the watchlist:
Winners:
CoreWeave (CRVW) jumped ~+5%, and Opendoor (OPEN) popped >+5%, continuing the “speculative growth is alive” theme.
Micron (MU) gained more than +2%, riding ongoing optimism around memory demand and AI hardware.
Broadcom (AVGO), Alphabet (GOOG), Palantir (PLTR), Roblox (RBLX) all posted +1–1.5% type days.
Losers:
JPMorgan (JPM) slid about –4.5%, a notable drop for a mega-bank, as investors reassessed rate-cut timing and net-interest-margin outlook.
Wayfair (W) sank roughly –8%, extending volatility in e-commerce names.
A few big tech names like Meta and NVIDIA were slightly red but far from breakdown territory.
Takeaway:
The headline indices say “nothing to see here,” but underneath you still have big rotations—from some financials and e-commerce into select AI/semis and specialty names. Stock-pickers’ market, not an index-only market.
Crypto Update
From your snapshot:
Bitcoin (BTC) is trading around $92K, basically flat on the day (small red), but still up solidly over the past week.
Ethereum (ETH) sits near $3.3K, also slightly red intraday but with strong green numbers on the 7-day view.
Stablecoins (USDT, USDC) are doing their job — hugging $1.
Major alts like BNB, Solana, TRON, Dogecoin, Cardano are mixed: tiny red for the day, but most show healthy green on the multi-day trend, meaning risk appetite in crypto hasn’t disappeared, just cooled.
Crypto read-through
Price action says “consolidation, not panic”: after big runs, markets are digesting gains rather than unwinding them.
On-chain and ETF flows (from today’s news flow) still lean modestly positive, which supports the idea that dips are being bought, not dumped.
Crypto Tip
If you’re adding to positions in a choppy tape, consider laddered limit orders (for example, 25% buys spaced 2–3% apart below current price). It removes emotion and lets volatility work for you.
Real Estate Update
Mortgage rates ticked slightly higher but remain well below recent peaks. The average 30-year fixed is hovering a bit above 6%, still down from the 7%+ levels we saw earlier this year, which keeps some breathing room for buyers.
Home-price growth is clearly slowing. Fresh data show price gains moderating in many major metros as inventory creeps up and bidding wars cool, especially in overheated Sun Belt markets.
What this means for investors
Sellers are losing some of their “name your price” power; buyers and value-add investors are regaining leverage on negotiation and contingencies.
Cash‐flow investors should pay closer attention to rent durability vs. price appreciation—the easy equity gains are likely behind us in many markets.
Quick Real-Estate Tip of the Day
If you’re underwriting a deal right now, stress-test it at one extra point of interest rate and 5–10% lower sale price on exit. If it still works, you’re buying with a margin of safety instead of wishful thinking.
Resource Update
From your commodities panels:
Oil & Energy
WTI crude: ~$58.4/bbl, +0.2%
Brent crude: ~$61.9/bbl, –0.9%
Gasoline & natural gas: small green moves, sub-1.5%
Metals
Gold: ~$4,226/oz, +0.04%
Silver: ~$61/oz, basically flat.
Platinum: down about –0.6%.
Palladium: up about +0.3%.
Newswise, traders are still focused on the next Fed meeting and updated inflation prints, which keep a light bid under gold as a hedge but not enough to send it to new highs today.
Resources Tip
If you hold commodities as diversification, remember: it’s the role in the portfolio that matters, not daily excitement. Small, steady allocations (5–10% across energy + metals) can smooth equity drawdowns without needing you to out-guess every OPEC headline.
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.
