Wednesday, June 28, 2023

Market Snapshot: Stocks, the Dollar, Sentiment, and the Air Under Airbnb (video)

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust: 

Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

1 comment:

  1. Thanks Marty! Well understood! Airbnb rental revenues are falling for sure in many major cities. Some of them, such as Sevierville TN, Phoenix AZ, Austin TX, Myrtle Beach, and San Antonio TX, drop almost 50% compared to 2022. The current resistance level for ABNB is at $127.89 and support level is at $115.85 with the RSI at 62.17. If rental price falls, inflation should fall in theory. But at the same time, it may not be healthy for the economy.