Erick Mokaya's avatar
$103.3m follower assets
Erick Mokaya's avatar
$103.3m follower assets
Our newsletter this week
Check out our weekly newsletter that covers:

  • Data that CEOs are seeing does not suggest that a downturn is imminent
  • PE and VCs with record amounts of dry powder
  • AT&T saw some delays in collections of payments

Companies covered:


$RDFN reports the bay area market is cooling down
Northern California leading the cooldown, and affordable midwest is still chugging.

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Erick Mokaya's avatar
$103.3m follower assets
The state of the US housing market:
"The housing market is sending clearer signals that the pandemic-driven housing frenzy is coming to an end. Nearly one in five (19.1%) home sellers dropped their price during the four week period ending May 22—the highest level since October 2019" $RDFN
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So interested in how all this plays out. Anticipating “buyer’s remorse” going to have some Google trend spikes
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April 2022 Bloodbath - Names Down >30% Since April 1
April 2022 was one of the worst market months of all time. In fact, it was the worst since October 2008. Here are 100 stocks down >30% since April 1:


Visit highsandlows.substack.com
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Paul Essen's avatar
$227.5m follower assets
So $RDFN is down today because $OPEN had a bad earnings report? A little unclear to me why a competitor struggling should reflect negatively on Redfin after we've already seen their earnings, especially since Redfin is so much more than iBuying.
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