Archive Category: Green Zone Fortunes Updates

I hope you’re all set to have a wonderful Thanksgiving!
We’re bringing you a special treat this week…
Some juicy nuggets of financial wisdom for you to drop at the dinner table, easily making you the most informed in the room…

As the Federal Reserve wages war on inflation, the U.S. housing market has been caught in the crossfire. That’s because higher interest rates mean higher mortgage rates — which almost hit 8% recently.

On Monday, I recommended closing out half your position in Genie Energy Ltd. (NYSE: GNE) for a gain of 109% in less than eight months. This was an extremely fast-moving opportunity — with shares spiking 15% in a matter of hours after the company reported record earnings. If you took action as soon as you received the sell alert, then you sold very near the peak price for the day, which was also a new all-time high.

The world is currently adopting artificial intelligence (AI) faster than any other new technology in history — with ChatGPT leading the charge.

Right now, the 10 largest stocks by market cap in the S&P 500 account for more than a third of the index by weight. And the top 10% of stocks in the index carry more weight than the bottom 90%. That’s a remarkable amount of concentration in mega-cap stocks — at a level we haven’t really seen since the dot-com bubble of the early 2000s. From one perspective, investors’ preference for these popular mega caps makes some sense.