[unable to retrieve full-text content]Home sellers have little reason to list as mortgage rates head higher Yahoo Finance Source link
Read More »‘Sellers are absolutely having to negotiate’
It’s the same housing story across the U.S., according to real estate agents in three U.S. cities. Sellers are offering more concessions as buyer demand wanes and listings linger on the market. “Gone are the days of, ‘hey, my next door neighbor just sold last year for $100,000 over list price.’ Sellers are absolutely having to negotiate,” Dan O’Brien, an agent at Trueblood Real Estate covering Indianapolis, told Yahoo Finance (video above). And that’s good news for buyers. “Now, we… Source link
Read More »Product Reviews Linking To Multiple Sellers May Get Boost
Google Developer Advocate Alan Kent says product reviews linking to multiple sellers may get a ranking boost over reviews linking to one. Kent confirmed this on Twitter in response to a question about Google’s documentation on how to write high-quality product reviews. There’s a line in the document that reads: “Consider including links to multiple sellers to give the reader the option to purchase from their merchant of choice.” Does that mean a website is disadvantaged if it only… Source link
Read More »Short sellers betting against Cathie Wood’s ARK ETFs are up $2.4 billion this year
Traders betting against Cathie Wood’s ARK Invest have had a lucrative run this year. Shorting the firm’s family of eight exchange-traded funds (ETFs) has turned investors a mark-to-market profit of $2.4 billion so far in 2022 – more than twice the $941 million profit they made in all of last year, per figures from data analytics firm S3 partners. Of that gain, $492 million has been generated since mid-August, as technology stocks resumed a downslide amid renewed rate hike fears and… Source link
Read More »Betting Against Tech Is Finally a Winning Trade as Short Sellers Sit on $20 Billion Profit
(Bloomberg) — Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump. Most Read from Bloomberg A historic rout in the so-called FAANG cohort — Facebook owner Meta Platforms Inc., Apple Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. — has delivered $19.8 billion in mark-to-market profits for investors speculating on declines as of June 30, according to data-analytics firm S3 Partners. “It was… Source link
Read More »Home sellers are realizing it’s no longer their housing market
The housing market has rapidly changed. Sellers, once in the driver’s seat at the start of the year, are much more accommodating to complete a home sale as borrowing costs skyrocket for buyers. A growing number of home sellers have been forced to readjust their home prices in recent weeks. According to Redfin, an estimated 6.1% of homes for sale during the four weeks leading to June 19, asked for a price drop – a record high as far back as the data goes, through the start of 2015. That… Source link
Read More »Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash
‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash After a string of steady increases, mortgage rates fell this week — a mixed blessing for the fragile U.S. economy. The lower rate on a 30-year fixed mortgage is a relief for home shoppers who have been watching rates climb, but it’s also a sign that a recession could very well be around the corner as the market slows. Rates tend to mirror 10-year Treasury yields,… Source link
Read More »Short sellers are increasing their bets on a stock market crash
Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2.09% to 2.2% between the end of last year and mid-March, the latest data from S&P Global Market Intelligence reflected. Bets against stocks across every sector in the benchmark except for financials grew by meaningful amounts during the period as the index corrected from all-time highs earlier in the year.
Read More »COVID Delta fears unleash short sellers on these stock market sectors
COVID-19 Delta fears has unleashed the short sellers on the economically sensitive consumer discretionary sector. Short sellers held 4.57% of outstanding shares in the S&P 500 consumer discretionary sector at the end of July, according to new data from S&P Global Market Intelligence. Taking a short position in a stock is one’s way of betting on a decline in price. The percentage of short sellers in the consumer discretionary space has trended higher since April as stimulus check spending… Source link
Read More »Forget GameStop and short sellers — the SEC says ‘OCMillionaire’ manipulated a worthless stock higher
Fool’s gold? The SEC alleges that a stock manipulator sucked investors into a worthless company by claiming it was about to become a big player in cannabis. If you’ve been following the ludicrous saga of trading in GameStop shares, you’ve probably heard about how short sellers try to profit by manipulating stocks to fall in price. But that’s not the only way people try to play the market. The Securities and Exchange Commission just unveiled fraud charges against a trader allegedly trying to… Source link
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