HSAPAY week 18 of 40 Baby Prep Plan
May 08, 2023 9:28 pm
Welcome back ,
Here's HSAPAY's weekly wrap for May 8, 2023. Take charge of your health savings with ๐ช HSAPAY! Wall Street has been tough on Icahn Enterprises this week, but don't let that bring you down ๐. Good news, Apple Inc. just nailed it in Q2 as financial results were amazing & the stock has skyrocketed by 35% since the start of 2023 ๐. Procore Tech Inc is on fire with their shares soaring, Keep your ๐ peeled on this one. Copper is currently trading at $3.87, which is lower than its year-to-date high of $4.36. Silver prices continue to rise despite weak manufacturing PMI numbers from countries. Adidas aced its Q1 numbers, beating expectations despite Yeezy fallout .Finally, energy prices are dropping and it's causing some concerns about a potential recession ๐ฑ.
HSAPAY Weekly Roundup
- Baby Savings with your HSA
- Want Dividends in your HSA
- Feel the power of your HSA!!
- From Medications to Products your HSA has you covered
Macro & Metals Market Overview
- Another Bank Bites The Dust
- Crude oil prices sell-off intensifies after Kremlin drone attack
- Copper price forecast: demand, supply dynamics favorable
- Silver price forecast as the gold/silver ratio retreats
3-6 Month HSA Investment Entries
- IEP stock price forecast: 4 reasons to avoid Icahn Enterprises shares
- Analyst Tom Forte shares his take on Apple Q2 earnings
- Buy Procore shares for a 41% return in 12 months: Goldman Sachs
- Adidas quarterly sales beat expectations despite Yeezy crisis
Baby Savings with your HSA
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How To Save Money on Baby Expenses- 43 Money Saving Tips From The Pros. "HSAs offer a tax-free way to save for future medical expenses, regardless of whether they are incurred in the current tax year or further down the road." #hsapay #hsa Find out more here... | ||
10:46 AM ยท May 8, 2023 | ||
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From Medications to Products your HSA has you covered
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""HSAs offer a tax-free way to save for future medical expenses, regardless of whether they are incurred in the current tax year or further down the road." #hsapay #hsapay #hsagrow | ||
1:57 PM ยท May 7, 2023 | ||
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Want Dividends in your HSA?
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Attention all dividend growth investors! Look no further than the Vanguard Dividend Appreciation ETF (VIG) ๐ค It's one of the most popular and liquid dividend ETFs in the market ๐ฐ Plus, with its super low expense ratio of 0.06%, you'll be saving those precious pennies... | ||
10:48 PM ยท Apr 29, 2023 | ||
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Feel the power of your HSA!!
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Getting the most from your HSA starts by asking for help. Just Do IT. #HSAPAY | ||
3:16 PM ยท Apr 14, 2023 | ||
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Macro & Metals Market Overview
I always thought smaller banks were safer, but apparently, incompetence knows no size. ๐ While this may not have a major impact on the macroeconomy, I worry about other weak links in the banking system.
๐ค Let's hope we don't see any more banks blowing themselves up with interest rate risks.
Copper price forecast: demand, supply dynamics favorable
Despite some positive signs in the industry, copper prices have sadly been feeling the pressure this year.
Copper is currently trading at $3.87, which is way lower than the year-to-date high of $4.36.
That means copper has dropped by over 11% and it's now in a correction zone. It's strange because demand for copper is high right now with the manufacturing sector bouncing back.
Silver price forecast as the gold/silver ratio retreats
๐ This week, silver prices went up and up despite weak manufacturing PMI numbers from countries. Even the Federal Reserve's interest rate decision couldn't stop it from soaring! And as the gold/silver ratio kept falling, silver hit $25.74 on Thursday, just a few points away from the year-to-date high of $26. Keep shining bright, silver!
Crude oil prices sell-off intensifies after Kremlin drone attack
Energy prices keep dropping and it's got everyone worried about a potential recession ๐ฑ
Brent crude oil price took a huge hit and now sits at $73 while West Texas Intermediate (WTI) fell below $70 for the first time since March That's almost a 50% drop from the highest point in 2022 along with manufacturing PMI data declining
As regional banks continual to fail all of this points to the possibility of a recession in the US economy in the near future ๐ค
3-6 Month HSA Investment Entries
IEP stock price forecast: 4 reasons to avoid Icahn Enterprises shares
Icahn Enterprises (NASDAQ: IEP) stock price has been struggling on Wall Street this week! ๐ญ
Shares closed at their lowest level since April 2020 at $28.52 on Thursday. This has caused the company's market cap to drop to $11.52 billion and Carl Icahn's net worth to fall by over $10 billion this year. ๐ข
The reason for the stock's decline is due to a critical report by Hindenberg Research that alleges the company's assets in energy and real estate are inflated. ๐
Analyst Tom Forte shares his take on Apple Q2 earnings
๐ =๐ฐ Apple Inc just crushed it in Q2 with amazing financial results! Analyst Tom Forte still rates "AAPL" at buy and the stock is up a whopping 35% since the start of 2023.
Shares of Apple Inc (NASDAQ: AAPL) are up 2.0% in extended hours after the tech behemoth reported market-beating results for its second financial quarter.
The iPhone sales were a big contributor, bringing in $51.3 billion worth of sales in Q2 โ up 1.5% versus last year and beating Street estimates by a whopping $2.6 billion! ๐ฑ
Buy Procore shares for a 41% return in 12 months: Goldman Sachs
Procore Technologies Inc (NYSE: PCOR) shares are soaring! ๐๐ A Goldman Sachs analyst has turned bullish on the construction management software company, raising their rating to "buy" and setting a price objective of $75. This suggests a 41% upside on the previous close.
The analyst now expects this construction technology company to grow its revenue by 29% this year. Procore shares have previously been down 20% but with this bullish call, things are definitely looking up! ๐๐
Adidas quarterly sales beat expectations despite Yeezy crisis
๐๐Adidas aced its Q1 numbers, beating expectations despite a 1% sales dip. Investors are hopeful the sportswear giant can turn things around. However, the brand didn't provide any updates on what it plans to do with its unsold Yeezy shoes. The Yeezy crisis impacted Q1 sales, with a โฌ400 million ($441.56 million) loss.
Sales were โฌ5.274 billion, slightly down from Q1 2022. Analysts predicted a bigger 4% drop.โฅ๏ธ
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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Thank you
Frank







