Streetbeat News

Assets

GLD

MSTR

NVDA

SMH

NVIDIA Corp (NVDA) has traced a bearish outside day pattern, leading to a significant loss in value. The Arora Report had previously signaled to hedge NVDA positions, which has proven effective. NVDA's performance is crucial due to its central role in the AI revolution and its impact on the S&P 500 and semiconductor sector. The article also notes central banks buying gold, with positive early trade money flows in AAPL, GOOG, and TSLA, but negative in AMZN, META, MSFT, NVDA, SPY, and QQQ. MicroStrategy Inc (MSTR) is buying more Bitcoin, which has surpassed $72,000.

Portfolio Pulse from The Arora Report

March 11, 2024 | 3:51 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, providing specific price levels and targets based on their proprietary formula. The analysis includes potential bullish and bearish scenarios for each asset, emphasizing the importance of monitoring these stocks for breakouts or reversals. The memo also notes the calm market in terms of data releases, with attention on the Treasury's 3-Year Note Auction and upcoming CPI numbers.

Portfolio Pulse from RIPS

March 11, 2024 | 3:36 pm

DELL

Dell Technologies (NYSE:DELL) has significantly outperformed the market with an annualized return of 30.65% over the past 5 years, turning a $100 investment into $401.03 today. The company's market capitalization stands at $81.23 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:30 pm

CYBR

Rize UCITS ICAV - Rize Cybersecurity Data Privacy ETF (NASDAQ:CYBR) has delivered an average annual return of 18.51% over the past 5 years, outperforming the market by 5.88%. A $100 investment in CYBR 5 years ago would now be worth $229.58. The ETF currently has a market capitalization of $10.87 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:30 pm

GDX

GLD

GOLD

IAU

NEM

Gold prices continue to rise, with speculators driving the price up at a rate not seen since 2019. Gold futures dipped slightly by 0.1% on Monday, but overall, gold added 4.3% over the last week. ETFs like SPDR Gold Shares ETF (GLD) and iShares Gold Trust ETF (IAU) saw similar gains. Analysts attribute the rise to a Goldilocks scenario and expect further increases due to geopolitical uncertainty and potential Federal Reserve policy changes. The VanEck Gold Miners ETF (GDX) and stocks like Newmont Goldcorp (NEM) and Barrick Gold Corp (GOLD) are also seeing positive movements.

Portfolio Pulse from Neil Dennis

March 11, 2024 | 3:29 pm

LRCX

Lam Research (NASDAQ:LRCX) has seen a notable increase in options activity, with a bearish sentiment prevailing among financial giants. Analysis revealed 22 unusual trades, with 36% bullish and 63% bearish. The focus is on a price band between $300.0 and $1360.0. Current trading volume is 299,184, with a price decrease of -1.23% to $944.88. Analyst ratings in the last 30 days average a target of $957.5, with mixed reviews from Cantor Fitzgerald and UBS. The options market for LRCX indicates a cautious but potentially profitable approach for educated traders.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:15 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen a 4.04% increase in price over the last 24 hours, reaching $72,040.00, continuing a positive trend with an 8.0% gain over the past week. The trading volume for WBTC has increased by 37.0%, and its circulating supply has risen by 0.19% to over 155 thousand, which is the estimated max supply. Currently, WBTC's market cap ranks it at #16 with $11.23 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:03 pm

NEARUSD

NEAR Protocol (CRYPTO: NEAR) has seen a significant increase of 18.14% in its price over the last 24 hours, reaching $7.02. This surge is part of a larger trend, with a 57.0% gain over the past week from $4.46. Despite this growth, it remains below its all-time high of $20.44. The trading volume for NEAR has increased by 109.0% in the same period, while its circulating supply has slightly decreased by 0.59%, now standing at 1.04 billion. NEAR's market cap ranks it 21st at $7.26 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:02 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price increased by 6.15% in the last 24 hours, reaching $10.81, continuing a positive trend with a 6.0% gain over the past week from $10.18. Despite a 38.0% drop in trading volume, the circulating supply rose by 0.35% to 1.34 billion, with a current market cap ranking of #13 at $14.45 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:02 pm

LINKUSD

Chainlink (CRYPTO: LINK) experienced a 7.64% price increase over the past 24 hours, reaching $21.18, continuing a positive trend with a 2.0% gain over the past week from $20.65. The coin's all-time high is $52.70. Trading volume surged by 144% over the week, with the circulating supply increasing by 0.88% to 587.10 million, approximately 58.71% of its max supply. Chainlink's market cap ranking is now #14 at $12.41 billion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:01 pm