Streetbeat News

Assets

HOOD

Robinhood Markets (NYSE:HOOD) has seen a decrease in short interest, with 31.32 million shares sold short, representing 4.61% of its float. This is a 12.36% drop since the last report, indicating a potential shift in market sentiment towards the stock. The current short interest suggests a more bullish outlook compared to its peers, with an average short interest of 4.76% in its peer group.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:15 pm

LNG

Cheniere Energy (NYSE:LNG) has delivered an average annual return of 20.83% over the past 5 years, outperforming the market by 8.7%. A $100 investment in LNG 5 years ago would now be worth $253.23. The company's current market capitalization stands at $38.48 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:00 pm

CBOE

Cboe Global Markets (BATS:CBOE) has delivered an average annual return of 13.48% over the past 10 years, outperforming the market by 3.12% annually. With a current market cap of $20.14 billion, an initial $100 investment in CBOE would have grown to $351.41 today.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:00 pm

TWLO

Deep-pocketed investors have shown a bearish sentiment towards Twilio (NYSE:TWLO), with unusual options activity detected. Analysis of public options records by Benzinga revealed a significant bearish inclination, with 60% of the activity being bearish. The options activity suggests a target price range for TWLO between $50.0 and $85.0. Currently, TWLO's stock is down by -1.71%, trading at $55.71, with potential oversold conditions indicated by RSI readings. Analyst ratings for TWLO vary, with a consensus target price of $73.2, but opinions range from Neutral to Underperform.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:46 pm

RIG

High-rolling investors have shown a significant bearish sentiment on Transocean (NYSE:RIG) through options trading, as reported by Benzinga. A notable volume of options trades was observed, with a predominance of bearish sentiment (76%) over bullish (23%). The trades target a price range of $5.0 to $6.0 for RIG over the next 3 months. The current market status of Transocean shows a slight increase in stock price to $4.69, with indicators suggesting it may be approaching oversold territory. The next earnings report is expected in 68 days.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:31 pm

MU

Deep-pocketed investors have shown a bullish sentiment towards Micron Technology (NASDAQ:MU), with a significant surge in options activity reported by Benzinga. The activity includes 28 notable options transactions, with a majority being calls. The sentiment among these investors is mostly bullish, with a price target range from $70.0 to $90.0. Micron Technology, a leading semiconductor company, has seen its stock price slightly increase by 0.11% to $80.8, with an upcoming earnings release in 28 days.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:30 pm

SMCI

Deep-pocketed investors show a bearish sentiment towards Super Micro Computer (NASDAQ:SMCI), with unusual options activity detected. The activity includes 81 options trades, with a bearish majority. Price targets range between $310 and $1560. SMCI's current market standing shows a 4.77% decrease in price to $750, with neutral RSI indicators. Analyst opinions vary, with an average target price of $838.2. The company specializes in high-performance server technology, with significant revenue from the US.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:30 pm

AMD

Over the past 15 years, Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market, with an annualized return of 33.7%, turning a $100 investment into $7,339.31. The company now boasts a market capitalization of $262.94 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:30 pm

DXCM

Over the past 15 years, DexCom (NASDAQ:DXCM) has significantly outperformed the market, with an average annual return of 37.89%, turning a $100 investment into $12,063.05 today. DexCom's market capitalization currently stands at $45.24 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 3:30 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 21st, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It offers detailed analysis for each asset, suggesting potential breakouts or reversals. The memo also highlights the significance of upcoming US Treasury auctions and FOMC minutes, advising traders to stay alert for market volatility.

Portfolio Pulse from RIPS

February 21, 2024 | 3:23 pm