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Assets

UGA

USO

Oil prices rose due to concerns over supply disruptions following Iran's ballistic missile test and OPEC's raised economic forecasts. Nymex WTI and Brent crude saw increases, as did the United States Oil Fund (USO) and United States Gasoline Fund (UGA) ETFs. Iran's missile test in the Gulf of Oman raised concerns over potential impacts on oil shipping. Meanwhile, high demand and tighter supply have pushed U.S. gasoline prices up, with wholesale gasoline prices reaching their highest level since late September.

Portfolio Pulse from Neil Dennis

February 13, 2024 | 8:49 pm

BLK

A significant bearish sentiment has been observed in BlackRock (NYSE:BLK) through unusual options trading activity, with a split sentiment of 27% bullish and 72% bearish among big-money traders. The trading volume and open interest suggest a price band focus between $380.0 and $830.0 for BLK. The company, being the largest asset manager with $9.101 trillion in AUM, shows a diverse product mix and a strong institutional client base. Currently, BLK's stock price is down by -1.88%, trading at $786.66, with an RSI indicating a neutral position. An analyst from TD Cowen has upgraded BLK to Outperform with a price target of $938.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 8:30 pm

ELV

Elevance Health (NYSE:ELV) has delivered an average annual return of 13.35% over the past 20 years, outperforming the market by 5.81%. A $100 investment in ELV 20 years ago would be worth $1,219.54 today. Elevance Health currently has a market capitalization of $118.23 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 8:30 pm

BC

Brunswick (NYSE:BC) has delivered an impressive average annual return of 24.44% over the past 15 years, outperforming the market by 11.49%. A $1000 investment in BC 15 years ago would be worth $24,278.74 today. The company currently has a market capitalization of $6.05 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 8:30 pm

GS

NUKK

Goldman Sachs has reported a 7.2% passive stake in Nukkleus, indicating a significant investment by one of the leading global investment banks.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:14 pm

CB

Over the past 20 years, Chubb (NYSE:CB) has produced an average annual return of 10.17%, outperforming the market by 2.62% on an annualized basis. A $100 investment in Chubb 20 years ago would be worth $694.68 today. Chubb's market capitalization currently stands at $100.16 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 8:00 pm

HES

Over the past 5 years, Hess Corporation (NYSE:HES) has outperformed the market with an annualized return of 19.82%, turning a $100 investment into $247.06 today. Hess's market capitalization currently stands at $44.08 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 8:00 pm

ARKK

HOOD

TARK

Robinhood Markets, Inc (NASDAQ:HOOD) is experiencing slight trading fluctuations as it approaches its Q4 earnings release. After mixed Q3 results, the stock showed a bullish trend. Analysts predict a Q4 loss of 1 cent per share with revenues of $456.81 million. Mizuho analyst Dan Dolev maintains a Buy rating, raising the price target from $14 to $15. ARK Investment Management, led by Cathie Wood, has been buying Robinhood shares, indicating a positive outlook. The AXS 2X Innovation ETF (NASDAQ:TARK) offers a way to invest in Robinhood through a leveraged ETF that aims to return 200% of ARKK's daily performance, which includes Robinhood in its portfolio.

Portfolio Pulse from Melanie Schaffer

February 13, 2024 | 7:45 pm

PEN

Penumbra's (NYSE:PEN) short interest has increased to 8.01% of its float, indicating a rise in bearish sentiment among traders. With 2.17 million shares sold short and an 8.94-day average to cover, this reflects a more bearish outlook compared to its peers, where the average short interest is 3.62%. However, high short interest can sometimes be bullish, suggesting potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 7:45 pm

DHI

D.R. Horton's (NYSE:DHI) short interest has decreased by 16.33% since the last report, with 4.31 million shares sold short, representing 1.64% of its float. The current short interest is below the peer group average of 5.00%. This decline in short interest could indicate a more bullish sentiment towards DHI among investors.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 7:45 pm