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USO

The article discusses the rising oil prices due to reduced supply by Saudi Arabia, Russia, and other OPEC+ members, and increased demand from China and the US. This is making the fight against inflation difficult for the Fed and the Bank of England. The article also mentions the potential impact of rising oil prices on Japan's monetary policy, the preorders for iPhone 15, the IPOs of Arm Holdings, Instacart, and Klaviyo, and Saudi Arabia's bid for the next Tesla factory. Early trade money flows are positive in Apple and Alphabet, negative in Amazon, NVIDIA, Microsoft, Meta Platforms, and Tesla, and mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

September 18, 2023 | 6:38 pm

GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 4.95% on an annualized basis, producing an average annual return of 12.68%. If an investor had bought $100 of GILD stock 20 years ago, it would be worth $1,079.67 today.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 6:30 pm

BLK

Over the past 20 years, BlackRock (NYSE:BLK) has outperformed the market by 6.35% on an annualized basis, producing an average annual return of 14.08%. If an investor had bought $100 of BLK stock 20 years ago, it would be worth $1,371.83 today.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 6:30 pm

AAPL

NVDA

WBA

The article discusses the potential benefits of alternative investments (alts) such as private equity, real estate, commodities, art, and fine wine. It suggests that including a mix of 30% alts in a portfolio could result in better risk/return outcomes compared to traditional stock and bond allocations. However, it also warns of the risks associated with alts, including less regulation, less liquidity, less transparency, higher fees and commissions, and limited price discovery.

Portfolio Pulse from Daniel Anderson

September 18, 2023 | 6:10 pm

SPY

UNG

USO

The U.S. Energy Information Administration (EIA) has projected a decrease in total shale oil production for October by about 41,000 barrels per day, bringing it to 9.391 million barrels per day. This is a larger decrease compared to the 27,000 barrels per day fall in September.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 6:08 pm

A significant amount of unusual options activity has been detected for Block (NYSE:SQ), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $47.5 and $85.0. Analysts from JP Morgan, RBC Capital, Baird, Berenberg, and UBS have given various ratings and price targets for Block. The stock's current price is down by 2.06% at $51.74.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 6:01 pm

A significant bearish stance has been taken on Blackstone (NYSE:BX) by a whale investor. Out of 20 unusual trades, 75% were bearish and 25% bullish. The total amount for puts was $1,226,776 and for calls, $584,087. Whales have been targeting a price range from $45.0 to $120.0 for Blackstone over the last 3 months. Morgan Stanley downgraded its action to Overweight with a price target of $125.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 6:01 pm

PLTR

A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 44% bullish and 55% bearish. Whales have been targeting a price range from $10.0 to $18.0 for Palantir Technologies over the last 3 months. Morgan Stanley, Wedbush, and HSBC have downgraded their actions on PLTR with price targets of $9, $25, and $16 respectively.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 6:01 pm

ETHUSD

On Sunday, 1,943.61 Ether (ETH) worth $3,189,165 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was 0.63%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 6:00 pm

LRCX

Unusual options activity has been observed for Lam Research (NASDAQ:LRCX), with a large position indicating a bullish stance. The overall sentiment of these big-money traders is split between 53% bullish and 46% bearish. The whales have been targeting a price range from $570.0 to $700.0 for Lam Research over the last 3 months. Wolfe Research has downgraded its action to Outperform with a price target of $825, while Stifel maintains their Buy rating with a price target of $750.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 5:46 pm