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Assets

SPY

UNG

USO

The Energy Information Administration (EIA) has reported that the supply of U.S. petroleum products has increased to its highest level since December 2022.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 2:50 pm

CMPS

Psychedelics biotech company COMPASS Pathways (NASDAQ:CMPS) has secured a securities purchase agreement for an initial $125 million and potential additional of $160 million, backed by a group of healthcare specialist investors led by TCGX and Aisling Capital. The agreement includes the private placement of over 16 million American Depositary Shares (ADS) and warrants to purchase up to the same amount of ADSs. The financing is expected to close on August 18, extending the company's cash runway into late 2025.

Portfolio Pulse from Lara Goldstein

August 16, 2023 | 2:47 pm

SPY

USO

The Energy Information Administration (EIA) has reported that the U.S. refiner net input of crude oil last week reached its highest level since January 2020.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 2:45 pm

APEUSD

BTCUSD

CFXUSD

COMPUSD

ETHUSD

LUNCUSD

Bitcoin and Ethereum recorded losses, with Bitcoin trading below the $29,100 level and Ethereum above the $1,800 mark. The global crypto market cap fell to $1.15 trillion, a 24-hour decline of 1.6%. Sei was the top gainer over the prior 24 hours, while Terra Classic was the biggest loser. Other notable losers include ApeCoin, Compound, GMX, and Conflux.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 2:35 pm

SPY

UNG

USO

USA gasoline inventories have seen a draw of 0.261M, which is less than the estimated draw of 1.260M and the prior draw of 2.661M.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 2:32 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a build of 0.296M in weekly distillates stocks, contrasting with an estimated draw of 0.473M and a prior draw of 1.706M.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 2:31 pm

ACN

Accenture (NYSE:ACN) has outperformed the market over the past 10 years by 5.27% on an annualized basis, producing an average annual return of 15.63%. If an investor had bought $100 of ACN stock 10 years ago, it would be worth $430.08 today.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 2:30 pm

TDG

TransDigm Gr (NYSE:TDG) has outperformed the market over the past 15 years, producing an average annual return of 23.85%. If an investor had bought $1000 of TDG stock 15 years ago, it would be worth $24,530.18 today.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 2:30 pm

SPY

USA crude oil inventories have seen a draw of 5.960M, which is significantly higher than the estimated draw of 2.320M and a reversal from the prior build of 5.851M.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 2:30 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

The Market Clubhouse Morning Memo discusses the trade strategy for SPY, QQQ, AAPL, MSFT, GOOGL, META, and NVDA. The memo provides price levels for these assets based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests traders to monitor these stocks closely and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

August 16, 2023 | 2:28 pm