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BTCUSD

Ali Charts, a popular cryptocurrency trader and analyst, highlighted Bitcoin's key support and resistance levels. Bitcoin is trading just short of the $70,000 mark, with a stable base at $68,300. A break below this level could see a downswing to the next support range between $65,250 and $63,150. Securing $70,320 as support is crucial for Bitcoin's next upward move. This analysis is significant as Bitcoin struggles to surpass its previous all-time high and aims for a bullish trajectory.

Portfolio Pulse from Ivan Crnogatić

April 01, 2024 | 4:00 pm

AIG

ALL

KBWP

PGR

A report by Insurify predicts a 6% increase in home insurance rates in 2024, following a 19.8% rise over the past two years, with the average annual premium reaching $2,522. Factors such as climate disasters and inflation are driving costs up, particularly in states like Florida and Louisiana. The Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) and stocks of major insurance companies like Progressive Corp (NYSE:PGR), Allstate Corp (NYSE:ALL), and American International Group, Inc. (NYSE:AIG) have seen significant gains, with KBWP hitting record highs.

Portfolio Pulse from Piero Cingari

April 01, 2024 | 3:57 pm

CDE

Coeur Mining shares are trading higher due to strength in precious metals stocks, driven by an increase in gold prices on hopes of a rate cut.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 3:47 pm

WEX

WEX Inc. (NYSE:WEX) has seen a 31.97% increase in its short percent of float since the last report, with 801 thousand shares sold short, representing 1.94% of available shares. This indicates a bearish market sentiment, although it's below the peer group average of 5.23% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:45 pm

NSIT

Insight Enterprises (NASDAQ:NSIT) has significantly outperformed the market with an average annual return of 30.03% over the past 15 years, turning a $100 investment into $4,932.71 today. The company currently has a market capitalization of $6.05 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:30 pm

FIX

Over the past 10 years, Comfort Systems USA (NYSE:FIX) has significantly outperformed the market, with an annualized return of 24.87% and an average annual return of 35.79%. A $1000 investment in FIX a decade ago would now be worth $21,377.15. The company currently boasts a market capitalization of $11.42 billion.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:30 pm

CRWD

CrowdStrike Holdings (NYSE:CRWD) has seen a 3.86% increase in its short percent of float since the last report, with 5.99 million shares sold short, representing 2.69% of available shares. The current short interest suggests a bearish market sentiment towards CRWD, although it has less short interest compared to its peer group average of 4.29%. The article highlights the importance of tracking short interest as an indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:30 pm

CMC

Commercial Metals (NYSE:CMC) has seen a 12.28% increase in short interest since its last report, with 3.32 million shares sold short, representing 3.84% of its float. The current short interest suggests a bearish market sentiment, although it's lower than the peer group average of 5.91%. The article highlights the importance of tracking short interest as an indicator of market sentiment and suggests that an increase in short interest does not necessarily predict a stock price decline.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:30 pm

EIGR

Eiger BioPharmaceuticals, Inc. (NASDAQ:EIGR) has filed for Chapter 11 bankruptcy protection and announced a 'stalking horse' agreement to sell Zokinvy to Sentynl Therapeutics for up to $26M. The sale is subject to court approval and other potential bids. Eiger aims to sell most of its assets and wind down operations smoothly, ensuring uninterrupted access to Zokinvy for patients.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 3:16 pm

GNS

Genius Gr (NYSE:GNS) has seen a significant decrease in short interest, with a 45.52% drop since the last report, now standing at 3.24 million shares or 3.77% of the float. This reduction in short interest, which now takes traders approximately 1 day to cover, could indicate a shift in market sentiment towards a more bullish outlook for GNS. Compared to its peers, GNS has a higher short interest percentage of float, with the average for its peer group being 1.53%.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 3:15 pm