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The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, TSLA, META, GOOGL, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for each asset, suggesting possible targets for bullish and bearish scenarios. The session is expected to have lower volume due to a lack of inflation data and Fedspeak, making trading more challenging. The memo is part of the Market Clubhouse membership, which offers daily market analysis and live trading streams.

Portfolio Pulse from RIPS

December 04, 2023 | 3:18 pm

HAS

Starbreeze Entertainment has obtained a license from Wizards of the Coast, a division of Hasbro, Inc., to develop and publish a game based on the Dungeons & Dragons IP. The game, codenamed Project Baxter, is set for release in 2026 and will feature co-operative multiplayer, a Games as a Service model, community engagement, and cross-play on all major platforms. It will be produced using Unreal Engine 5. The partnership aligns with both companies' focus on cooperative and community-driven experiences.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 3:13 pm

AAPL

AMZN

BTCUSD

GOOG

INDA

META

MSFT

NVDA

QQQ

SPOT

SPY

TSLA

Bitcoin (BTC) surpassed $40,000 over the weekend due to whale activity and subsequent retail investor buying, potentially moving towards the first resistance zone. The Arora Report suggests understanding whale behavior, the lack of large-scale benefits of Bitcoin, and the impact of a potential spot Bitcoin ETF on liquidity to make money in Bitcoin. In India, the BJP's recent election victories are expected to attract foreign investment, presenting opportunities better than the iShares MSCI India ETF (INDA). Spotify (SPOT) announced a 17% workforce reduction, its third round of layoffs. Early trades show negative money flows in major tech stocks (AAPL, AMZN, GOOG, META, MSFT, NVDA, TSLA) and ETFs (SPY, QQQ), with the momo crowd buying and smart money locking in stocks and gold.

Portfolio Pulse from The Arora Report

December 04, 2023 | 2:59 pm

HIMS

Hims & Hers Health, Inc. (NYSE:HIMS) has launched 'Weight Loss by Hims & Hers', a personalized and affordable weight management program. The program includes medication management, digital tracking tools, and educational content. Obesity medicine expert Dr. Craig Primack has joined as SVP of Weight Management. The program addresses nutrition, behavior, movement, and medical treatment, and offers a holistic approach to weight loss. It is the company's second major category expansion following the launch of Heart Health by Hims.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:16 pm

IVV

SPXL

SPY

UPRO

VOO

The S&P 500 experienced its second-best November since 1980, rallying 8.9%. ETFs tracking the index, such as SPY, IVV, and VOO, mirrored these gains. Factors contributing to the rally included declining bond yields, solid earnings, expectations of Fed policy easing, and seasonal trends. Leveraged ETFs like SPXL and UPRO saw even greater returns, around 25%. Market optimism is high, with expectations of continued gains over the next six months, supported by technical analysis showing the SPY ETF moving above its 200-day SMA.

Portfolio Pulse from Surbhi Jain

December 04, 2023 | 1:57 pm

LVO

PODC

PodcastOne, a subsidiary of LiveOne and listed as PODC on NASDAQ, has acquired exclusive multiyear sales and distribution rights to the true crime podcast 'Rabia & Ellyn Solve the Case' hosted by Rabia Chaudry and Ellyn Marsh. This acquisition adds to PodcastOne's extensive portfolio of podcasts across various genres. The show has nearly one million downloads and 45 episodes since its debut. LiveOne, which owns 80% of PODC common stock, is also listed on NASDAQ as LVO.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:46 pm

VERB

Verb Technology Company, Inc. (NASDAQ:VERB) has added five new retail brands to its MARKET.live platform, enhancing its multi-vendor livestream social shopping experience. The integration with ecommerce solutions is expected to attract more retailers seeking new distribution and affiliate channels. The new brands, Tuxton, Blakhom, Poppy+Sage, Rad, and VistaShops, offer a diverse range of products, from dinnerware to fashion, and emphasize quality, innovation, and sustainability. This expansion demonstrates MARKET.live's commitment to providing a dynamic selection for its users and maintaining its position in the livestream shopping market.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:34 pm

SRM

SRM Entertainment has announced its sponsorship of the Global Licensing Industry Holiday Party. No specific financial details or expected impact on SRM's business operations or revenue were disclosed in the article.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:32 pm

OHI

Omega Healthcare Investors, Inc. (OHI) has updated the Operator Updates slide in its investor presentation for the Jefferies Real Estate Conference. The revised slide is available on page 10 of the presentation on the company's website.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:20 pm

COGT

Cogent Biosciences, Inc. (NASDAQ:COGT) announced an investor webcast on December 11, 2023, to review clinical data from SUMMIT Part 1a for Nonadvanced Systemic Mastocytosis and APEX Part 1 for Advanced Systemic Mastocytosis. The data will be presented at the ASH Annual Meeting, with the SUMMIT data in an oral presentation on December 9 and the APEX data in a poster session on December 11. The webcast will feature presentations by experts in the field and will be accessible on Cogent's website.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:13 pm