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AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for April 16th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It outlines specific price levels for each asset, suggesting potential breakouts or reversals. The memo also notes that today's key data releases and the ongoing conflict in the Middle East are expected to have minimal market impact, advising traders to stay vigilant.

Portfolio Pulse from RIPS

April 16, 2024 | 2:23 pm

GBTC

IBIT

Spot Bitcoin ETFs experienced a net outflow of $36.67 million, with Grayscale Bitcoin Trust (GBTC) seeing $110 million withdrawn and BlackRock's iShares Bitcoin Trust (IBIT) gaining a net inflow of $73.40 million. This reflects mixed investor sentiment in the crypto market, amidst fluctuating Bitcoin prices and bearish Ethereum options markets. The market's uncertainty is leading to the adoption of sophisticated trading strategies like Sharkfins.

Portfolio Pulse from Murtuza Merchant

April 16, 2024 | 2:16 pm

MSOS

MSOX

YOLO

At Benzinga's Cannabis Capital Conference, Equity Research Consumer & Cannabis Managing Director, Aaron Grey, discussed the cannabis industry, describing it as a blend of high growth and consumer packaged goods (CPG).

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:12 pm

MSOS

MSOX

YOLO

At the Benzinga's Cannabis Capital Conference, Pablo Zuanic, Managing Partner at Zunaic & Associates, expressed optimism about the cannabis industry, highlighting its 'explosive growth' and momentum.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:09 pm

CRWD

National Australia Bank (NAB) has partnered with CrowdStrike (NASDAQ:CRWD) to offer one year of complimentary access to CrowdStrike Falcon Go, an AI-powered cybersecurity solution, to its small and medium-sized business customers. This initiative aims to protect these businesses from cyber threats, noting that 60% of SMBs that experience a data breach go out of business within six months. The partnership highlights the importance of cybersecurity for SMBs and the role of financial institutions in enhancing their security.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:04 pm

Boeing has announced its largest purchase of blended sustainable aviation fuel, acquiring 9.4 million gallons for its 2024 U.S. commercial operations. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:02 pm

HALO

Analyst ratings for Halozyme Therapeutics (NASDAQ:HALO) show a mix of bullish to bearish sentiments, with a recent average price target of $53.78, up from $51.33. The company's financial performance indicates strong profitability and revenue growth, despite a high debt-to-equity ratio and below-average ROA. Halozyme focuses on developing novel oncology therapies.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 2:01 pm

ABBV

The FDA has issued a warning about counterfeit versions of Botox found in multiple states, which have been administered to consumers. These counterfeits have led to adverse events, including hospitalizations. However, there is no indication that these events are linked to AbbVie's FDA-approved Botox.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:54 pm

CBSTF

MSOS

At the Benzinga's Cannabis Capital Conference, The Cannabist Co President, Jesse Channon, expressed confidence in the company's preparedness for success in Ohio, highlighting their understanding of the necessary requirements.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:52 pm

MSOS

At the Benzinga Cannabis Capital Conference, The Cannabist Co President Jesse Channon emphasized the company's strategy to concentrate on markets with rapidly developing supply chains.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:42 pm