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AVAXUSD

Cryptocurrency Avalanche (AVAX) has seen a decrease of 3.27% in its price over the past 24 hours, continuing a downward trend of -2.0% over the past week. The trading volume for the coin has decreased by 20.0% over the past week, while the overall circulating supply of the coin has decreased by 0.56% to over 354.57 million. The current market cap ranking for AVAX is #23 at $3.33 billion.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 3:00 pm

EIS

SPY

USO

Israeli Army Radio, as cited by Reuters, has reported a warning of hostile aircraft in Northern Israel. The US-listed ETFs EIS, SPY, and USO may be affected by this news.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:58 pm

AAPL

AMZN

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, AMZN, TSLA, and NVDA. The memo provides price levels for these stocks 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. The market's reaction to the September PPI data and positioning ahead of the CPI data release are also highlighted.

Portfolio Pulse from RIPS

October 11, 2023 | 2:57 pm

TPST

Shares of Tempest Therapeutics were halted on a circuit breaker to the upside, with the stock now up 967.1%.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:55 pm

TPST

Trading of Tempest Therapeutics shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:54 pm

QQQ

SPY

TLT

XLE

The Producer Price Index (PPI) has surged upwards, indicating a resurgence in price pressures and fuelling the battle against inflation. Despite this, investors do not seem overly concerned. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) rallied by 1.4%, while the U.S. Dollar Index (DXY) declined by 0.4%. Stocks continued their upward momentum, with the S&P 500 Index, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 0.2%, and the Invesco QQQ Trust (NASDAQ:QQQ) rising by 0.4%. The Energy Select Sector SPDR Fund (NYSE:XLE) was the weakest performer among all S&P 500 sectors, down by 1.6%.

Portfolio Pulse from Piero Cingari

October 11, 2023 | 2:53 pm

TPST

Shares of Tempest Therapeutics were halted on a circuit breaker to the upside, with the stock now up 896.3%.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:51 pm

CZR

DKNG

FOX

FOXA

Jim McIngvale, known as Mattress Mack, has placed several bets on the Houston Astros to win the 2023 World Series, totaling $6.9 million. If the Astros win, McIngvale stands to win $43.4 million. Several of the bets were placed with Caesars Entertainment (NASDAQ:CZR), which could see its profits hurt with a potential payout of $31.4 million. At least one bet was also placed with DraftKings Inc (NASDAQ:DKNG) with a potential $12 million payout. The Astros' games are aired on FS1, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA).

Portfolio Pulse from Chris Katje

October 11, 2023 | 2:49 pm

COHR

B. Riley has upgraded Coherent's stock from Neutral to Buy and raised its price target from $37 to $51. This has resulted in Coherent shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 2:49 pm

AAPL

SPY

XOM

The stock market moved up due to market mechanics, with bulls confident that this will continue to drive the market higher. The Producer Price Index came in hotter than expected, but bulls are still hopeful that market mechanics will override this data. Exxon Mobil Corp is buying Pioneer Natural Resources Co for $58B, generating positive sentiment. Money flows are positive in Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla, but mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

October 11, 2023 | 2:46 pm