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AAPL

MSFT

NVDA

QQQ

SPY

TSLA

Market Clubhouse's Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, TSLA, and NVDA. The analysis is based on a proprietary formula considering price, volume, and options flow. SPY and QQQ are expected to maintain their positions, while AAPL's shares saw a surge following a Bloomberg report about its accelerated development of generative AI tools. MSFT's shares dipped due to the same report. TSLA shares dropped sharply due to a lackluster future guidance detailed in their earnings call. NVDA retreated alongside other AI stocks following Bloomberg's report about Apple.

Portfolio Pulse from RIPS

July 20, 2023 | 2:09 pm

FSLR

NEP

TSLA

Bernie Sanders warns that this year could be the hottest in history and urges Congress to act on climate change. He highlights the imminent consequences of climate change, including accelerated Arctic ice cap melting, rising sea levels, and heightened flooding. Three green stocks, Tesla Inc., First Solar Inc., and NextEra Energy Partners LP, are actively addressing the issue.

Portfolio Pulse from Jing Pan

July 20, 2023 | 2:08 pm

TFC

Truist Financial Corporation's Q2 revenues rose 5.1% YoY to $5.97 billion, missing the consensus of $5.99 billion. EPS was $0.92, missing the consensus of $1.01. The company faced revenue headwinds from higher funding costs and lower-than-anticipated capital markets activity. The provision for credit losses more than doubled YoY to $538 million. TFC shares are trading lower by 4.6%.

Portfolio Pulse from Nabaparna Bhattacharya

July 20, 2023 | 2:07 pm

HCCI

JNJ

OLO

ZION

Several US stocks recorded gains in Thursday's trading session. Heritage-Crystal Clean (HCCI) surged 9.6% after announcing its acquisition by J.F. Lehman & Company for $1.2 billion. Zions Bancorporation (ZION) gained 9.4% following its Q2 earnings report. Olo Inc. (OLO) jumped 9.4% after Piper Sandler upgraded the stock from Neutral to Overweight. Johnson & Johnson (JNJ) gained 4.8% after posting positive Q2 results and raising its annual outlook.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 2:03 pm

INTC

A significant amount of unusual options activity has been observed for Intel (NASDAQ:INTC), with a bearish stance being taken by a majority of investors. Of the 13 strange trades detected, 46% were bullish and 53% were bearish. The total amount for puts was $92,739 and for calls was $1,450,728. Whales have been targeting a price range from $30.0 to $36.0 for Intel over the last 3 months. Several experts have downgraded their ratings on Intel, with price targets ranging from $27 to $39.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:03 pm

BAC

A significant bearish stance has been taken on Bank of America (BAC) by a large investor, as indicated by a large position in the publicly available options history. The sentiment among these big-money traders is 33% bullish and 66% bearish. The whales have been targeting a price range from $20.0 to $33.0 for BAC over the last 3 months. BMO Capital and Morgan Stanley have maintained their Market Perform and Equal-Weight ratings respectively, while RBC Capital has downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:02 pm

WRLD

World Acceptance (NASDAQ:WRLD) is set to release its latest quarterly earnings report on July 21, 2023. Analysts estimate an earnings per share (EPS) of $0.63. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. The company's shares were trading at $140.6 as of July 19, and have seen a 16.7% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:02 pm

ASML

A significant amount of unusual options activity has been observed for ASML Holding (NASDAQ:ASML), with a majority of investors taking a bullish stance. Of the 14 unusual trades detected, 71% were bullish and 28% were bearish. The total amount for puts was $392,721 and for calls was $602,940. Whales have been targeting a price range from $480.0 to $900.0 for ASML Holding over the last 3 months. The current price of ASML is down -2.99% at $694.39.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:02 pm

IPG

Interpublic Gr of Cos (NYSE:IPG) is set to release its latest quarterly earnings report on July 21, 2023. Analysts estimate an earnings per share (EPS) of $0.60. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $37.66, up 27.41% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:02 pm

RF

Regions Finl (NYSE:RF) is set to release its quarterly earnings report on July 21, 2023. Analysts estimate an EPS of $0.59. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes. The stock is currently trading at $20.02, down 3.34% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:02 pm