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CCJ

DBO

UNG

URA

URNM

USO

Rick Rule, a seasoned investor in natural resources, emphasizes the importance of contrarian investing in the volatile mining sector. He highlights the cyclical nature of these industries and the necessity to invest in commodities priced below production costs. Rule notes the recent boom and subsequent decline in Uranium prices, suggesting the easy money has been made. He recommends Cameco Corp (CCJ) for investors interested in Uranium. Rule also believes oil and gas remain lucrative despite market skepticism, citing the minimal impact of alternative energies on hydrocarbon market share.

Portfolio Pulse from Natan Ponieman

March 24, 2024 | 6:00 pm

COPX

CPER

URA

Patricia Mohr, a commodities expert, predicts a surge in prices for copper, uranium, and lithium due to the green energy transition. Copper and uranium are seen as critical for decarbonization and clean energy, respectively, with copper facing operational challenges and uranium prices already on the rise. Lithium prices have fallen but are expected to recover as electric vehicle demand increases. The United States Copper Index Fund (CPER), Global X Copper Miners ETF (COPX), and Global X Uranium ETF (URA) are highlighted as related investment assets.

Portfolio Pulse from Neil Dennis

March 24, 2024 | 5:02 pm

DOGEUSD

Dogecoin (DOGE) experienced a significant surge, increasing by 35% over 72 hours, reaching a weekly high of $0.17, following Elon Musk's X Payments LLC's expansion. X Payments, part of Musk's broader vision for an 'everything app', secured money transmitter licenses in New Mexico, Oregon, and Illinois, bringing the total to 22 states. This expansion and Musk's influence have fueled speculation that Dogecoin could become the preferred currency for X's payment ecosystem, contributing to its price increase.

Portfolio Pulse from Bibhu Pattnaik

March 24, 2024 | 4:50 pm

MSTR

MicroStrategy Inc. CEO Michael Saylor, a known Bitcoin advocate, has recently commented on Bitcoin's volatility, referring to it as 'vitality' and a natural part of market dynamics. Despite a nearly 13% decline from its peak price last week, Saylor remains bullish, highlighting Bitcoin's 120% growth over the year and comparing its performance favorably against the S&P 500, Nasdaq, gold, silver, and bonds. MicroStrategy has further increased its Bitcoin holdings, now owning over 1% of the total supply, with recent purchases at an average price of $67,382 per Bitcoin. This strategy emphasizes the company's long-term confidence in Bitcoin as an inflation hedge and cash alternative.

Portfolio Pulse from Bibhu Pattnaik

March 24, 2024 | 2:29 pm

MCD

McDonald's has closed its stores in Sri Lanka following the termination of its partnership with a local partner, as reported by Reuters. The closure was confirmed by a lawyer representing the U.S. company.

Portfolio Pulse from Charles Gross

March 24, 2024 | 1:49 pm

DWAC

Former President Donald Trump is considering selling his stock in Digital World Acquisition Corp. (NASDAQ:DWAC) to pay over $450 million in legal bills. DWAC's stock plummeted nearly 14% after news of a merger to take Truth Social's parent company, Trump Media & Technology Group (TMTG), public. Trump, holding a 58% stake in TMTG, faces restrictions on selling his shares for six months, though this may change with the new board, including his son. TMTG's co-founders are suing Trump, adding to the company's challenges as it prepares to trade under the ticker DJT.

Portfolio Pulse from Bibhu Pattnaik

March 24, 2024 | 1:46 pm

TSLA

This week in politics and business saw significant events including Stephanie Grisham's prediction on Trump's reaction to potential property seizures by Letitia James, Mark Cuban's support for Joe Biden, Elon Musk's critique of Jimmy Kimmel, Musk's disapproval of a fine against Trump, and Jared Kushner's $500M Serbian real estate venture. Notably, Elon Musk took a stand against Jimmy Kimmel's humor and voiced his disapproval of a fine imposed on Donald Trump.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 7:48 am

AAPL

GOOG

GOOGL

MSFT

NVDA

This week in AI saw Nvidia unveiling a new superchip, Elon Musk criticizing the Microsoft-OpenAI alliance, Apple making strides in AI research, and speculation about a potential Nvidia stock split. Additionally, a potential collaboration between Apple and Google on the Gemini AI model was discussed.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 6:58 am

BTCUSD

SHIBUSD

This week in cryptocurrency saw meme coins like Book Of Meme outperform Shiba Inu, major cryptocurrencies including Bitcoin experience significant price drops, and notable figures like Robert Kiyosaki advising investment in Bitcoin and gold over stocks and bonds due to China's economic instability. Binance's announcement to list Book Of Meme boosted its performance, while over $650 million in cryptocurrencies were liquidated following a sharp market sell-off. Predictions from 10x Research about a Bitcoin dip came true, and Peter Schiff criticized CNBC for biased reporting on Bitcoin's performance.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 6:53 am

ASHR

BABA

FXI

TCEHY

Treasury Secretary Janet Yellen is scheduled for a second visit to China to engage on key economic issues amid ongoing tensions. The visit aims to address trade relations, currency policies, and intellectual property rights. Meetings with Chinese President Xi Jinping and Vice Premier Liu He are expected. This diplomatic effort highlights the importance of U.S.-China relations, with potential impacts on China-related stocks and ETFs like Alibaba (BABA), Tencent (TCEHY), iShares China Large-Cap ETF (FXI), and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR).

Portfolio Pulse from Bibhu Pattnaik

March 23, 2024 | 9:07 pm