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Stocks In Focus: MESO BALY MRAI CATX ORCL

Stocks In Focus: MESO BALY MRAI CATX ORCL
Written by
Alex Carlson
Published on
March 12, 2024
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InsidrFinancial

In this article and video, Insider Financial recaps today's stock market action and discusses our trading plan for CPI day.

This video covers SPY, QQQ, DIA, IWM, TLT, BTC, MSTR, NVDA, ORCL, BALY, MESO, MRAI, CATX.

Video Summary

In terms of the overall markets, it was pretty much a choppy day on Wall Street ahead of tomorrow’s CPI data. The markets are still in a state of shock over Friday’s big sell off in Nvidia. Nvidia closed down another 2% today.

CPI inflation data will be released on Tuesday at 830 am. Over the last two years CPI has been the biggest market moving economic release.

The day CPI is released the S&P has moved up or down 1% on average. CPI can put a top or bottom in the stock market. Obviously another hot CPI reading (January was hot) would likely put a scare into the Fed and/or stock market.

Bitcoinsurged past $72,000 for the first time, marking a significant milestone in its recent rally.

Currently, Bitcoin is trading at $72,018, driving its market capitalization to a staggering $1.42 trillion.

The cryptocurrency's price has been steadily climbing, driven by growing institutional interest and broader acceptance.

Oracle beat earnings and plans to announce partnership with Nvidia next week.

$15 takeover offer for Bally's from Standard General.

MRAI Marpai CEO $1.5 million insider buy at $1.65

CATX Perspective Therapeutics $57 million insider buy at 95 cents.

Bottom Line

As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.

It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.

Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.

Good luck to all (except the shorts and Cramer)!

WHEN INSIDER FINANCIAL HAS A NEW COMPANY TO RESEARCH, IT IS IMPORTANT TO PAY ATTENTION. AFTER ALL, OUR FREE NEWSLETTER PROFILED MANY TRIPLE-DIGIT WINNERS FOR SUBSCRIBERS. WE ALWAYS ARE LOOKING FOR MOMENTUM BEFORE IT HAPPENS!

Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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