In this article and video, Insider Financial recaps today's stock market action and discusses the stocks to watch ahead of Fed Day.
This video covers SPY, QQQ, DIA, IWM, TLT, BTC, NVDA, NRDY, RNAC, ALHC, DTC, ACHR, NCMI, JWN, SPIR, HOTH, ATOS, ATNM.
Video Summary
U.S. stocks ended higher on Tuesday. Headlines were dominated by central bank action.
Market participants digested the Bank of Japan's historic pivot and looked ahead to a key Federal Reserve monetary policy decision that will shape interest rate cut expectations this year.
The Nasdaq Composite opened lower but reversed course after mid-day as technology stocks pared back initial losses to push higher.
Bitcoin, the leading cryptocurrency by market cap, witnessed a rollercoaster ride over the past two weeks. After setting an all-time high of $73.8K, it currently trades down $62783.
Nerdy (NRDY) The CEO has purchased $800,000 worth of $NRDY stock over the last few days.
Cartesian Therapeutics (RNAC) $600,000 insider buy from Director Timothy Springer who is a legendary healthcare investor.
Alignment Healthcare (ALHC) CEO $500,000 insider buy
Solo Brands (DTC) CEO $226,000 insider buy
Archer Aviation (ACHR) Almost $8 million insider buy
HOTH reported positive data.
ATOS cancer patient cancer-free after five years.
ATNM potential Big Pharma buyout candidate.
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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.