AGRA RESOURCES LLC UNIT by Agra Resources LLC Stock (OTC: AGRRU)

Latest news for AGRA RESOURCES LLC UNIT by Agra Resources LLC (OTC:AGRRU) Stock

AGRA RESOURCES LLC UNIT by Agra Resources LLC

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BKYI

BIO-key International Shares Resume Trade

News

CYBR

Proofpoint And CyberArk Expand Strategic Collaboration To Strengthen Identity Security And Combat Phishing Across All Channels; New Integrations And Solutions Launched To Address Key Cybersecurity Challenges

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Ally Financial</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ALLY, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 20 uncommon options trades for Ally Financial.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 50% bullish and 45%, bearish.</p>
<p>Out of all of the special options we uncovered, 14 are puts, for a total amount of $904,303, and 6 are calls, for a total amount of $344,742.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $28.0 to $37.0 for Ally Financial during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Ally Financial's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Ally Financial's whale trades within a strike price range from $28.0 to $37.0 in the last 30 days. </p>
<h3>Ally Financial Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725979559_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ALLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.4</td>
<td>$4.1</td>
<td>$4.2</td>
<td>$35.00</td>
<td>$134.4K</td>
<td>387</td>
<td>321</td>
</tr>
<tr>
<td>ALLY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$2.15</td>
<td>$2.05</td>
<td>$2.15</td>
<td>$33.00</td>
<td>$118.6K</td>
<td>4</td>
<td>768</td>
</tr>
<tr>
<td>ALLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$1.4</td>
<td>$1.1</td>
<td>$1.1</td>
<td>$33.00</td>
<td>$99.0K</td>
<td>749</td>
<td>1.1K</td>
</tr>
<tr>
<td>ALLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.9</td>
<td>$1.45</td>
<td>$1.9</td>
<td>$36.00</td>
<td>$84.2K</td>
<td>3</td>
<td>843</td>
</tr>
<tr>
<td>ALLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.4</td>
<td>$2.35</td>
<td>$2.4</td>
<td>$35.00</td>
<td>$84.0K</td>
<td>3.8K</td>
<td>840</td>
</tr>
</tbody>
</table>
</p>
<h3>About Ally Financial</h3>
<p>Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.</p>
<h3>Ally Financial's Current Market Status</h3>
<ul>
<li>Trading volume stands at 9,389,716, with ALLY's price down by -16.06%, positioned at $33.29.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 36 days.</li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Ally Financial, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

ALLY

Ally Financial's Options: A Look at What the Big Money is Thinking

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Super Micro Computer</strong>.</p>
<p>Looking at options history for Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) we detected 42 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 38% with bearish.</p>
<p>From the overall spotted trades, 25 are puts, for a total amount of $1,090,704 and 17, calls, for a total amount of $1,125,526.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $325.0 to $1000.0 for Super Micro Computer over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Super Micro Computer stands at 387.06, with a total volume reaching 13,920.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Super Micro Computer, situated within the strike price corridor from $325.0 to $1000.0, throughout the last 30 days.</p>
<h3>Super Micro Computer Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725979554_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$72.7</td>
<td>$70.1</td>
<td>$71.0</td>
<td>$500.00</td>
<td>$213.0K</td>
<td style="text-align: right;">231</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$61.4</td>
<td>$59.3</td>
<td>$60.1</td>
<td>$350.00</td>
<td>$180.3K</td>
<td style="text-align: right;">45</td>
<td style="text-align: right;">35</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.2</td>
<td>$11.7</td>
<td>$12.0</td>
<td>$1000.00</td>
<td>$120.0K</td>
<td style="text-align: right;">610</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$114.1</td>
<td>$113.0</td>
<td>$113.45</td>
<td>$500.00</td>
<td>$113.4K</td>
<td style="text-align: right;">935</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$100.0</td>
<td>$96.9</td>
<td>$99.15</td>
<td>$380.00</td>
<td>$99.0K</td>
<td style="text-align: right;">132</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Super Micro Computer</h3>
<p>Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.</p>
<h3>Super Micro Computer's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,788,375, the SMCI's price is up by 0.31%, now at $411.15. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 50 days.</li>
</ul>
<h3>What Analysts Are Saying About Super Micro Computer</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $492.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Super Micro Computer with a target price of $375. </li>
<li>An analyst from CFRA downgraded its action to Hold with a price target of $454. </li>
<li>In a cautious move, an analyst from Barclays downgraded its rating to Overweight, setting a price target of $693. </li>
<li>Reflecting concerns, an analyst from Barclays lowers its rating to Equal-Weight with a new price target of $438.</li>
<li>An analyst from JP Morgan has revised its rating downward to Neutral, adjusting the price target to $500. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Super Micro Computer options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


SMCI

Smart Money Is Betting Big In SMCI Options

<p>Deep-pocketed investors have adopted a bearish approach towards JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JPM usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 24 extraordinary options activities for JPMorgan Chase. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 45% leaning bullish and 50% bearish. Among these notable options, 20 are puts, totaling $2,098,270, and 4 are calls, amounting to $141,402.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $225.0 for JPMorgan Chase during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for JPMorgan Chase's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across JPMorgan Chase's significant trades, within a strike price range of $170.0 to $225.0, over the past month.</p>
<h3>JPMorgan Chase Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725979549_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.8</td>
<td>$5.5</td>
<td>$5.55</td>
<td>$170.00</td>
<td>$1.1M</td>
<td>5.3K</td>
<td>230</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$19.95</td>
<td>$18.9</td>
<td>$18.7</td>
<td>$225.00</td>
<td>$129.2K</td>
<td>235</td>
<td>278</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.35</td>
<td>$8.25</td>
<td>$8.25</td>
<td>$200.00</td>
<td>$84.2K</td>
<td>8.1K</td>
<td>149</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$19.6</td>
<td>$18.6</td>
<td>$18.6</td>
<td>$225.00</td>
<td>$83.7K</td>
<td>941</td>
<td>115</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$1.51</td>
<td>$1.36</td>
<td>$1.51</td>
<td>$202.50</td>
<td>$75.5K</td>
<td>175</td>
<td>1.1K</td>
</tr>
</tbody>
</table>
</p>
<h3>About JPMorgan Chase</h3>
<p>JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4.1 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.</p>
<p>Following our analysis of the options activities associated with JPMorgan Chase, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is JPMorgan Chase Standing Right Now?</h3>
<ul>
<li>With a volume of 5,454,668, the price of JPM is down -5.14% at $205.68. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 31 days.</li>
</ul>
<h3>What The Experts Say On JPMorgan Chase</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $235.0.</p>
<ul>
<li>An analyst from Deutsche Bank downgraded its action to Hold with a price target of $235. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for JPMorgan Chase, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


What the Options Market Tells Us About JPMorgan Chase

Norfolk Southern Reports No Impact From Tropical Storm Francine, Operations Continue As Scheduled; Port Of New Orleans To Close Flood Gates Tonight; Customers In Southeast And Mid-Atlantic Regions Should Expect Delays

WIIM

Oil is trading lower after OPEC cut its demand forecast and reduced next year's demand growth expectations.

<p>RBC Capital  analyst Leonid Timashev   reiterates Compass Pathways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPS#NASDAQ">CMPS</a>) with a Outperform and maintains $23 price target.</p>


Price Target

Reiteration

Analyst Ratings

CMPS

RBC Capital Reiterates Outperform on Compass Pathways, Maintains $23 Price Target

<p>Barclays  analyst Trevor Young   maintains Squarespace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQSP#NYSE">SQSP</a>) with a Equal-Weight and raises the price target from $44 to $47.</p>


SQSP

Barclays Maintains Equal-Weight on Squarespace, Raises Price Target to $47

ALLR

Allarity Therapeutics shares are trading lower after the company announced an increase in its common stock offering from $30 million to $50 million.

<p>RBC Capital  analyst Brad Heffern   initiates coverage on Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>) with a Sector Perform rating and announces Price Target of $358.</p>


Initiation

RBC Capital Initiates Coverage On Public Storage with Sector Perform Rating, Announces Price Target of $358

<p><strong>Nvidia Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) rival <strong>Groq</strong> announced on Tuesday that it will deploy AI in Saudi Arabia in 2024, in partnership with <strong>Aramco Digital</strong>, at the ongoing Global AI Summit (GAIN) in Riyadh, Saudi Arabia.</p>
<p><strong>What Happened:</strong> <strong>Jonathan Ross</strong>, founder and CEO of Groq, made the announcement at the GAIN summit alongside <strong>Tareq Amin</strong>, CEO of <strong>Aramco Digital</strong>, a subsidiary of <strong>Saudi Aramco</strong>.</p>
<p>Making the announcement, Ross revealed that Groq will achieve a capacity of 25 million tokens per second by the end of Q1 2025. He added that this is equivalent to <strong>Microsoft Corp.</strong> and <strong>OpenAI's</strong> combined capacity at the end of 2023.</p>
<p>Tokens are, simply put, a fundamental unit of data processing as far as AI models are concerned. Tokens may consist of words, characters, or phrases.</p>
<p><em>Subscribe to the </em><a href="https://bztechtrends.beehiiv.com/subscribe"><em>Benzinga Tech Trends newsletter</em></a><em> to get all the latest tech developments delivered to your inbox.</em></p>
<p>A higher token capacity allows for faster response times, and Groq says it now has the fastest output speed.</p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">More speed on our existing 14nm silicon.  <br /><br />GA soon. <br /><br />Reach out if you want to go fast! <a href="https://t.co/nmgKusqxYC">pic.twitter.com/nmgKusqxYC</a></p>
<p>&mdash; sunny madra (@sundeep) <a href="https://twitter.com/sundeep/status/1833427919844016272?ref_src=twsrc%5Etfw">September 10, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p>Ross also said this capacity can be expanded to 1 billion tokens per second, consuming over 600 megawatts of power.</p>
<p><strong>See Also: </strong><a href="https://www.benzinga.com/news/24/09/40788721/google-underscores-importance-of-empowering-users-with-fact-check-tools-amid-rising-use-of-ai"><strong>Google Underscores Importance Of Empowering Users With Fact Check Tools Amid Rising Use Of AI</strong></a></p>
<p><strong>Why It Matters:</strong> Groq is one of the rivals of Nvidia, the current leader in the AI industry. The AI startup revealed that over 444,000 developers around the world use the Groq API, or application programming interface – by this metric, it says it is now the world's second-largest AI company.</p>
<p>Aramco Digital also announced a custom operating system based on AI, called NourOS. This operating system allows users to talk to the system in natural language, for everything from querying information to setting up new processes.</p>
<p>Grok was <a href="https://www.benzinga.com/markets/equities/24/06/39495387/nvidia-rival-groq-set-to-double-valuation-to-2-5b-with-blackrock-led-funding-round-report">recently reported</a> to be close to a new funding round led by <strong>BlackRock Inc.</strong>, doubling the company's valuation to $2.5 billion.</p>
<p>The AI startup has also been endorsed by former <strong>Facebook</strong> executive, <strong>Chamath Palihapitiya</strong>, who <a href="https://www.benzinga.com/news/24/03/37448713/spac-king-chamath-palihapitiya-shares-key-insights-for-success-with-ai-developers-seeking-product-ma">advised developers to use Groq&#8217;s AI models</a> to enhance their applications.</p>
<p><em>Check out more of Benzinga's Consumer Tech coverage by </em><a href="https://www.benzinga.com/topic/consumer-tech"><em>following this link</em></a><em>.</em></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40624456/dean-of-valuation-aswath-damodaran-shares-3-ways-to-beat-the-bot-and-safeguard-your-job-from-ai"><strong>Dean Of Valuation Aswath Damodaran Shares 3 Ways To Beat The Bot And Safeguard Your Job From AI</strong></a></li>
</ul>
<p><em>Photo courtesy: Rounak Jain/Benzinga</em></p>


Global

Tech

NVDA

Groq To Deploy AI In Saudi Arabia With Aramco, Aims To Match 2023 Microsoft-OpenAI Capacity By 2025

Federal Reserve

Fed's Barr Says He Expects Regulators Will Finalize Long-Term Debt Rule For Banks 'Relatively Soon'

CNSP

CNS Pharma shares are trading after Maxim Group upgraded the stock from Hold to Buy and announced a $0.50 price target.

BIO-key Shares Halted To The Upside; Stock Now Up 156.16%

<p>Good Morning Traders! In today&#39;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.</p>
<p>Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.</p>
<p>We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market&#39;s pulse to optimize your trading gains. Now, let&#39;s dive into the stock analysis:</p>
<h3><strong>SPDR S&amp;P 500 ETF Trust </strong></h3>
<p>SPY is currently trading near our key level of 546.46. For bullish momentum, we&rsquo;re watching for a break above 547.56, with sustained strength leading the price to test support at 548.13. If buyers manage to hold 548.13 during the session, a further push toward 549.00 is anticipated. Should the bullish rally gain traction, our top target for SPY on the day is 549.67.</p>
<p>On the downside, if 546.46 fails to hold as support, sellers may target the next level at 545.24. Continued bearish pressure could drive the price lower, aiming for 544.04. If this level is breached, strong support lies at 542.93. In a more aggressive sell-off, SPY could drop to our low target of 541.49 for the session.</p>
<h3><strong>Invesco QQQ Trust Series 1 </strong></h3>
<p>QQQ is trading around a key level of 454.10. Bulls will want to see a clear break above 454.10, followed by strong support holding at 455.29. If this area is successfully defended, a further upside move could push the price to 456.23. If the buying persists throughout the session, the next target for QQQ would be a test of 457.55, with the high bull target set at 458.83.</p>
<p>If the price struggles to maintain support at 454.10, bears may gain control, pushing QQQ down to 452.98. In a continued bearish scenario, sellers could test lower levels at 452.14. Should this weakness persist, the price may drop further to 450.98, with the final bear target for the session at 449.36.</p>
<h3><strong>Apple Inc.</strong></h3>
<p>Apple is currently trading near the 219.19 level. For bulls, the focus is on holding 219.19 as support, which could pave the way for a move up to 220.29. Should the buying momentum increase, the price may rise further to 220.97. If Apple stays in bullish territory today, a rally toward the high bull target at 221.66 is likely.</p>
<p>If 219.19 does not hold, we expect sellers to push the price lower to test 218.08. Continued selling pressure could bring the auction down to 216.70, with further downside risk targeting 215.25. Should the bearish trend strengthen, the final target for the session is set at 214.07.</p>
<h3><strong>Microsoft Corp.</strong></h3>
<p>Microsoft is auctioning around the key level of 407.11. A hold above this level could lead to a bullish rally, targeting 408.46, which should act as a strong support during the session. If buyers can maintain control, we could see the price push further to 409.69. If the rally continues, Microsoft could reach the high bull target for the day at 410.64.</p>
<p>If 407.11 fails to hold, bears will likely target a drop to 406.01. Should selling pressure persist, we could see a further decline toward 404.92. In a continued sell-off scenario, the bears may push the price down to 402.74, with a low target for the day at 401.39.</p>
<h3><strong>NVIDIA Corporation</strong></h3>
<p>NVIDIA is trading near the key level of 106.30. Bulls will look for a move higher to 107.51, which must be reclaimed as support. If this level is defended, we could see a rally toward 109.12. With strong buying momentum, NVIDIA could push to 109.86, with the high bull target for the session at 110.73.</p>
<p>If NVIDIA fails to hold 106.30, the bears could drive the price down to 105.23. Continued selling pressure may lead to a decline toward 103.96. Should the session turn more bearish, we expect a test of 102.55, with the final target for a strong sell-off being 101.02.</p>
<h3><strong>Alphabet Inc Class A</strong></h3>
<p>Alphabet is auctioning near 148.24. Bulls will aim to defend this level and push the price higher to 148.95. If buyers maintain control, we could see the price approach our high bull target for the session at 149.58.</p>
<p>If 148.24 cannot hold, sellers may step in and push Alphabet down to 147.68. Further bearish action could test the strength of 146.89. Should the selling pressure intensify, the price could fall toward our low bear target of 145.94.</p>
<h3><strong>Meta Platforms Inc </strong></h3>
<p>Meta is currently trading near 504.54. Bulls are eyeing a move higher, targeting 508.25 if 504.54 can be held as support. If buying pressure builds throughout the session, a further rally toward 512.85 is possible, with the high bull target for Meta set at 515.39.</p>
<p>If Meta breaks below 504.54, sellers could push the price down to 500.83. Continued downside action could test 498.03, with further declines leading to a possible test of 495.54 as the low bear target for the day.</p>
<h3><strong>Tesla Inc.</strong></h3>
<p>Tesla is currently hovering near 219.39. Bulls will be looking for a push higher, first to 220.65, followed by a rally toward 222.19. With sustained buying pressure, Tesla could reach 223.98, with the high bull target on the day at 226.53.</p>
<p>If 219.39 fails to hold, bears could push the price down to 217.78. Continued selling could drive Tesla lower to 216.31. If sellers maintain control, the final downside target for the session is 213.88.</p>
<p>Final Word: Today&rsquo;s trading session is expected to remain relatively quiet in terms of significant economic releases. However, the Treasury&rsquo;s 3-Year Note Auction at 1 PM ET could impact the bond market and provide some movement across equities. Major market participants are likely positioning ahead of tomorrow&#39;s Consumer Price Index (CPI) report, a highly anticipated release that can influence Federal Reserve policy expectations. It&rsquo;s important to stay patient today, as any significant moves may come from traders positioning for tomorrow&rsquo;s data. Manage your risk carefully, and prepare for heightened volatility heading into the rest of the week. Stay sharp and trade smart!</p>
<p>The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.</p>
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<p>For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at <a href="https://marketclubhouse.club/7Days/" title="https://marketclubhouse.club/7Days/">https://marketclubhouse.club/7Days/</a> where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: <a href="https://www.youtube.com/@MarketClubhouse" title="https://www.youtube.com/@MarketClubhouse">https://www.youtube.com/@MarketClubhouse</a>.</p>
<p class="contributor-disclaimer"><em>This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.</em></p>


General

Market Clubhouse Morning Memo - September 10th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)

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RLAY

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ORCL

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