Benzinga
Published Oct 05, 2023 16:15
Updated Oct 05, 2023 17:40
Biggest Oil Drop In A Year On Biden Security Plan, Magnificent 7 Stocks Do Not Like The New Data
Benzinga - To gain an edge, this is what you need to know today.
Biden’s Security Plan Please click here for a chart of oil futures.
Note the following:
Weight Loss Drugs Walmart Inc (NYSE: WMT) says that people on weight loss drugs are buying slightly less food. The consensus is beginning to develop that weight loss drugs from Eli Lilly And Co (NYSE: LLY) and Novo Nordisk A/S (NYSE: NVO) are negative for many med-tech stocks, restaurant stocks, alcohol stocks, and food and beverage stocks. If these predictions start coming true, money will rush out of these stocks and will likely go into artificial intelligence stocks. There is a fortune to be made in artificial intelligence over the next seven years, but it will be treacherous at times. Investors who develop in-depth knowledge of investing in artificial intelligence will do better compared to those who do not. The easiest way to develop your knowledge about investing in artificial intelligence is to listen to the podcasts in Arora Ambassador Club.
Magnificent Seven Money Flows In the early trade, money flows are positive in Tesla Inc (NASDAQ: TSLA) and NVIDIA Corp (NASDAQ: NVDA).
In the early trade, money flows are negative in Apple Inc (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN), Alphabet Inc Class C (NASDAQ: GOOG), Meta Platforms Inc (NASDAQ: META) and Microsoft Corp (NASDAQ: MSFT).
In the early trade, money flows are mixed in SPDR S&P 500 ETF Trust (ARCA:SPY) and Invesco QQQ Trust Series 1 (NASDAQ: QQQ).
Momo Crowd And Smart Money In Stocks The momo crowd is buying stocks in the early trade. Smart money is
Written By: Benzinga
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