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⏰ Read time 5 mins

Link for free access to the discord at the bottom

 _{^{Whats Moving the markets}} 
🚀 Bitcoin & NVDIA Season

Bitcoin hit a high of $64k, the highest in 2 years and near all time high of $69k. The S&P 500 closed 0.90% after PCE came in as expected & NVDA & AMD leading the charge.

The Canadian market TSX gained +0.56% . The gains were led CNQ after good earnings 🔥

 📝The S&P 500 $SPY IS REBALANCING

Super Micro $SMCI and Deckers $DECK will be replacing Whirlpool $WHR and Zion Bancorporation $ZION in the S&P 500 before the markets open on March 18th. $PLTR was rumored to join SPY but did not make it, stock was down -4% after hours.

🚀 Social media posts you might've missed

🔎 ^{_{Earnings & hidden gems}}
 Elon Musk sues OpenAI and CEO Sam Altman for breach of contract, pursuing profit over humanity

🇺🇸Edward Snowden predicts a government has been buying Bitcoin and "will be revealed this year."

NVIDIA becomes the 3rd largest public company in the world with a $2.05 TRILLION market cap

🚨Insider sales

Sells by executives isn’t always a red flag, people can sell for many reasons. But people only buy for one reason. 👀 I share more insider sales in my discord. Bdinvesting.org 

💰 STOCK I JUST BOUGHT

Snowflake $SNOW reported earnings and tanked -28% on news of the CEO Frank Slootmen stepping down (retiring) and the new CEO will be Sridhar Ramaswamy. He joined Snowflake last year with the company's acquisition of Neeva, an AI-powered search engine. Ramaswamy previously ran Google's ad products.

SNOW has been on my radar since last year and a missed catch when it was around 140 but FINALLY an OPPORTUNITY! Snowflake Inc. has grown revenue at 40.87% over the past year, which is strong growth. The partnership with NVDA is also very bullish. (Watch video below)

We timed it perfectly within the discord group when I alerted the group to do an after market close purchase(Buying after 4pm). So far we are up 10% and we just bought this bad boy.

Stay tuned for my full analysis in the discord & what my price targets are.

^{_{Headlines you need to know}} 📰
 ❌ Electronic Arts cutting 5% of its workforce (670 employees)

🚙 EV maker Fisker says the company might go bankrupt

🕹️ Booking announces first ever quarterly dividend

❌ Macy’s announces they will close 30% of their stores (150) over next 3 years.

💀 Trudeau ordered to find $59.5M ArriveCan dollars from taxpayers 

• Disney will merge its Indian media operations with Mumbai conglomerate Reliance

• Amazon is investing over US$5 billion to open a series of data centres and boost its cloud computing operations in Mexico

• Microsoft is investing US$16.3 million into French AI startup Mistral AI

• Owners of Ford $F EVs now have access to more than 15,000 Tesla $TSLA superchargers across the US and Canada

• Apple to stop working on electric car

₿ Crypto Corner

• Bitcoin hit 64k

• Bitwise Chief Investment Officer says #Bitcoin could reach $100,000 - $200,000 or higher in 2024.

• $IBIT BlackRock's Bitcoin ETF has $10 billion in assets under management. A record.

• BlackRock launches spot #Bitcoin ETF in Brazil.

• Tim Buckley to step down as CEO of $7.2 trillion asset manager Vanguard. Last month, Vanguard banned all #Bitcoin ETFs from their platform.

• Retail investors poured money into bitcoin exchange-traded funds (ETFs), with BlackRock’s ETF registering a single-day record inflow of US$520 million.

  

Oh Canada 🇨🇦

• $380 million. The latest estimate for how much the FIFA World Cup will cost the city of Toronto.

• NA.to national bank of Canada hit new all time highs

• Bank of Montreal is slowly whittling down a pile of ultra-long mortgages that it granted to Canadian customers to help them handle the rapid rise in interest rates.

Canada’s economy grows +1% annualized in Q4 beating estimate of +0.8%

🇨🇦Canadas going Conservative

Economics 📊

• US Debt Rises $1 Trillion every 100 Days

• Apollo’s CIO says the FED will NOT cut rates this year as the U.S economy is NOT slowing down

• PCE inflation (FED’s preferred inflation measure) comes in-line with expectations of 2.4% in January. BUT month-over-month up +0.4% (above +2% annualized) the most in 1 year.

• U.S Q4 GDP MISSED expectations, 3.2% vs 3.3%

BD investing Discord 👥

Link to Join Discord. First 5 only.

This is the free version and does not give you access to trade signals.

This month we went 12/14 on our trades. 🚀 Track record below

Make sure to go checkout my website. bdinvesting.org 

Meme Spot 🤣