Market Update Newsletter 3/20/23
- A Punkrock Capitalist
- Mar 20, 2023
- 1 min read
Markets ended last week higher with the exception of the DOW which dropped slightly. Bitcoin (BTC) rallied last week and over the weekend and is sitting at $27k. Futures are down slightly.
UBS is buying Credit Suisse Bank for $3.2 Billion, saving it from collapse. On Wednesdays Fed meeting Powell is not expected to raise the rates says Goldman Sachs Economist.
Stocks to Watch
Advanced Micro Devices (AMD) received a well-deserved PT raise from $100-$115. Is the chip glut finally over?
Meta Platforms (META) receives another PT raise from $188-$220.
Nvidia (NVDA) has its PT raised from $230-$300.
PepsiCo (PEP) receives PT raise from $186-$188.
Happy Investing!
The Punkrock Capitalits
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