Option chain shows key data for RiverNorth Flex Muni's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for RiverNorth Flex Muni.

RiverNorth Flex Muni (NYSE:RFMZ) Stock, Option Chain

RiverNorth Flex Muni Inc

RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.

RiverNorth Flexible Municipal Income Fund II, Inc. Common Stock

RiverNorth Flex Muni Income Fund II Inc

<a href="https://www.ft.com/content/5290c045-09d1-4da1-844b-166bf227584b" title="https://www.ft.com/content/5290c045-09d1-4da1-844b-166bf227584b">https://www.ft.com/content/5290c045-09d1-4da1-844b-166bf227584b</a>

Macro Economic Events

News

Global

Economics

'China Is Rapidly Expanding Nuclear Forces, Says Pentagon; U.S. Defence Department Reports That Beijing Has Increased Operational Nuclear Warhead Arsenal By 20% In A Year' - Financial Times

Citigroup analyst Paul Lejuez maintains Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) with a Neutral and raises the price target from $800 to $1060.

Price Target

Analyst Ratings

COST

Citigroup Maintains Neutral on Costco Wholesale, Raises Price Target to $1060

MSCI Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) had reported a revenue beat amid <a href="https://www.benzinga.com/news/earnings/24/10/41601664/msci-touts-strong-subscription-growth-ceo-says-q3s-recurring-sales-were-best-ever">strong third-quarter results</a>.
With buy-side purchasing conditions beginning to improve, there is likely to be a "reacceleration in overall organic revenue growth in 2025 and valuation upside in MSCI shares," according to Goldman Sachs.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5a830846ec829d0001f35b46/george-tong">Analyst George Tong</a> upgraded the rating for MSCI from Neutral to Buy, while raising the price target from $617 to $723.
The MSCI Thesis: While global fund outflows from active managers stabilized exiting the third quarter, active equity funds in the US experienced inflows after the Presidential elections due to "policy-related rotations, Tong said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
The positive momentum in global new fund formation is likely to continue into 2025 "due to a broadening of stock returns beyond the large cap tech sector under a Trump administration," he added.
"We expect ESG organic revenue growth to reaccelerate in 2025, as well, driven by increased ESG visibility in the US post-election allowing fund managers to lean into strategies that will still see tailwinds in a Trump policy environment, and by regulatory tailwinds from SFDR (Sustainable Finance Disclosure Regulation) in the EU that has already prompted sizable ESG equity inflows," the analyst wrote.
"Against this backdrop of strengthening buy-side conditions, we see attractive upside potential in MSCI shares driven by EPS growth in 2025/2026 that comes above consensus expectations and valuation multiple expansion," he further wrote.
Price Action: Shares of MSCI had risen by 0.63% to $615.38 at the time of publication on Wednesday.
Read More: 
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<li><a href="https://www.benzinga.com/content/42153898/2-finance-stocks-with-competitive-advantages-you-cant-ignore">2 Finance Stocks With Competitive Advantages You Can&#8217;t Ignore</a></li>
</ul>
Image: Shutterstock

Analyst Color

Long Ideas

Upgrades

Trading Ideas

MSCI

MSCI Aims To Strengthen Buy-Side Conditions, Boost Earnings In 2025

Truist Securities analyst Richard Newitter maintains Nevro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVRO#NYSE">NVRO</a>) with a Hold and lowers the price target from $7 to $4.7.

NVRO

Truist Securities Maintains Hold on Nevro, Lowers Price Target to $4.7

<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="581" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17003411/AI-Pin-Action-1024x581.jpg" alt="" class="wp-image-4162" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17003411/AI-Pin-Action-1024x581.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17003411/AI-Pin-Action-300x170.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17003411/AI-Pin-Action-768x436.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17003411/AI-Pin-Action.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h2 class="wp-block-heading">What&#8217;s The Next AI Winner After Broadcom?</h2>
Shares of&nbsp;Broadcom, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) closed at $250 Monday, up nearly 40% since the company reported earnings last week. Broadcom is a major supplier of custom chips and interconnects for AI workloads in datacenters. As such, it has profited from the AI boom.&nbsp;
<h2 class="wp-block-heading">Looking For Pin Action&nbsp;</h2>
&#8220;Pin action&#8221; is a phrase traders borrowed from bowling. It refers to the knock-on effects one can find after a big movement in a particular stock. In the case of Broadcom, we&#8217;d expect to see pin action in the AI sector, and we&#8217;ve seen some already. In a post on our trading Substack on Monday, we shared four trade ideas, three of which had an AI angle.&nbsp;
<figure class="wp-block-image size-full"><a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-crypto-and"><img loading="lazy" decoding="async" width="928" height="817" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004227/Trade-Alert.jpg" alt="" class="wp-image-4163" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004227/Trade-Alert.jpg 928w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004227/Trade-Alert-300x264.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004227/Trade-Alert-768x676.jpg 768w" sizes="(max-width: 928px) 100vw, 928px" /></a><figcaption class="wp-element-caption">Click on the image to go to the post.</figcaption></figure>
<h2 class="wp-block-heading">Our Four Trade Ideas</h2>
As we described them there:&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><ol>
<li>A top names trade. This stock was the #1 name in our daily ranking on Friday. It's a software platform for advertising with an AI angle (using AI to match users and ads). It beat earnings on top and bottom lines last month, but has pulled back since (all else equal, the empirical data tracked by Portfolio Armor's securities ranking algorithm suggests short-term pullbacks tend to be bullish). If we're right on this trade, our max gain would be about 200%, and our max loss would be 100% if we're wrong.</li>
<li>A speculative crypto-related trade. A successful trader I follow on X thinks this stock has a shot of doubling as Bitcoin makes new highs. Our trade is a bet on the stock climbing 50% over the next month. If we're right, our max gain would be about 500%, and if we're wrong, our max loss would be 100%.</li>
<li>An AI-related post-earnings trade. Another software stock with an AI angle. This one beat earnings on top and bottom lines recently, and looks like it could keep climbing in the near term. Our max upside on this one is uncapped, and our max downside is 100%.</li>
<li>An AI-related earnings trade. This one's a hardware stock. Our max upside on this one is about 200%, and our max downside is 100%.</li>
</ol>
</blockquote>
<h2 class="wp-block-heading">One Winner Out Of The Gate</h2>
Trade idea #3 was buying the $30 strike calls expiring on January 17th on&nbsp;Asana, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>), for $0.25. Asana runs a work management platform that uses AI to automate repetitive tasks and reduce workflows. The stock spiked nearly 14% on Monday. That enabled us to cash out half of our calls at a nice profit on the same day.&nbsp;
<ol>
<li>Calls on&nbsp;Asana&nbsp;(<a href="https://admin.substack.com/discover/stocks/ASAN" target="_blank" rel="noreferrer noopener">ASAN 12.99%↑</a>). Bought at $0.25 on&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-crypto-and" target="_blank" rel="noreferrer noopener">12/16/2024</a>; sold (half) at $1.15 on&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-crypto-and/comment/81807068" target="_blank" rel="noreferrer noopener">12/16/2024</a>.&nbsp;Profit: 360%.</li>
</ol>
For Monday&#8217;s other AI trades, you can click on our trade alert above. And if you&#8217;d like a heads up when we place our next one, you can subscribe to our trading Substack/occasional email list below.&nbsp;
<h2 class="wp-block-heading">If You&#8217;re More Concerned With Downside Risk</h2>
As a reminder, if you are concerned about downside risk, you can download our optimal hedging app by aiming your iPhone camera at the QR code below. You can also download it by&nbsp;<a href="https://apps.apple.com/us/app/portfolio-armor/id394951144">tapping here</a>&nbsp;if you are reading this on your iPhone.&nbsp;
<figure class="wp-block-image size-full"><a href="https://apps.apple.com/us/app/portfolio-armor/id394951144"><img loading="lazy" decoding="async" width="200" height="197" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004451/QR-Code-3.jpg" alt="" class="wp-image-4164" /></a></figure>
And if you&#8217;d like a heads up when we place our next trade, you can subscribe to our trading Substack below.&nbsp;
If you&#8217;d like to stay in touch
You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on <a href="https://portfolioarmor.com/" target="_blank" rel="noreferrer noopener nofollow">our website</a>. Also, you can follow Portfolio Armor on X <a href="https://twitter.com/portfolioarmor">here</a>. And you can become a free subscriber to our trading Substack using the link below (we&#8217;re using that for our occasional emails now).
<figure class="wp-block-image aligncenter size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004543/Widget-1-1.jpg" alt="" class="wp-image-4165" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004543/Widget-1-1.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17004543/Widget-1-1-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

Options

ASAN

AVGO

Trading AI Pin Action

XCHG Shares Resume Trade Then Again Halted On Circuit Breaker To The Downside, Stock Now Down -47.8%

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Western Copper &amp; Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/WRN#AMEX">WRN</a>) with a Buy and maintains $4.25 price target.

Reiteration

HC Wainwright & Co. Reiterates Buy on Western Copper & Gold, Maintains $4.25 Price Target

Truist Securities analyst Richard Newitter maintains Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) with a Hold and lowers the price target from $93 to $89.

Truist Securities Maintains Hold on Medtronic, Lowers Price Target to $89

IPOs

NCEW

New Century Logistics Shares Open For Trade At $4/Share; IPO Priced At $4/Share On 1.5M Shares

NUKK

Nukkleus Shares Resume Trade And Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 158.9%

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Baird raised the price target for Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) from $280 to $480. Baird analyst Ben Kallo maintained an Outperform rating. Tesla shares closed at $479.86 on Tuesday. See how other analysts view this stock.</li>
<li>Truist Securities raised the price target for Community Healthcare Trust Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHCT#NYSE">CHCT</a>) from $22 to $23. Truist Securities analyst Michael Lewis maintained a Buy rating. Community Healthcare Trust shares closed at $18.85 on Tuesday. <a href="https://www.benzinga.com/quote/CHCT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo boosted the price target for Targa Resources Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE">TRGP</a>) from $190 to $204. Wells Fargo analyst Michael Blum maintained an Overweight rating. Targa Resources shares closed at $181.22 on Tuesday. <a href="https://www.benzinga.com/quote/TRGP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JMP Securities cut Bicycle Therapeutics plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCYC#NASDAQ">BCYC</a>) price target from $32 to $26. JMP Securities analyst Reni Benjamin maintained a Market Outperform rating. Bicycle Therapeutics shares settled at $15.14 on Tuesday. <a href="https://www.benzinga.com/quote/BCYC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Cantor Fitzgerald raised Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) price target from $10 to $13. Cantor Fitzgerald analyst Andres Sheppard maintained an Overweight rating. Archer Aviation shares closed at $9.09 on Tuesday. <a href="https://www.benzinga.com/quote/ACHR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley boosted Zoom Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) price target from $86 to $96. Morgan Stanley analyst Meta Marshall maintained an Equal-Weight rating. Zoom Communications shares closed at $84.60 on Tuesday.  <a href="https://www.benzinga.com/quote/ZM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Alliance Global Partners raised Vitesse Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTS#NYSE">VTS</a>) price target from $26 to $29. Alliance Global Partners analyst Jeff Grampp upgraded the stock from Neutral to Buy. Vitesse Energy shares closed at $26.19 on Tuesday. See how other analysts view this stock.</li>
<li>B of A Securities cut the price target for 4D Molecular Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FDMT#NASDAQ">FDMT</a>) from $79 to $46. B of A Securities analyst Tazeen Ahmad maintained a Buy rating. 4D Molecular Therapeutics shares settled at $6.32 on Tuesday. <a href="https://www.benzinga.com/quote/FDMT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan raised Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) price target from $250 to $280. JP Morgan analyst Doug Anmuth maintained an Overweight rating. Amazon shares closed at $231.15 on Tuesday. <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan increased Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) price target from $212 to $232. JP Morgan analyst Doug Anmuth maintained an Overweight rating. Alphabet shares closed at $195.42 on Tuesday. <a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying AMZN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="578" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18101756/image-160-1024x578.png" alt="" class="wp-image-697962" style="width:437px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18101756/image-160-1024x578.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18101756/image-160-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18101756/image-160-768x434.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/18101756/image-160.png 1107w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42551008/top-3-health-care-stocks-that-may-explode-in-q4">Top 3 Health Care Stocks That May Explode In Q4</a></li>
</ul>

Markets

ACHR

AMZN

BCYC

CHCT

FDMT

GOOGL

TRGP

TSLA

Amazon To Rally Around 21%? Here Are 10 Top Analyst Forecasts For Wednesday

Truist Securities analyst Richard Newitter maintains Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) with a Buy and raises the price target from $570 to $640.

ISRG

Truist Securities Maintains Buy on Intuitive Surgical, Raises Price Target to $640

Barclays analyst David Anderson maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Overweight and raises the price target from $46 to $52.

Barclays Maintains Overweight on Baker Hughes, Raises Price Target to $52

Good Morning Traders! In today&#8217;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
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.
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&#8217;s pulse to optimize your trading gains. Now, let&#8217;s dive into the stock analysis:
SPDR S&amp;P 500 ETF Trust 
SPY is currently trading around the key level of 605.41. For the bulls, we want to see a push above this level, aiming for 606.34 as the next potential support. Sustained buying above 606.34 could propel the price higher toward 607.55. If 607.55 holds strong during regular trading hours, the momentum might carry SPY up to 608.35, with the ultimate bull target of 609.33 for the day.
On the bearish side, a failure to hold 605.41 as support could see sellers pushing the price down to 604.45. If 604.45 is broken, expect the next test at 603.38. A breach of 603.38 could open the door for a drop to 602.37. In a scenario of heavy selling pressure, the low bear target for SPY today is 601.22.
Invesco QQQ Trust Series 1 
QQQ is trading near 536.95, a critical level for the bulls. To see an upward move, buyers need to establish support at this level. A successful hold above 536.95 could push the price toward 539.02. If the auction remains strong, the next target for buyers would be 540.60. Continued buying strength could test 542.31, with the high bull target set at 543.58 for the session.
Should 536.95 fail to hold as support, bears might take control and aim to bring the price down to 535.30. Further weakness could test 533.70, with additional selling likely leading to 532.52. If this level fails to provide support, expect the price to head toward the low bear target of 530.70.
Apple Inc. 
Apple is currently trading around the level of 253.90. For bullish action, buyers need to maintain support above this key level. A successful hold could drive the price up to 255.16, with momentum potentially extending to 256.09. If buyers maintain control, the price may test 257.32, which is the high bull target for today.
On the downside, failure to hold 253.90 as support might trigger a test of 252.13. Continued bearish pressure could drive the price lower to 250.39, with further selling likely bringing 249.04 into focus. If sellers remain dominant, the low bear target for Apple today is 248.12.
Microsoft Corp.
Microsoft is trading near 455.77, a pivotal level for bulls. To gain momentum, buyers need to establish support above 455.77 and aim for 457.25. If sustained buying continues, the next level to watch is 459.18. Continued strength could push the price toward the high bull target of 460.78.
If 455.77 fails to hold during regular trading hours, bears may drive the price toward 453.02. A breach of this level could lead to further downside at 450.26. Persistent selling pressure might test 448.18, with the low bear target for Microsoft set at 446.33.
NVIDIA Corporation NVIDIA is trading around 134.56, a crucial level for bullish momentum. Buyers will want to see a breakout toward 135.64 and have this level act as support. Sustained strength could see the price rallying to 136.98. If the auction remains strong, NVIDIA may test the high bull target of 138.55 for the session.
On the bearish side, losing 134.56 as support could see sellers testing 133.31. A breach of this level might push the price lower to 132.19. If selling persists, expect a further drop to 131.42, with the low bear target for NVIDIA at 129.53.
Alphabet Inc Class A 
Alphabet is currently trading near 196.25. For the bulls, this level must hold as support to spark a move higher. Buyers will target 196.97, and continued strength could see a push to 197.79, the high bull target for the day.
If 196.25 fails as support, sellers might take control and drive the price to 195.41. A breach of this level could lead to further downside action at 194.34. Heavy selling may result in Alphabet reaching the low bear target of 193.14.
Meta Platforms Inc 
Meta is trading around the key level of 622.01. Bulls need to maintain this level as support and aim for a move toward 629.88. Continued strength could see a push to 635.49, with bullish momentum possibly reaching the high bull target of 642.59.
If 622.01 breaks as support, bears may push the price lower to 615.65. Sustained selling pressure could bring 609.30 into play. Should this level fail, expect Meta to trade down to the low bear target of 604.50.
Tesla Inc. 
Tesla is trading near 471.48, a critical level for buyers. If bulls can push the price higher, we could see a move toward 480.83. Further bullish activity may target 492.46, with continued strength potentially driving the price to 502.25. The high bull target for Tesla today is 511.58.
On the downside, failure to hold 471.48 as support could result in a test of 462.12. A breach of this level might lead to further selling at 454.90. If the bears remain in control, Tesla could see a decline to the low bear target of 448.48.
Final Word: Today's trading session is packed with high-impact events that could drive volatility. At 8:30 AM ET, we'll see the release of November's Building Permits and Housing Starts, critical indicators for the housing market. However, all eyes will be on the FOMC Interest Rate Decision later in the day, where a 25-basis-point rate cut is anticipated.
Beyond the decision, Fed Chair Jerome Powell's press conference will provide insights into the central bank's future monetary policy outlook. Given the weight of today's announcements, traders should brace for heightened market activity. Stay disciplined, manage your risk carefully, and prepare for rapid price swings. Good luck, and trade safely!
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.
Start your day with a live daily market analysis, a carefully selected watch list, early access to the Morning Memo, and exclusive Market Clubhouse price levels, providing precise support and resistance indicators. When you become a member of Market Clubhouse, you will gain early access to the Morning Memo, just like this one, every single day—hours before it&#8217;s published. You will also have access to a live stream with zero latency and screen sharing, enabling you to witness Rips executing his trades in real-time and sharing his exclusive trading plans, strategies, and live decision-making.
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>.

Market Clubhouse Morning Memo - December 18th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Viking Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) with a Buy and maintains $102 price target.

VKTX

HC Wainwright & Co. Reiterates Buy on Viking Therapeutics, Maintains $102 Price Target

Barclays analyst David Anderson maintains NOV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOV#NYSE">NOV</a>) with a Underweight and lowers the price target from $16 to $12.

Barclays Maintains Underweight on NOV, Lowers Price Target to $12

STOCK REVERSES COURSE AND CLIMBS 3.5%
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="767" height="617" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17211739/Screen-Shot-2024-12-17-at-4.22.41-PM.png" alt="" class="wp-image-4193" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17211739/Screen-Shot-2024-12-17-at-4.22.41-PM.png 767w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/12/17211739/Screen-Shot-2024-12-17-at-4.22.41-PM-300x241.png 300w" sizes="(max-width: 767px) 100vw, 767px" /></figure>
Coinbase Global, Inc. (COIN) experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
At 10:54 AM on December 17th, a significant trading signal occurred for Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) as it demonstrated a Power Inflow at a price of $305.61. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Coinbase&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Coinbase&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for COIN, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
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&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $305.61. The returns on the High price ($316.29) and Close price ($311.55) after the Power Inflow were respectively 3.5% and 1.9%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
Past Performance is Not Indicative of Future Results

COIN

TradePulse Power Inflow Alert: Coinbase Global Inc. (COIN) Receives Signal As Stock Reverses Early Decline, Climbs 11 Points

<a href="https://x.com/CitronResearch/status/1869400459267436877">https://x.com/CitronResearch/status/1869400459267436877</a>
&nbsp;
Small-cap quantum stocks are in a bubble, but <a href="https://x.com/search?q=%24QUBT&amp;src=cashtag_click">$QUBT</a> stands out as the most ridiculous. The numbers tell the story. R&amp;D spending is THE critical indicator in this space: last quarter, <a href="https://x.com/search?q=%24IONQ&amp;src=cashtag_click">$IONQ</a> allocated $33M and <a href="https://x.com/search?q=%24RGTI&amp;src=cashtag_click">$RGTI</a> $12M, modest figures next to tech giants like Google. Yet <a href="https://x.com/search?q=%24QUBT&amp;src=cashtag_click">$QUBT</a> spent a mere $2M on R&amp;D—a striking mismatch for a company claiming to 'offer integrated high-performance quantum systems.' Let's not forget the issued equity at $2.50 just a month ago. The financials simply don't align—follow the data.

IONQ

QUBT

RGTI

Citron Research Posts On X "Small-cap quantum stocks are  in a bubble, but $QUBT stands out as the most ridiculous. The numbers tell the story. R&D spending is THE critical indicator in this space: last quarter, $IONQ allocated $33M and $RGTI $12M, modest figures next to tech giants like Google. Yet $QUBT spent a mere $2M on R&D....."

Truist Securities analyst Richard Newitter maintains Inari Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NARI#NASDAQ">NARI</a>) with a Hold and raises the price target from $50 to $63.

NARI

Truist Securities Maintains Hold on Inari Medical, Raises Price Target to $63

Barclays analyst Eddie Kim maintains Noble Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>) with a Overweight and lowers the price target from $47 to $42.

Barclays Maintains Overweight on Noble Corp, Lowers Price Target to $42

RiverNorth Flexible Municipal Income Fund II declares $0.0866 dividend

The Month In Closed-End Funds: February 2024

Overall market sentiment has been down on RiverNorth Flexible Mncpl Inm Fnd II Inc (RFMZ)  stock lately. RFMZ receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator. RiverNorth Flexible Mncpl Inm Fnd II Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the ranking

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