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Stocks Rally as Banking Chaos Continues 📈

From

elitetrade.club

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adam@elitetrade.club

Sent On

Mon, Mar 20, 2023 08:14 PM

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Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Happy Monday! It's January 20th. I h

[Image](www.elitetrade.club) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Happy Monday! It's January 20th. I hope you had a great weekend. Our BRAND NEW premium Elite Growth Stocks Report is running strong! Our next 10X growth stock pick is coming out THIS WEEK. [Sign up now]( to get a jump on this promising stock while the window of opportunity is still open! Here's what moved the market today: Markets 📈 Stocks rallied as governments and big banks stepped up efforts to rescue smaller lenders. The Nasdaq [+0.3%], Dow [+1.2%], and S&P 500 [+0.8%] notched gains, while the small-cap Russell 2K [+1.1%] rallied. Sponsored [Fed's Shocking New Plan to Control Your Money]( The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine.  [Click here to discover how to protect your money]( Today's Market-Moving News 🔎 📉 Chase Boss Pushes for Another First Republic Rescue Jamie Dimon, CEO of JPMorgan Chase Bank [JPM +1.0%], is working with other big banks to craft a new rescue package for beleaguered regional lender First Republic Bank [FRC -47.2%]. Big banks have already deposited $30 billion into First Republic accounts to help the bank shore up its balance sheet, but Dimon and other executives are apparently considering additional measures, according to an exclusive report from The Wall Street Journal Today's Top Winners and Losers 🔥 Aziyo Biologics [AZYO] $1.45 (-62.8%) The Food & Drug Administration issued a "not substantially equivalent" determination for Aziyo Biologics' CanGaroo RM Antibacterial Envelop submission. The company says it will work with the FDA to provide the additional data requested by regulators. First Republic Bank [FRC] $12.14 (-47.2%) First Republic Bank fell on reports that big banks, led by JPMorgan Chase, are crafting a second round of rescue funding for the beat-down regional bank. CXApp [CXAI ://elitetra.de/L2Ic ] $1.95 (-27.2%) CXApp has been in free fall since completing its business combination with KINS Technology Group SPAC last Thursday. New York Community Bank [NYCB] $8.61 (+31.6%) NYCB's Flagstar Bank subsidiary has acquired billions of dollars of Signature Bridge Bank assets from the Federal Deposit Insurance Corp. The deal includes $34 billion in deposits, $13 billion in loans, and $25 billion in cash, and it's expected to be accretive to earnings per share and book value. Lifecore Biomedical [LFCR] $3.10 (+85.6%) Lifecore Biomedical rebounded today despite a weak earnings report on Thursday evening, followed by several price target cuts by analysts. As part of its earnings report, the company also reported that it's considering strategic alternatives that could include a potential sale. WiMi Hologram [WIMI] $1.22 (+23.2%) WiMi Hologram announced today that it's developing a collaborative eye-tracking data visualization system that can be used in fields like intelligent driving and medical image analysis to improve work efficiency. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, Adam G. -- Elite Trade Club P.S... If you're on the hunt for a new broker, check out our preferred partner, moomoo! You can [get 15 free stocks]( worth up to $2,000 each if you join the moomoo App now. [Click here to get started.]( alerts delivered straight to your cell every morning for free?* P.P.S... Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! You can also text CLOSE to 47121 or [click here]( to get the Closing Bell Roundup sent to your mobile inbox, too! *Standard message/carrier rates may apply. © Elite Trade Media LLC, 2023. All rights reserved. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](

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