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10 things you need to know before the opening bell

Mar 8, 2021, 17:18 IST
Business Insider
Spencer Platt/Getty Images

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1. Oil hits $70 after an attack on Saudi Arabian facilities. See what markets are doing today.

2. Mark Cuban says the Dallas Mavericks are the largest Dogecoin merchant in the world. The NBA basketball team has carried out more than 20,000 Dogecoin transactions, the billionaire said.

3. The Fed's hand is being forced by the latest market tantrum. If the chaos continues without Fed action, rising yields could prematurely lift borrowing costs.

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4. 7 reasons why investors should buy the stock market's recent dip. Fundstrat's Tom Lee thinks investors should take advantage of the recent stock market decline and "buy the dip."

5. Investors shouldn't fear inflation, an investment chief says. James Paulsen told investors in a letter inflation is only a concern for stocks when real economic growth is weak.

6. Michael Burry's 17 best tweets. "The Big Short" investor has slammed Tesla, bitcoin, Robinhood, and meme-stock buyers.

7. On the data docket. Wholesale inventories, and the 3-month and 6-month bill auctions are due.

8. Credit Suisse is on the hunt for companies being underestimated by the market. The firm says to buy these 13 'top of the crop' stocks it expects to demolish expectations and rocket higher.

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9. A 48-year market vet breaks down why stocks could tumble 80% this year in a worst-case scenario. David Hunter also breaks down how gold could soar to $2,500 as soon as Q2.

10. The investing chief of a crypto hedge fund breaks down why he thinks bitcoin will achieve a $5 trillion market cap by 2023. Jake Ryan also shares 2 emerging areas of the asset class that he's bullish on.

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