Rabu, 03 Januari 2024

Vaccine Maker Gets Upgrade

Trade of the Day Wake-Up Watchlist

Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures fell on Wednesday after fresh jobs data caused optimism for interest-rate cuts to dip. Hopes that the year-end market rally would roll into 2024 hit a snag as indexes closed to their worst start in decades. Overall, the JOLTS report on job openings will set the fed's expectations for the labor market and for the December monthly jobs report on Friday.

Despite the volatile 2024 start in the markets, we were on fire on The War Room yesterday. Our Lead Fundamental Tactician Karim Rahemtulla closed 12 winning trades, including 38% gain on TEVA in 433 trading days.

Click here to join The War Room and learn our top strategies for consistent winning trades in any market.

 

Here's a look at the top-moving stocks this morning.

Moderna, Inc. (Nasdaq: MRNA)

Moderna is up 1.70% in premarket trading after the vaccine maker received an upgrade from Oppenheimer & Co Analyst Hartaj Singh. Singh upgraded shares to "outperform," with a price target of $142 per share. Singh based his upgrade on the idea that Covid-19 demand is bottoming and that means new material catalysts are coming to fund the pipeline.

 

Rivian Automotive, Inc. (Nasdaq: RIVN)

Rivian is down 1.94% premarket after the electric vehicle company fell short on deliveries in its latest data release. The EV maker said it produced 17,541 units and delivered 13,972 vehicles in the fourth quarter. Analysts had predicted fourth-quarter vehicle deliveries growing 75% to 14,000.

Our Lead Technical Tactician Nate Bear is focusing on another top EV company in Daily Profits Live this week.

Click here to unlock his latest trade.

 

Whatever You Do, DON'T Invest in the Wrong AI Companies

Most people make the mistake of listening to the mainstream media and investing in megacap companies like Nvidia, Microsoft and Google. But they're already huge! The real money is in the smallest companies with the biggest upsides. Manward Press Chief Investment Strategist Shah Gilani has compiled a list of the absolute best AI stocks in the market today... including one trading for less than $1. He's revealing all the details on why he believes these stocks will be the biggest winners in the $15.7 trillion AI revolution. Click here to view his presentation.

Longboard Pharmaceuticals (Nasdaq: LBPH)

Longboard Pharmaceuticals is up 3.47% premarket after the company announced promising test results for a seizure treatment on Tuesday. In a study called Pacific, patients who received Longboard's drug had 32.5% fewer seizures than placebo recipients. This put the biotech stock at its highest-ever point.

Advanced Micro Devices (Nasdaq: AMD)

Advanced Micro Devices is down 2.09% in premarket trading and fell 6% overall yesterday. The stock dropped on the news that ASML (the world's leading manufacturer in chip-making equipment) had paused shipments of its lithography machines for semiconductor fabrication to China. ASML's decision reportedly stemmed from pressure applied by the U.S. government.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

We Could Be Less Than 3 Months Away From an AI Super-Event

According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. Click here.

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