Jumat, 30 Desember 2022

Airliner Dips After More Cancellations

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see US equities slipped as financial markets close out the worst year in more than a decade. To sum it up, the index has lost a third of value this year as tech stocks emerged as some of the most vulnerable to rising rates.

With the markets closing on a down note, why not check out a stock that actually has a chance to go up? Our Head Fundamental Tactician Karim Rahemtulla has been pounding the table on one company all year long. He's calling it 'The Last Great Value Stock and right now it's trading for under $2. Plus, there's an upcoming announcement in January that could send it soaring.

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

Hoth Therapeutics (Nasdaq: HOTH)

Hoth Therapeutics is down 42.82% premarket after the patient-based pharmaceutical company announced it entered a definitive agreement for the issuance and sale of 2,000,000 shares of its common stock. The gross proceeds to the company from the private placement are expected to be $10 million.

 

The biotech sector provides some of the highest potential gains in the market. And our friend Alexander Green wants readers to know about this promising company. It has the patent on a medical device that could be the biggest breakthrough in 37 years – and right now it's trading for under $3.

Click here to unlock this stock.

Argo Blockchain (Nasdaq: ARBK)

Argo Blockchain is down 17.96% premarket. The company recently rallied in London trading after agreeing to sell its Helios Bitcoin mining facility to Galaxy Digital Holdings for about $65 million. As part of the deal, Galaxy also agreed to provide Argo with a senior secured loan of $35 million. The transactions will reduce Argo's debt by $41 million.

 

"The S&P 500 has only been this expensive for 4% of the past 140 years." - Fortune magazine

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Alaska Air Group, Inc. (NYSE: ALK)

Alaska Air Group is down 4.20% premarket after dozens of flights at San Francisco International Airport were cancelled by Alaska and Southwest Airlines. Alaska Air cancelled eight flights on Tuesday, some due to storms in the Pacific Northwest, but others to areas unaffected by winter storms like Newark, New Jersey and Cancun, Mexico.

 

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

Putin's Spiteful Behavior Could Make Americans Rich??

Putin's Spiteful Behavior
 

Source: www.kremlin.ru

 

One company is already generating record profits. In fact, Wall Street projects one $30 stock will rise to $280 in just 18 months... all thanks to a HUGE mistake by Russia's president. Here's what you need to know...

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