Good morning Wake-Up Watchlisters! While you're sippin coffee you'll see stock futures climbed on Wednesday after a top Federal Reserve official hinted the central bank is done with rate hikes. Fed Governor Christopher Waller said there was "no reason" to insist rates stay "really high" if inflation continues to cool, and influential investor Bill Ackman said a rate cut could come as soon as the first quarter. It's Wednesday, and every week our Head Trading Tactician Bryan Bottarelli makes one specific trade that takes advantage of a unique market trend. Right now he's guaranteeing an 80% win rate on this trade – and if you get in now – you can start receiving multiple trading opportunities every month. Click here to discover Bryan's Wednesday trade. Here's a look at the top-moving stocks this morning. Foot Locker (NYSE: FL) Foot Locker is up 9.06% premarket after the athletic footwear retailer easily beat quarterly earnings and sales estimates and narrowed its fiscal-year outlook. Foot Locker posted third-quarter adjusted earnings of 30 cents a share, above Wall Street's calls for 21 cents a share, according to FactSet. Our Head Trading Tactician Bryan Bottarelli got positioned on FL yesterday in The War Room. Click here to unlock that trade. Gamestop Corp. (NYSE: GME) Gamestop is up 10.67% premarket after strong premarket trading volume led to it becoming the third most actively traded stock on the New York Stock Exchange. Both Gamestop and AMC were among the most discussed by traders on social media site stocktwits.com on Wednesday. |
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