PG&E recently expanded its instant power line shutoffs to cover more high-risk areas as California wildfire season approaches.Remember... we are holding our first ever Emergency Bear Market Inflation Summit TOMORROW (Thursday, June 23, at 2:30 p.m. ET). Bryan and Karim will give you their blueprint for surviving this rocky market... plus take your questions... 100% LIVE! Note: Our Zoom room is limited to 3,000 participants. Spots are first come, first served. You don't need to sign up. For now, just add the event your calendar. You won't want to miss this urgent event. We'll send you a link 10 minutes before we go live on Thursday. Good morning Wake-Up Watchlisters! While you're sipping that muddy, hotel-lobby style coffee with the free breakfast muffins you'll see stock futures dipped Wednesday after the market's largest rally in weeks. Today the Federal Reserve will once again remain the centerpiece of investing conversation, with Jerome Powell set to testify before the Senate Banking Committee at 9:30 a.m. ET. Here's a look at the top-moving stocks this morning. PG&E Corporation (NYSE: PCG)PG&E Corporation is up 3% premarket after the company set dates for its quarterly preferred stock dividend. The company declared the dividend for the three-month period ending July 31, 2022 to be payable on August 15, 2022. PG&E also expanded its instant power line shutoffs to cover more high-risk areas as California wildfire season approaches. Keep an eye on PG&E going forward. Spirit Realty Capital (NYSE: SRC)Spirit Realty Capital is up 2.38% premarket as the real estate investment trust continues to show promise. The company's focus on long-term net leases gave it maximum rental value for its properties. Spirit generated 95 cents per share in funds from operations, a key industry metric, last quarter. It also renegotiated its credit facilities during Q1, a tribute to the company's good standing with creditors. Keep an eye on Spirit Realty going forward. Kraft Heinz Co. (NYSE: KHC)Kraft Heinz is up 1.15% premarket after the company announced a brand change. The company will now go by the name 'mac & cheese' instead of 'macaroni and cheese.' With more people embracing cheap comfort food in the current markets, Kraft Heinz is worth keeping an eye on. As stocks continue to waver, our friend Andy Snyder has been letting investors in on a once-in-a-generation investment opportunity. This investment could be 10x bigger than cryptocurrencies. But you'll have to get in soon – the offer expires tonight! Click here to unlock this investment. Marathon Oil Corp. (NYSE: MRO)Marathon Oil is down 4.82% premarket as recession fears loom for the energy sector. Halliburton Co. (NYSE: HAL), Phillips 66 (NYSE: PSX), and Devon Energy Corp. (NYSE: DVN) were all down as well. With the S&P 500 on track for its worst first half of the year in decades, energy stocks could be volatile going forward. You Need This Info For The Current Market In the current bear markets, you need to be in protection mode. This is why position sizing is so important. Our Head Trading Fundamental Karim Rahemtulla talks all about in this video. Click here to watch. Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team |
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