Monday, August 29, 2022

China-Based Stock Bumps Up...

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping morning coffee you'll see stock futures dropped further Monday, building on a sharp sell-off from Friday. The dip is a continuation of investor worry over Federal Reserve Chairman Jerome Powell's vow to raise interest rates until inflation returns inflation to 2%. Powell told investors to expect 'some pain' in the meantime.

The concern over rising rates continues to cause fluctuations in the market, which is why you need to know stocks that will prosper in the long term. Right now we're pounding the table on what we're calling 'The Last Great Value Stock.' It's currently trading for $1, but that price could soar after an upcoming announcement in December.

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

Pinduoduo (Nasdaq: PDD)

Pinduoduo is up 11.59% premarket after the china-based company more than tripled revenue in the second quarter. The agriculture-to-consumer provider cited a 'recovery in consumer sentiment' as the reason for the increase.

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Athersys Inc. (Nasdaq: ATHX)

Athersys is up 14.46% premarket ahead of the company's 1-for-25 reverse stock split that is set to go into effect before the market opening. Last month, shareholders approved the reverse stock split in order to bring Athersys into compliance with Nasdaq's minimum bid price requirement, the company said in a statement.

 

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Onion Global (NYSE: OG)

Onion Global is up 8.47% premarket after the company announced a new lifestyle brand platform tentatively titled 'Fairlady.' The initiative plans to help women achieve personal growth and self- enhancement to bring on more female users.

 

Pioneer Natural Resources (NYSE: PXD)

Pioneer Natural Resources is up 2.18% premarket. With strong rallies in oil and gas this year, the company is up 35% overall in 2022. But it's not just the fact that its up, the sheer size of Pioneer's shareholder payout is what makes it stand out. The company's board recently declared a dividend of $8.57 per share for the third quarter. On an annualized basis, that's a yield of 13.3%.

Energy stocks have been big winners in 2022, and identifying winners is what we do in the War Room. Right now we have a 76% win rate for the year and guarantee you'll receive 322 winning trades in your first 12 months of membership.

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

The World's Next Big Tech Boom

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This new technology is predicted to be worth $13 trillion by 2030...

Apple's CEO says, "We will look back on [it] one day and say, 'How did we live our lives without it?'"

One top investor in upcoming trends, who made early bets on Facebook, Instagram and Twitter, has already invested $600 million in this new tech.

And Fortune reports that it "might be the most important trend in tech since the iPhone."

One expert calls it "XRI"... and soon everyone will be talking about it.

Go here to see why.

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