Tuesday, August 30, 2022

Digital Gaming Company On the Rise

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee playing Fortnite (more on that below), you'll see stock futures rose on Tuesday. The dust is settling after the Federal Reserve's latest signal of a sustained period of restrictive monetary policy.

Although the markets are quiet for now, this rebound may not last. Other risks including China's economic slow down and Europe's energy crisis due to the Russia/Ukraine war could weigh on investors.

With potential choppy waters ahead, it's crucial to have a process for knowing when a stock has hit its bottom. That's why we use what we call the 'Perfect Timing Pattern.' This pattern helps at-home traders avoid risk during down markets. It's even led to members closing gains of 121% in just one hour and 21 minutes!

Click here to learn about the 'Perfect Timing Pattern.'

 

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

Mobile Global Esports (Nasdaq: MGAM)

Mobile Global Esports is up 29.99% premarket. The company recently partnered with Artemis Ave LLC to deliver a new platform that focuses on social engagement for the Indian university esports market. It's excepted to allow users to interact with HD video in private digital suites and also watch tournaments on YouTube.

With newer markets like esports on the rise, it's important to know which innovative companies will last in these tough markets. That's why our friend Marc Lichtenfeld is pounding the table on 'Valorem Stocks.' These are a new class of companies that are currently outperforming the market left and right.

Click here to discover these value picks.

 

American Virtual Cloud Technologies (Nasdaq: AVCT)

American Virtual Cloud Technologies is up 20.70% premarket as the stock continues to gain momentum. The company increased its value 175% since the closing of the market last Thursday. This is due to investors responding positively to recent changes on the company's board of directors along with the launch of a review to explore the sale of the business.

 

In This Market...

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Bed Bath & Beyond (Nasdaq: BBBY)

Bed Bath & Beyond is up 10.64% premarket as the market's favorite meme stock prepares to announce its turnaround update later in the week. The struggling retailer secured $375 million in loan financing last week, and will focus on its near-term financing needs and any potential sale of its lucrative buybuy Baby division.

 

Spirit Aerosystems (NYSE: SPR)

Spirit Aerosystems is up 6.24% premarket after a new aircraft order from UPS will mean more wide-body work at the company factory in Wichita. The Boeing Co. (NYSE: BA) announced Monday that UPS ordered eight 767 fighter jets – a big order for the cargo company as it will push its total 767 fleet past 100 aircraft. The deal has a value of $1.7 billion.

Aerospace is undergoing a major transformation, and there's another company in this sector we want you to know about. It's a business that operates around the globe in dozens of industries and it's as recognizable as Disney or Tesla. Right now it's trading for under $1 - and there's reason to believe this company could skyrocket in the coming months.

Click here to unlock 'The Last Great Value Stock.'

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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