Wednesday, September 28, 2022

Former War Room Winner Takes Off Again

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures fell on Wednesday. The 10-year Treasury yield briefly spiked past 4%, marking a closely watched level for the worst bond sell-off in decades. Fixed income and currency markets also saw big moves as central bank and recession worries keep investors on edge.

Look, this is not a time to mince words. There's some potential economic destruction ahead, and our political leaders have painted us into a corner. There will be some good news in all this, but first, we want to show you what has us so worried.

Click here to see our view on the current markets.

 

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

Biogen (Nasdaq: BIIB)

Biogen is up 44.31% premarket after a global study of its newest drug, lecanemab, showed statistically significant improvement in slowing the cognitive effects of Alzheimer's disease compared to placebo, the company said. The Cambridge biopharma company achieved all primary and secondary goals of worldwide study involving 1,795 patients with "highly statistically significant results." Overall, shares are up almost $80 in the premarket.

We recently wrote about Biogen in Trade of the Day and placed a strangle trade on it in The War Room yesterday.

Click here to unlock that trade.

 

Mind Medicine (Nasdaq: MNMD)

Mind Medicine is down 35.14% premarket after the biopharmaceutical company announced a proposed public offering of common shares. Shares sank after a Bloomberg report that shares will be offered at $4.25 each.

 

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Silo Pharma, Inc. (Nasdaq: SILO)

Silo Pharma is up 47.06% premarket after announcing pricing of an underwritten public offering of 1,000,000 shares of its common stock at a price to the public of $5 a share. The gross proceeds to Silo Pharma from this offering are expected to be $5,000,000 before expenses.

The medical sector offers great innovation and thus, some of the best chances at generating big returns in the stock market. Right now our friend Alexander Green is pounding the table on a breakthrough medical technology he says will save millions of lives in the U.S. SpaceX and Tesla CEO Elon Musk already sent it into orbit – and right now it's trading for just $3.

Click here to discover this game-changing medical stock.

 

Equifax (NYSE: EFX)

Equifax is down 5.32% premarket after a small rival urged the U.S. Federal Trade Commission should investigate how Equifax amassed payroll records about most Americans. Equifax has been acquiring employee compensation data for decades, but these big databases are vulnerable to theft and error. Workers are also sometimes surprised their records are included, according to privacy activists.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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