Tuesday, December 27, 2022

A Promising Move in the Retail Sector

Trade of the Day Wake-Up Watchlist

Attention Wake-Up Watchlisters! It's early in the week, and you know what that means. Our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. This week he's got his eye on a chart in the retail sector that's coming together perfectly for a trade. Click the video below to learn what that trade is.

 
 

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures rose following the holiday break. A big reason for the boost comes from overseas as China eases COVID protocols. The country recently decided to scrap quarantine requirements for inbound travelers beginning Jan. 8. The National Health Commission also said Monday that the nation's management of the virus will be downgraded from Category B from the top-level Category A.

While there have been small boosts to the market in recent days, there could still be more pain ahead. Right now analysts are predicting a 60% chance of a recession in 2023, which is why we want to make sure you have every investment option at your disposal. Our Head Fundamental Tactician Karim Rahemtulla is showing traders a $3 alternative investing strategy to help them survive and thrive heaidng into the new year.

Click here to discover this unique $3 opportunity.

 

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

AMC Entertainment Holdings (NYSE: AMC)

AMC Entertainment is down 7.05% premarket as 2022 continues to be a rough year for meme stocks. The down move comes after the theater chain announced plans to sell stock to a private investment firm. Overall, the ascent of stocks like GameStop, Bed Bath & Beyond and AMC back in 2021 feels like a distant memory now.

Meme stocks have long been considered risky plays, which is why it's important to learn 'smart speculation.' In the War Room, we focus on a variety of strategies that allow us to make money in any market or whether a stock goes up or down. We have a 77% win rate in 2022 and right now we're guaranteeing members receive 252 winning trades in their first 12 months of membership.

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Tesla (Nasdaq: TSLA)

Tesla is down 4.99% premarket as the EV maker's market cap is set to fall below Walmart and JPMorgan Chase. The latest selloff could drop the electric vehicle maker down to 14th on the list of top S&P 500 companies. Tesla now sits just above semiconductor maker Nvidia Corp. (NVDA), which had a market cap of $374.07 billion on Friday.

While Tesla is still a major EV player in China, competition is heating up. Right now there are several companies making moves to overtake the top electric vehicle maker in the years to come. Our friend Andy Snyder has been pounding the table on one of those companies. This car has a 1,111 horsepower engine and is faster than super-cars like Ferrari's F8. He even believes this company could overtake Tesla one day.

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

Larry Kudlow: This "Lethal Combination" Could Destroy Biden's Presidency

Lethal Combination
 

Americans will NOT be happy if this comes true.

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