Wednesday, January 11, 2023

Costume Retailer Jumps 33%

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures rose on Wednesday. Investors are awaiting key consumer price index data, and economists expect the CPI rose 6.5% over the prior year last month. If true, the reading would be another drop from the 7.1% increase seen in November.

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

Party City (NYSE: PRTY)

Party City is up 32.89% premarket after reports the company is seeking funding for a potential Chapter 11 bankruptcy. It's sharing information with potential providers of debtor-in-possession financing. Party City has been squeezed by a higher costs of goods and shipping as well as a helium shortage. Sales were disappointing for investors during the critical Halloween period last October.

Energy costs have spiraled out of control due to Russia's refusal to supply oil, gas or any energy to Europe. Our friend Alexander Green is showing investors how they could benefit greatly from Russia President Vladimir Putin's grave mistake.

Click here to learn what this predictable, low-risk opportunity is.

 

Biora Therapeutics (Nasdaq: BIOR)

Biora Therapeutics is up 28.70% premarket after receiving Pre-IND feedback from the FDA. The company is still on track for an IND filing for its PGN-600 program, which is focused on treatment of ulcerative colitis. Biora has previously shown strong potential for its targeted therapeutics program. It expects to report data from preclinical studies on its next generation device during Q1 and Q2 of 2023.

Recession or not, everybody wants to remain healthy. This is why health stocks are off to strong start despite volatile markets, and right now we're looking to position ourselves in this sector in The War Room.

Click here to see which stocks we're looking at.

 

Global Recession Is "Inevitable" in 2023

A recent Economist article reported that a global recession is inevitable in 2023.

Forbes says a recession is "very likely" in late 2023 or early 2024.

JPMorgan, Citi and BlackRock also believe that a 2023 recession is imminent.

If you feel like you just can't take this market anymore and can't afford to weather another recession, check out this presentation from Marc Lichtenfeld.

Countless investors are choosing to QUIT the stock market after seeing this.

Broadwind (Nasdaq: BWEN)

Broadwind is up 71.68% premarket after announcing approximately $175 million in new tower orders from a leading global wind turbine manufacturer. The order will fulfill during the full year 2023 and conclude by the end of 2024.

Renewable energies like electric vehicles are expected to make up a $7 trillion market. Our friend Andy Snyder thinks you should know about this $25 EV startup.

Click here to see why he believes this company could overtake Tesla one day.

 

World Wrestling Entertainment (NYSE: WWE)

World Wrestling Entertainment is up 8.05% premarket after reports that Saudi Arabia's public investment fund is buying the company. Stephanie McMahon, co-CEO of the sports-entertainment empire and daughter of returning chairman Vince McMahon, abruptly announced she is leaving late Tuesday after the latest development.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

WARNING: Tech Stock Crash INCOMING?

Businesses Falling Behind
 

Zoom... Roku... Pinterest...

So many tech stocks have dropped 40%... 50%... even 80% in the case of Peloton!

But that's just the beginning.

The Fed is turning off the money hose... inflation is rising... and stay-at-home stocks are running out of steam...

And retirement expert Marc Lichtenfeld predicts more tech stocks will follow.

Click here to see what he's recommending his readers do RIGHT NOW.

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