Attention: Due to technical difficulties, our latest Trade of the Day article "Don't Buy Crypto, Buy This Instead" went out late yesterday. You can read the full version by clicking here. Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures were disoriented on Friday. Traders remain worried over hawkish central banks and worsening economic data. This week's numbers pointed to a possibility of recession and global slowdown, with the Federal Reserve still calling for increasing rates in the near future. With inflation and economic volatility still causing concern among investors, it's crucial to consider alternative assets. Right now our friend Andy Snyder is showing investors the correct way to invest in gold and other hard assets. Click here to learn more about how to protect your money. Here's a look at the top-moving stocks this morning. Netflix (Nasdaq: NFLX) Netflix is up 5.96% premarket after the firm said it picked up more subscribers than expected – some 7.7 million – at the end of the year. After plunging almost 70% between late 2021 and June 2022, the streaming platform has now bounced back 60%. Nordstrom, Inc. (NYSE: JWN) Nordstrom is down 4.93% premarket after the clothing retailer slashed its profit forecast after a week of weaker-than-expected holiday sales. The company said its fiscal 2022 earnings fell after holiday sales – which were already heavily discounted – dropped to below pre-pandemic levels. Overall, sales for the nine weeks ending on December 31 were down 3.5%. |
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