Friday, January 20, 2023

Netflix Brightens the Premarket Mood

Trade of the Day Wake-Up Watchlist

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.

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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%.

 

Virginia Millionaire Warns: The Energy Crisis Could Get a Whole Lot Worse

Smoke Stacks
 

Europe's "life or death" winter could send shockwaves through the energy industry. But one MASSIVE mistake by Putin could change everything for world markets. See what could happen to U.S. stocks here.

Alphabet (Nasdaq: GOOGL)

Alphabet (the parent company to Google) is up 3.50% premarket after the company announced plans to cut around 12,000 jobs from its global workforce Friday amid growing economic uncertainty. Earlier this week, Microsoft said it would slash around 5% of its global workforce, and take a $1.2 billion charge against its second quarter earnings.

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Sector to Watch: Clean Tech Stocks

Many traditional tech stocks took a big hit in 2022. This change is paving the way for a strong multiyear growth run for clean energy and new tech stocks. Morgan Stanley's 5-star analyst Stephen Bryd believes political will is likely to support the practical benefits of clean and renewable energy over the next few years.

Right now our friend Andy Snyder is letting readers know about another under-the-radar tech company. He believes this stock could hand you life-changing profits in midst of the predicted $13 trillion tech revolution.

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Those are the top moving stocks for today.

Happy trading!

The Wake-Up Watchlist Research Team

"The S&P 500 has only been this expensive for 4% of the past 140 years." - Fortune magazine

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