Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures faltered on Tuesday. Investors are preparing for crucial earnings reports from major tech firms. Also, the latest business activity in Europe proved disappointing, with the region's Stoxx 600 index falling into the red. Knowing the right trading strategies is crucial when markets are down. Bryan and Karim use tactics that produce winning trades regardless of stock direction in The War Room. They have a 90% win rate in 2023 and right now they're guaranteeing traders receive 252 winning trades in their first 12 months of membership. Click here to join The War Room. Here's a look at the top-moving stocks this morning. HighPeak Energy, Inc. (Nasdaq: HPK) HighPeak Energy is up 15.23% premarket after announcing that its board of directors has voted to initiate a process to maximize shareholder value. This includes a potential sale of the company. HighPeak CEO Jack Hightower said in a statement that now is an opportune time to capture the value reflected in the company's share price. Wells Fargo and Credit Suisse Securities have been retained as financial advisors for the potential transition. The current energy crisis in Europe is changing the landscape of energy stocks. Right now our friend Alexander Green is pounding the table on one stock Wall Street projects will rise from $30 to $280 over the next 18 months. Click here to see why Russia President Vladimir Putin's latest mistake could make traders rich. 3M Company (NYSE: MMM) 3M is down 3.12% premarket after the manufacturing giant missed earnings expectations. On an adjusted basis, 3M earned $2.28 a share, down from $2.45 a share the year before. The company also plans to cut 2,500 jobs, a move Chief Executive Mike Roman called "a necessary decision to align with adjusted production volumes." |
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