Friday, January 6, 2023

Wrestling up Some Premarket Gains

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures were mixed on Friday. Investors are waiting on the latest jobs report, which could clue them in on the Federal Reserve's next step for monetary tightening.

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

World Wrestling Entertainment Inc. (NYSE: WWE)

World Wrestling Entertainment is up 9.05% premarket after former WWE chief Vince McMahon announced plans to return as executive chairman. McMahon said he will involve himself in the company's media rights negotiation process and review of strategic alternatives.

 

AMTD Digital Inc. (NYSE: HKD)

AMTD Digital is up 67.78% premarket. There were no significant events that could've contributed to the surge, however the meme stock has posted several large daily moves since its July initial public offering. Back in August, it had a 21,000% surge. This boost was attributed to a targeted increase in online retail trading similar to what sent shares like GameStop and AMC to the moon in early 2021.

Meme stocks are risky investments. However, if you know the best indicators for a stock about to move up or down, then you can be more confident in your trading. Our Head Fundamental Tactician Karim Rahemtulla follows one key trading indicator – insider buying. He believes this strategy is one of the most effective for making profits in the market – and its shown potential for gains as high as 2,250%!

Click here to learn how to "follow the money" with the The Insider Matrix.

 

BREAKING: Major Stock Price Upgrade to $280!

Putin on Stage
 

Source: Wikimedia Commons

 

Thanks to a HUGE blunder by Vladimir Putin... Wall Street analysts say one unique energy stock is on track to soar from $30 to $280.

Check out the unusual situation right here.

CytomX Therapeutics (Nasdaq: CTMX)

CytomX is up 78.21% premarket after the small biotech company announced a partnership with Moderna. Under the agreement, CytomX gets a $35 million up-front payment, and is eligible for $1.2 billion in additional payments to research and develop "messenger RNA-based conditionally activated therapeutics" with Moderna.

When a medical company starts making game-changing innovations, it's crucial to take notice. That's why our friend Alexander Green wants you to know about this $3 medical company. Right now it has the patent on a device that could be the biggest breakthrough in 37 years. In fact, Elon Musk recently sent this device into orbit.

Click here to unlock this $3 medical stock.

 

Tesla (Nasdaq: TSLA)

Tesla is down 5.22% premarket as more gloom hits the electric vehicle maker to start 2023. The stock fell as prices were cut again in China. The Tesla Model 3 now prices around $33,000, and Tesla delivered 55,796 cars in December, down from more than 100,000 in November.

The electric vehicle market is expected to reach $7 trillion in the coming years, which is why our friend Andy Snyder wants you to know about this $25 EV startup. This company has a car with over 1,111 horsepower, a zero-to-60 time of 2.5 seconds and a top speed of nearly 170 miles per hour. That makes it faster than super-cars like Ferrari's F8 – yet it's 100% electric! If you missed out on Tesla, you'll want to consider taking a look at this company.

Click here to discover this $25 EV startup.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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