Good morning Wake-Up Watchlisters! It's Monday and you know what that means. Our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. This week he's got 3 names he's watching, with two potential long plays and one short play. You won't want to miss this. Click the image below to see this week's picks. P.S.: Click here to subscribe to Nate's YouTube channel for more technical analysis. While you're sipping coffee you'll see stock futures were mixed on Monday. Wall Street is coming off its worst week of 2023 so far and investors are waiting on an upcoming inflation reading. Companies reporting earnings this week include Airbnb, Coca-Cola and DraftKings. If you want to see how we're playing earnings this week, we invite you to trade along with us in The War Room. We have an 82% win rate in 2023 and right now we're guaranteeing members receive 252 winning trades in their first 12 months. Click here to unlock The War Room. Here's a look at the top-moving stocks this morning. Sorrento Therapeutics (Nasdaq: SRNE) Sorrento Therapeutics is down 24.36% premarket after the company filed for Chapter 11 bankruptcy protection. The company was working on a COVID-19 treatment, and one of its subsidiaries recently acquired the rights to the FDA-approved ELYXYB, a ready-to-use oral solution for the acute treatment of migraine. |
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