| Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stocks fell on Thursday in anticipation of higher interest rates. Investors are taking in Jerome Powell's latest signaling as the Federal Reserve chief told lawmakers that while no official decision has been made, acceleration in tightening was still on the table. Attention traders: We have a huge announcement. You may have seen a new writer around here named Nate Bear. We have a special nickname for him: the Minivan Millionaire. That's because he took a $37,000 account and generated over $2.7 MILLION dollars in verified trading profits in just four years! And now… he's inviting you to watch his trading process LIVE as he seeks to turn $37k into ANOTHER million-dollar portfolio – right before your eyes. It all begins Wednesday, March 15th at 2 p.m. ET. Click here to claim your FREE tickets to Nate's Minivan Millionaire Livestream. Here's a look at the top-moving stocks this morning. Asana, Inc. (NYSE: ASAN) Asana is up 22.30% premarket after the company's founder Dustin Moskovitz announced plans to buy up to 30 million shares of the software company's Class A common stock. Analysts led by Jason Celino said shares could spike to $34 from $22 in its bull-case scenario. The bull-case being that companies continue investing in collaboration software and profitability improves. Knowing when high-level executives are investing in a company can sometimes be a major clue in a stock's future direction. Our Head Fundamental Tactician Karim Rahmetulla tracks insider buying as part of his Insider Matrix. This strategy allowed him to record a 14% return on his Insider Matrix portfolio in 2022. Click here to see how "following the money" could result in gains as high as 2,250%. SVB Financial Group (Nasdaq: SIVB) SVB Financial Group is down 29.13% premarket after the startup-focused lender announced its selling assets and will conduct a $1.75 billion share sale to shore up its balance sheet after cutting the 2023 forecast as rising interest rates weighed on the company and its customers. This is the latest example of strain in rates-sensitive parts of the U.S economy. Investing in a stock when it's going down may seem like a fruitless endeavor. But the truth is, there are ways to profit even in a down market. We use several strategies in The War Room, including this "perfect timing pattern" that's proven to be effective at helping traders make money during bull and bear markets. Click here to discover how this pattern works. MongoDB, Inc. (Nasdaq: MDB) MongoDB is down 11.33% premarket after the database company's revenue outlook loomed over better-than-expected results. The cloud company reported impressive growth for the fourth quarter of its 2023 fiscal year, with totals of $361 million and up 36% year over year. However, investors weren't thrilled with MongoDB's guidance. The database provider sees full-year fiscal 2024 revenue between $1.48 billion and $1.51 billion. This would mean growth of just 15% to 18% over fiscal 2023's final figures, a big slowdown from the 47% sales increase between 2022 and 2023 fiscal years. With so many stocks struggling in these volatile markets, it's vital to consider value stocks that actually have a chance of going up over time. Our Head Fundamental Tactician Karim Rahemtulla has high standards when it comes to identifying true gems in the market, and this under $1 stock has everything he looks for. He's calling it "The Last Great Value Stock" because it has a foothold in several emerging technology sectors. It even recently spiked 40%! But all signs show it still has a lot of room to grow. Click here to discover "The Last Great Value Stock." Etsy, Inc. (Nasdaq: ETSY) Etsy, Inc. is down 6.34% premarket after getting a rare double-double downgrade to underperform from buy. The downgrade came from John Colantuoni over at Jefferies. "Buyers are churning faster and spending less on Etsy, forcing marketing higher and putting pressure on operating profits," said Colantuoni. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team | 
No comments:
Post a Comment