Friday, March 24, 2023

Euro Banks Take Another Hit!

Trade of the Day Wake-Up Watchlist

Good morning, Wake-Up Watchlisters!

TGIF! Snag a cup of the brown stuff and let's review what's going on in the premarket.

European banks continue to struggle, with German lending powerhouse Deutsche Bank in the spotlight today (see more on that below) after the multi-billion-dollar rescue of Credit Suisse. While the Federal Reserve is slowing down their planned rate hikes, Powell still bumped the rate 25 points on Wednesday despite the struggles of the sector. This has had a chilling effect as it is clear that the central banks are not going to completely halt monetary policy actions which could expose or highlight more vulnerabilities.

Regardless of which side of the bed Jerome Powell wakes up on, we are winning in The War Room. This Monday we locked in two more 30%+ wins, and we're positioned for more.

Take the guess work out of the market, click here to join The War Room.

 

Now, let's take a look at the top-moving stocks this morning.

Deutsche Bank (NYSE: DB)

Deutsche is down 11.33% premarket. The bank's credit default swap insurance, to protect against default, now sits at a four-year high, and investors are rightfully concerned. The stability of all European banks might be in jeopardy as financial regulators and governments work to prevent the stresses of inflation and recessions from destabilizing the sector.

While this banking crisis will be tough for many banks there are some who will thrive in this environment, and we just picked up one of the best for our Trade of The Day Plus Portfolio.

Join us and get the pick now!

 

Exelixis Inc. (Nasdaq: EXEL)

Exelixis Inc. is up 4.12% premarket. This pop comes after company leadership announced a commitment to $550 million dollars in share buybacks this year. Although stock buybacks will not magically change the fundamentals of the biopharmaceutical company, shareholders are certainly not going to turn down the short-term gains.

If you are more interested in long-term gains, our friend Alex Green has identified what could be the next revolution in healthcare and its gonna be big!

Read more here!

 

On March 27, 2023... Your Life Could Change Forever

Speakers on the stage
 

On March 27, a closed-door meeting of some of the most brilliant minds in investing will change the lives of a privileged few.

That's because they'll reveal their strategies for finding the best bargain-priced stocks for profiting from today's volatile markets... safe fixed income strategies for retirees and retiree-hopefuls... the top investment ideas for a digital world... and much more.

To find out how you can get virtual access to all of it - live and in real time - go here now.

Block Inc. (NYSE: SQ)

Block Inc. is down 5.69% premarket. This comes after notorious short sellers Hindenburg Research released a report Thursday afternoon that sent shares tumbling. The report alleges that the online payment company which owns Square was "inflating user metrics". While the Block team begins their legal defense some shareholders choose to jump ship, Cathie Wood and her Ark Investment fund instead have used the depressed stock price as an opportunity and picked up over $20 million worth of shares since the drop.

 

Match Group Inc. (Nasdaq: MTCH)

Match Group Inc. up 3.66% premarket. The dating app company which owns Tinder and Hinge has been on the receiving end of a number of analyst upgrades, Barclays being the latest. Investment groups are paying attention as well, Edgewood Management, Neuberger Berman Group LLC and Price T. Rowe have all substantially added to their positions in Match Group Inc recently.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

Your All-Access Pass to the Biggest Investment Event of the Year...

VIP Access

Breakthrough presentations from more than one dozen investment experts... live footage of their top strategies for helping protect yourself - and profiting - through the current volatility... exclusive research you won't find anywhere else... bonus behind-the-scenes interviews with top speakers...

To find out how you can claim your all-access pass, simply click here now.

No comments:

Post a Comment

Master the Ebbs and Flows of the Market

This is an absolute game changer... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌...