Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures dipped on Wednesday as traders assessed the latest corporate earnings reports. The Stoxx Europe 600 Index slipped about 0.3% with the technology sector leading the decline. As hawkish talks from policy makers continue, investors are monitoring earnings reports for signs of how central banks' attempts to stifle inflation are affecting the economy. When the market gets volatile, it's crucial to manage your emotions and find ways to make fundamentally sound trades. That's exactly what our Lead Technical Tactician Nate Bear did on Monday. You might've seen Nate's Monday Morning Watchlist in this newsletter before, and on Monday he positioned himself on a tech stock that produced a 243% gain! Nate uses a system he developed that helped him turn $37,000 into $1 million in just three years, and right now he's letting traders follow along with him as part of his Daily Profits Live service. Click here to learn more about how you can watch Nate's every trade live and in real time. Here's a look at the top-moving stocks this morning. Western Alliance Bancorporation (NYSE: WAL) Western Alliance Bancorporation is up 15.07% premarket after announcing its deposits rose by $2 billion since the end of the first quarter and its percentage deposits insured by the FDIC increased to 73%. Western was one of the banks that faced intense scrutiny following the seizures of Silicon Valley Bank and Signature Bank in March. The stock was the 40th largest bank in the US at the end of 2022, and is down more than 45% to start the year. Intuitive Surgical (Nasdaq: ISRG) Intuitive Surgical is up 7.08% premarket after beating estimates for first-quarter sales as the surgical robot maker recorded a rise in total procedure volumes. The company reported quarterly sales of $1.70 billion, beating analysts' estimates of $1.60 billion. As pandemic-induced staffing shortages ease, the healthcare industry sees a recovery in medical procedures that could help boost demand of surgical devices in the United States. |
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