Banks Flex in Premarket

JPMorgan, PNC and Wells Fargo ease investor worries with latest earnings reports. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were down slightly on Friday after resilient earnings from banks (more on that below). The S&P 500 and the Dow Jones closed at almost two-month highs as economic data showed cooling inflation and a loosening labor market. As steady lower inflation reports continue, it's crucial to consider a unique investment opportunity right now. Our Head Fundamental Tactician Karim Rahemtulla believes we're nearing the end of the Fed's tightening cycle. This could mean interest rates will start falling in the near future, and the combination of low inflation and interest rates will present a rare opportunity we haven't seen since 2007. Karim is so bullish on this strategy he believes he'll make $1 million on it within five years. Click here to learn more about his "Super Income" system. Here's a look at the top-moving stocks this morning. JPMorgan Chase & Co. (NYSE: JPM) JPMorgan is up 6.03% premarket after posting stellar earnings. The bank said first quarter net income and revenue rose from a year ago while its deposits fell, demonstrating the resiliency of the nation's largest lender as well as the challenges that tested its entire industry in March. Overall, profits surged 52% on robust consumer business. Wells Fargo & Company (NYSE: WFC) Wells Fargo is up 2.98% premarket after seeing a profit rise of 32% in the first quarter as it earned more from interest rate payments. Its rise was helped by the U.S. Federal Reserve's tighter monetary policy, the lender reported Friday. We've been ahead of the game on the latest bank earnings, and we're currently positioned on several banks in The War Room. One of those trades included an overnight move on Wells Fargo. Click here to unlock these bank trades. From Elementary School Teachers to Financial Advisors to Multimillionaires... People Are Raving About "Super Income!" There's a new "Super Income" investment strategy designed to help you pocket up to 68 hefty payouts in a year. TO SEE WHAT EVERYONE'S SO EXCITED ABOUT... CLICK HERE NOW!! QuidelOrtho Corporation (Nasdaq: QDEL) QuidelOrtho is up 5.94% premarket after the vitro diagnostic company announced preliminary revenue results for the first quarter. The company expects total revenue from its respiratory products to be in the range of $262 million to $267 million, including COVID-19 product revenue of $212 million to $217 million. This represents a 5% growth on a supplemental combined basis and 7% growth on a constant currency basis. Innovative medical technology companies are worth considering for your portfolio. Right now our friend Andy Snyder is recommending another innovative tech company that could be at the center of the current $13 trillion virtual revolution. Click here to learn more about XRI. PNC Financial Services (NYSE: PNC) PNC Financial Services is up 5.18% premarket after reporting an 18.5% rise in first-quarter profit on Friday. PNC is among the top 10 largest U.S. banks by assets and reported a profit of $3.98 per share in the quarter that exceeded analysts' average estimate of $3.67. Overall, shares of PNC fell to about 20% last quarter, which was marred by two of the biggest bank failures in U.S. history after liquidity concerns at Silicon Valley Bank sparked a bank run. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team This Car Puts Tesla to Shame Inc. magazine calls THIS NEW EV Tesla's worst nightmare. It puts Tesla's flagship Model S to shame, featuring... The ONLY battery with a range of 500 miles on a single charge A powerful 1,080-horsepower engine An ultra-fast zero-to-60 time of under three seconds. If you love investing in disruptive new companies... Check out this EV's stock - you can get in for just $10. 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