Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures slipped on Friday as traders continue to digest data for clues on inflation and economic growth. Federal Reserve Bank of Cleveland President Loretta Mester signaled support for another rate hike to dampen inflation and Mohit Kamar, a strategist at Jeffries International Ltd, said "we are in the camp of a US recession in the second half" and expects data to weaken going forward. While recession worries are dominating the news, our Trade of the Day Plus portfolio has been on fire. Yesterday two of our picks, Las Vegas Sands (LVS) and NRG Energy (NRG), popped in premarket trading and saw big gains overall. We also have Head Fundamental Tactician Karim Rahemtulla sharing his new "Super Income System" that could position members for 68 big payouts throughout the year. Isn't it time you got in on the action? Click here to join Trade of the Day Plus. Here's a look at the top-moving stocks this morning. Mullen Automotive, Inc. (Nasdaq: MULN) Mullen Automotive is up 28.57% premarket after the emerging electric vehicle manufacturer announced test results of its recently acquired joint venture technology. The results were strong, as the technology increased EV vehicle range by 60-70%. It also substantially increased efficiency more than any current EV battery. The company filed a patent application covering the technology. With breakthroughs like this, it's crucial to consider up-and-coming electric vehicle makers. Right now our friend Andy Snyder is pounding the table on a little-known group that the The Wall Street Journal says could be the next Tesla. Its car has a 1,080-horsepower engine, a zero-to-60 time of 2.5 seconds and a top speed of nearly 170 miles per hour. That's faster than the Ferrari F8 – yet it's 100% electric. Click here to learn more about this potentially revolutionary EV startup. ContextLogic (Nasdaq: WISH) ContextLogic is up 20.33% premarket after announcing a $50 million share repurchase program. ContextLogic is one of the world's largest mobile ecommerce platforms, and its new program will authorize the repurchase of up to $50 million shares of its Class A common stock. The truth about trading is you don't have to risk money on cryptocurrency or a flash-in-the-pan pot stock. We use only battle tested strategies in The War Room. One of our most popular is "overnight trading." We find boring companies that have a chance to see a major upside or downside move, and make simple trades at the end of the day for a chance to double our money. Click here to learn more about how overnight trading works. |
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