Weekly Stock Watchlist is here: It's Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Nate posted stellar trading results for his Daily Profits Live members last week. Overall, he went 13-for-14 for a 92.86% win rate, including a 135% winner on Nvidia (NVDA) in three trading days. Click here to join Nate as he continues his path to turn a $37,000 account into $1 million in verified trading profits. Click the image below to see Nate's weekly stocks to watch. Good morning Wake-up Watchlisters! While you're sipping coffee you'll see US stock futures were flat on Monday at the start of a data-packed week, including a crucial inflation reading to determine if the Federal Reserve's recent moves are lowering inflation numbers. After Apple's optimistic earnings and positive jobs data, US stock indices saw a late-week surge on Friday, with the Dow Jones Industrial Average recording its highest one-day percentage increase since January 6. Last week we took advantage of this surge in The War Room. On Thursday, we took a 104.42% overnight winner on Paramount (Nasdaq: PARA) and a 44.57% overnight winner on Qualcomm (Nasdaq: QCOM). Plus, we closed Carvana (NYSE: CVNA) for a 123.21% return (in two trading days) on Friday morning. Overall, we went a perfect 8-for-8 on our trades for a 100% win rate. Are you ready to start trading along with us? Click here to join The War Room. Here's a look at the top-moving stocks this morning. PacWest Bancorp (Nasdaq: PACW) PacWest Bancorp was up 32.47% in premarket trading and pulled up several regional bank stocks after announcing a cut in its quarterly dividend from 25 cents to 1 cent to accelerate capital. PacWest cited economic uncertainty, recent banking sector volatility, and potential changes in regulatory capital requirements as reasons for the cut. The bank also confirmed it is exploring strategic alternatives, which could include a fresh capital increase or the breakup of its Pacific Western Bank franchise from its other consumer and commercial lending businesses. PacWest had scrapped plans to raise capital in March and noted last week that 75% of its $28.2 billion deposit base fell within the FDIC's protection threshold. With the Federal Reserve likely pulling back interest rates for the foreseeable future and inflation cooling off, there's still time to take advantage of a rare opportunity we haven't seen since 2007. Our Head Fundamental Karim Rahemtulla is telling readers about his new "Super Income System." It's possible this system could hand you 68 payouts throughout the year, as long as you lock in your investments before June 14. Click here to learn more about the "Super Income System." |
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