Friday, June 9, 2023

Carvana is STILL going up...

Trade of the Day Wake-Up Watchlist

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures nudged lower on Friday. Investors are showing reluctance to take big positions ahead of next week's interest rate decisions from the Fed and the European Central Bank. Another rate hike could be coming, however the cooling labor market is supporting the case for the Fed pausing temporarily.

If the Fed pauses rates (even temporarily), it would bode well for our Head Fundamental Tactician Karim Rahemtulla's Super Income portfolio. Karim's portfolio is designed to hand you 68 potential payouts throughout the year, and he's so confident he believes he'll make $1 million on the investment within 5 years.

Click here to gain exclusive access to Karim's Super Income portfolio.

 

Here's a look at the top-moving stocks this morning.

Carvana (NYSE: CVNA)

Carvana is up 4.37% premarket, building on the stock's biggest single-day advance on record. Carvana shocked Wall Street analysts by projecting adjusted profits of approximately $50 million, in stark contrast to the expected $6 million loss. Additionally, the company's profits per unit, a significant industry metric, are expected to rise to $6,000. The unexpected forecast caused Carvana's stock to soar by 56% in the previous session, marking the largest single-day gain on record. This development caught many investors off guard, particularly those who had shorted the stock, resulting in significant year-to-date losses of over $1 billion.

While many investors were surprised, our Lead Technical Tactician Nate Bear was all over this trade. If you read Nate's article on Tuesday, you'll know he got positioned on the CVNA June 16 $15 calls after he saw a squeeze. The result was a staggering 255% winner in 2 trading days.

Don't miss out on the next trade from Nate. Click here to join Daily Profits Live.

 

Tesla, Inc. (Nasdaq: TSLA)

Tesla is up 5.53% premarket as its stock reached its highest levels since September. The surge followed an agreement with General Motors (GM) that permits GM to utilize Tesla's charging station network. This partnership comes shortly after a similar deal with Ford Motor Co (F) was announced, resulting in all three major U.S. automakers utilizing the Tesla North American Charging Standard (TNACS), which comprises 12,000 fast chargers. GM has committed to adapting its vehicles to fit the TNACS by 2025, and CEO Mary Barra estimates potential savings of up to $400 million for the company.

 

"Leaked" Fed Report Reveals Bombshell Admission...

If You Buy After the Opening Bell, You've ALREADY LOST

The explosion of a nuclear bomb
 

Decades of Verified Data Shows the EXACT Time You Should Be Trading for +1,700% Returns Over Last 30 Years...

Don't Put Another $1 in the Market Until You Know About This "Secret Profit Window"

Docusign (Nasdaq: DOCU)

Docusign is up 6.21% premarket after the online signature provider reported better-than-expected earnings for the first quarter and raised its near-term outlook. The company's earnings of 72 cents per share exceeded Street estimates by approximately 20 cents on a non-GAAP basis. Additionally, DocuSign achieved a 12.3% increase in revenue, reaching $66.1 million, surpassing analysts' expectations. For the full year, DocuSign anticipates sales to grow to a range of $2.71 billion to $2.73 billion, partly due to an expanded partnership with Microsoft (MSFT), where the tech giant will utilize DocuSign's products and services in its contract management workflows.

Our Lead Trading Tactician Bryan Bottarelli got positioned on an overnight strangle on DOCU yesterday afternoon in The War Room.

Click here to see how overnight trading could double your money overnight.

 

What does a perfect stock look like?

Our friend Alexnader Green has a proven track record for identifying stocks BEFORE they become household names. The truth is many families fund their entire retirement on a single stock play. And right now he's showing traders how a $4 investment could be the cornerstone of your retirement portfolio. The company he's looking at is expected to generate more slaes than IBM, Facebook and Tesla, yet it trades for a fraction of those stocks.

Click here to see his track record and why he believes this stock is "The Perfect Stock."

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

The Ultimate Passive Income Play

isometric happy businessman and money working
 

The #1 income play for 2023 is NOT a stock, bond or private company...

Rather, it's a little-known alternative investment that could hand you big monthly income from oil and gas.

Find Out What It Is Right Here

No comments:

Post a Comment

Volatility Sets Up a Black Friday Trade

Plus, new Power Factor stocks for your watchlist…   November 25, 2024 Volatility Sets Up a Black Friday Trade ...