Customer Base Propels Clothing Stock

Popular yoga pants provider sees 14% premarket surge.‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stocks rose following the debt ceiling deal in Congress. Now traders are turning their attention to upcoming US jobs data, which could provide clarity on the Federal Reserve's monetary policy. Futures for the S&P 500 and Nasdaq 100 rose, indicating potential gains for US equities, particularly in the tech sector. Crude oil and industrial metals also popped, leading to a surge in the mining and energy sectors. Energy was a big winner in 2022 and our friend Marc Lichtenfeld is telling traders about another energy investment completely outside the stock market in 2023. Click here to see how this play could have you collecting monthly income over and over again…for life. Here's a look at the top-moving stocks this morning. Lululemon Athletica (Nasdaq: LULU) Lululemon is up 14.70% premarket after the release of a strong report for the first quarter of fiscal 2023 (ending April 30). The company's results surpassed market expectations for both revenue and earnings, leading to increased investor enthusiasm. Moreover, Lululemon's management has revised its full-year guidance upwards for both top-line and bottom-line performance. Despite the overall trend of consumers reducing their spending on apparel and discretionary items due to economic concerns and high inflation, Lululemon's consistent revenue and earnings growth can be attributed to factors such as its affluent customer base, which tends to be less impacted by challenging macroeconomic conditions. Dell Technologies (NYSE: DELL) Dell Technologies is down 3.10% premarket despite the computer giant surpassing Wall Street's expectations for its fiscal first quarter. The company, based in Round Rock, Texas, reported adjusted earnings of $1.31 per share on sales of $20.92 billion for the quarter ending May 5. Analysts had anticipated earnings of 86 cents per share on sales of $20.27 billion, according to FactSet. However, Dell's earnings decreased by 29% and sales declined by 20% compared to the previous year. Yesterday we got positioned on an overnight trade on DELL in The War Room. Click here to unlock that trade. "The Single Most Predictable, Profitable, Income-Gushing Investment of My 40-Year Career" - Alexander Green Thanks to a major mistake by Vladimir Putin... Wall Street is now projecting a rise from $30 to $280 for one energy stock. The company has seen profits rise 2,400% since 2020... it pays a 10% dividend... and it's now able to make up to $200 million per shipment of its product. Here's everything you need to know from legendary stock picker Alexander Green... Cleveland Cliffs (NYSE: CLF) Cleveland Cliffs is up 4.42% premarket. CLF's short-term technical score of 17 indicates that the stock has traded less bullishly over the last month than 83% of stocks on the market. Plus, its Jul, 2023 $3 call had some of the highest implied volatility of all equity options on Wednesday, meaning investors are expecting a big move in one way or another. Over the last 60 days, four analysts have increased their earnings estimates for the current quarter, while none have dropped their estimates. Our Head Fundamental Tactician Karim Rahemtulla has been tracking insider buying on CLF as part of his Insider Matrix. Click here to unlock his insider matrix portfolio and see exactly how he's trading this stock. MongoDB Inc. (NYSE: MDB) MongoDB Inc. is up 26.23% premarket after the up-and-coming cloud database company exceeded expectations in its first-quarter earnings report. The company reported a 29% increase in revenue to $368 million, driven by growth in both subscription and services revenue. Adjusted net income nearly tripled to $45.3 million, equivalent to $0.56 per share. Chargepoint Holdings, Inc. (NYSE: CHPT) Chargepoint Holdings is down 4.82% premarket after it provided discouraging revenue guidance for the current quarter following a mixed report for its fiscal first quarter. As a result, CHPT stock declined in after-hours trading, despite rallying prior to the earnings report. The earnings report coincided with an electric vehicle (EV) charging agreement between Tesla (TSLA) and Ford (F) in late May. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team He DOUBLED His Money in Minutes While Picking Up His Kids From School... Nate Bear used to work long hours in construction... Then... he discovered a trading secret that allowed him to take $37,000... And rake in $2.7 MILLION in profits over four years. He even captures 111% gains in minutes - while waiting to pick up his kids from school! 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