Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures dropped on Friday. Investors will be looking for clues in today's June jobs report to confirm data that shows signs of a resilient economy. Also, the Fed is still looking hawkish, and it's likely we see another 25 basis point hike later this month. But no matter what side of the bed Jerome Powell gets up on, we'll be ready in The War Room. Last week Bryan and Karim closed 22 winning trades for an 88% win rate, and right now they guarantee you'll receive 252 winners in your first 12 months of membership. Click here to unlock The War Room. Here's a look at the top-moving stocks this morning. Levi Strauss (Nasdaq: LEVI) Levi Strauss is down 6.75% premarket after the clothing maker posted lower-than-expected sales for the second quarter. It also trimmed its full-year profit forecast, as higher expenses hurt its bottom line. The revised guidance came after a mix of second quarter earnings, which showed adjusted profits of 4 cents per share on revenues of $1.3 billion. Costco Wholesale (Nasdaq: COST) Costco Wholesale is down 0.81% premarket after the wholesale retailer posted muted sales growth for the month of June. Costco said sales for the five weeks ending on July 2 rose 0.4% from last year to $22.78 billion. However, comparable sales were down 1.4%. The company cited weaker spending on higher-priced items as the main reason for the lower numbers. |
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