Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were little changed on Tuesday. All three futures (The S&P 500, Dow and Nasdaq) were broadly flat. This came off a rare upside move on Monday as August shapes up to be a losing month overall. More data on US consumer confidence and job openings later this week should clue investors in for what's ahead. While the markets have been down in August, we've been taking wins in The War Room. Last week our Head Trading Tactician Bryan Bottarelli closed a 166.25% winner on ANF in less than 1 trading day. Click here to see how overnight trading could lead to more massive winners like this. Here's a look at the top-moving stocks this morning. Oracle (NYSE: ORCL) Oracle is up 3.06% premarket after UBS analysts upgraded its rating from Neutral to Buy with a price target raised by $20 to $140 per share. The positive sentiment was due to UBS' growing conviction that Oracle has a clear advantage in its Graphics Processing Unit capacity and its Oracle Cloud Infrastructure architecture. As a result, analysts believe this could lead to more clients and increase the use of OCI services. Yesterday our Lead Technical Tactician Nate Bear featured ORCL in his Monday Morning Watchlist. Later that morning he got positioned on the stock and closed a winning trade in less than 1 trading day. He's looking to get back in on a pullback soon. Click here to get access to Daily Profits Live now. Best Buy (NYSE: BBY) Best Buy is up 1.04% premarket after posting solid Q2 revenues. The electronics company used discounts to offset a bigger-than-expected slump in same-store sales over the April quarter, and held to its full-year revenue forecast of between $43.8 billion and $45.2 billion. CFO Matthew Bilunas also indicated improved numbers could be in store over the back half of the year. Yesterday our Lead Trading Tactician Bryan Bottarelli got positioned on BBY before today's open. Click here to unlock that trade. |
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