Target Faces Pride Backlash

Retailer reports higher profits but guidance falls after poor sales. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were up slightly on Wednesday. Shares of Target Corp. jumped (more on that below) and China's economic woes continued to weigh on markets. The key inflation print in the UK held steady at 6%, which was higher than expected and could spur bets the central bank tightening policy will be in place for longer. When inflation is stifling economic growth, it's important to consider investments that can provide stability. Right now investors are pouring money into these hard assets at a pace not seen in years. Click here to join over 100,000 people who are buying and holding metals 24/7, with just a few taps on your phone. Here's a look at the top-moving stocks this morning. Target Corp. (NYSE: TGT) Target is up 8.63% premarket after profits came in above expectations. However, its guidance fell due to poor sales and a negative reaction to its pride merchandise. Target said it will modify its Pride Month promotion next year. It also expects comparable sales in a wide range around a mid-single digit decline for the reminder of the year. CAVA Group (NYSE: CAVA) CAVA is up 11.88% premarket after the Mediterranean chain reported a second-quarter earnings beat. It was the first quarterly report since its IPO in 2023, and the company turned profitable. Its revenue jumped 62.4% year over year and same-store sales moved higher, up 18.2%. Earnings day can be a big catalyst for a stock's direction. However, there's another phenomenon that can happen weeks after earnings day. It's called the "post earnings surge" and our Lead Technical Tactician Nate Bear is now trading just ONE Ticker after its earnings to potentially take advantage of these major opportunities. Click here to learn more about One Ticker Payouts. Financial Bestseller DESTROYS the Big Banks in New Video Find out the "Magic Code" that can FORCE the big banks to pay you up to 255 times more income... how to make BIG income off even your checking account... the secret way to buy gold with ZERO downside... and more. Mercury Systems (Nasdaq: MRCY) Mercury Systems is down 10.61% premarket after turning in an earnings surprise of -79.63%. It came out with earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.54 per share. Over the last four quarters, the company has surpassed consensus EPS estimates two times. AI and tech stocks like Nvidia have been carrying the S&P 500 so far in 2023. However, there's also a lesser-known stock that's seen a 156% rise in 12 months, and our Lead Fundamental Tactician Karim Rahemtulla believes it still has more room to grow. Click here to unlock Karim's latest top pick. H&R Block (NYSE: HRB) H&R Block is up 5.90% premarket after posting quarterly earnings of $2.05, beating Wall Street's expectations of $1.88, according to Refinitiv. Its $1.03 billion in revenue was higher than the $1.01 billion analysts expected. It also increased its quarterly dividend 10.3% to $0.32 from $0.29 and raised its full-year guidance. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team Trump's Former National Security Advisor Warns of Chinese Plot... China is about to do the previously unthinkable... Trump's former national security advisor says, "Xi Jinping is preparing the Chinese people for war." NOW is the time to act to protect yourself... >>> SEE THE DETAILS OF CHINA'S EVIL PLOT <<< Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? 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