Attention Readers: We have an exciting announcement in the world of Artificial Intelligence. Manward's own Alpesh Patel will be hosting a live webinar on Wednesday, September 13 at 2 p.m. EST. During this live event, he'll be going over exactly how you can start tapping into the AI boom for your own portfolio. It's completely free to sign up. Click here to get on the guest list for the live AI webinar. Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures dipped on Friday. The markets are on track for a losing week due to concerns over potential interest rate hikes from the Fed. Those concerns were echoed after initial jobless claims came in at 216,000 - lower than the 230,000 anticipated by economists polled by Dow Jones. Right now investors are calling for a 50% chance the Fed will raise rates in November. Down markets can lead to fear of investing, but the truth is they actually create buying opportunities if you know what to look for. Back in 2022 when the markets saw their biggest dip since the housing crisis, our Head Fundamental Tactician Karim Rahemtulla was pounding the table on what he's calling "The Last Great Value Stock." Since last September, this stock has risen a whopping 198.91%, and Karim believes it still has more room to grow. Click here to unlock The Last Great Value Stock. Here's a look at the top-moving stocks this morning. Smartsheet (NYSE: SMAR) Smartsheet is up 9.02% premarket after the work management software company topped earnings estimates for the second quarter. The company reported an adjusted 16 cents per share on $235.6 million in revenue, beating expectations polled by FactSet of 7 cents per share and $229.6 million of revenue. Earnings Day is long thought of as a key catalyst for a stock's direction. However, there's another phenomenon called the "post-earnings surge" that actually offers multiple trading opportunities for potential gains. Our Lead Trading Tactician Nate Bear uses his chart analysis to find these opportunites, and he only trades ONE TICKER during this post-earnings time window over and over again. Click here to see his latest reveal before a potentially lucrative announcement on September 11. RH (NYSE: RH) RH is down 7.75% premarket after the luxury home furnishings company called for a weak outlook. It issued lower-than-expected guidance for third-quarter operating margin of 8% to 10% while Wall Street expected 16.1%, according to Street Account. Revenue for the third quarter also went below estimates, finishing between $740 million and $760 million, while analysts called for $773 million. |
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