Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stocks were lower once again on Thursday. Signs are pointing to an economy that's running hot, with the latest data showing services activity reached a six-month high in August. The unexpected consumer resilience could lead to the Federal Reserve keeping interest rates higher for longer. No matter what the Fed ends up doing with rate hikes, we'll be ready in The War Room. Last week Bryan and Karim finished with an 89% win rate on 9 total trades, including a massive 124.47% return on AMBA in 1 trading day. Isn't it time you joined? Click here to see how overnight trading could double your money while you sleep. Here's a look at the top-moving stocks this morning. GameStop Corp. (NYSE: GME) Gamestop is up 5.76% premarket after posting solid Q2 revenues. The video game retailer said group revenues rose 2.5% from last year to $1.164 billion, topping Wall Street forecasts. Overall, its shift from brick-and-mortar to online sales continues to support its top line. Apple (NYSE: APPL) Apple is down 2.99% premarket after reports show that Beijing is cracking down on iPhone usage by government employees. The news follows a similar update from yesterday, which indicated that China's senior officials have banned government employees from using iPhones for business purposes. The truth is... China has never really been our friend, and its leaders have been working to take down America since the 1970's. Right now China is on a mission to turn Americans into second-class citizens. Click here to see how the country is preparing to monopolize crucial technology in hopes of dominating the U.S. |
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