Wednesday, April 17, 2024

Airline Company Soars...

Trade of the Day Wake-Up Watchlist

Attention Traders: Tensions in the Middle East have sent the markets into panic mode over the last few days. It's why our tacticians Bryan Bottarelli and Karim Rahemtulla are showing Catalyst Cash-Out members how to adjust their portfolios accordingly.

Click here to join the community today and get access to Karim and Bryan's next pick on Tuesday at 2 p.m. EST.

Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures are up on Wednesday after a few top European companies boosted the mood. Consumer products led a 0.7% advance in the Stoxx Europe 600, signaling a potential rebound after three straight loss days.

The market has been moderately tough over the last few days, but our trade tacticians have seen this kind of activity before. That's why our Head Fundamental Tactician Karim Rahemtulla is showing traders how to "stress test" their portfolio in The War Room. The truth is that panic is never a good strategy, and it's best to learn how to get where Warren Buffett is hanging out – greedy when others become fearful.

Click here to see why Karim is suggesting long-term LEAPs trades and spreads in The War Room today.

 

Here's a look at the top-moving stocks this morning.

United Airlines (NYSE: UAL)

United States is up 5.30% in premarket trading after its first-quarter financial results, posting an adjusted loss significantly narrower than anticipated and a robust 10% increase in revenue to $12.5 billion, driven by strong travel demand. The company also provided an upbeat outlook for the second quarter, with projected earnings surpassing analysts' estimates, and reaffirmed its full-year earnings forecast.

 

ASML Holding (Nasdaq: ASML)

ASML Holding is down 3.95% in premarket after reporting first-quarter orders for its chips. The semiconductor company said orders slipped to 3.61 billion euros (U.S. $3.83 billion) in the three months to the end of the March from 3.75 billion euros a year earlier.

 

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J.B. Hunt Transport Services (Nasdaq: JBHT)

J.B. Hunt Transport Services is down 7.85% premarket after posting a big Q1 earnings miss. Management called out "weakened demand" and higher equipment costs as the main factors. The company's truckload segment turned in a small profit as loads of yields declined.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

We Could Be Less Than 3 Months Away From an AI Super-Event

According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. Click here.

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