Thursday, May 2, 2024

The "JPow Pop..."

Trade of the Day Wake-Up Watchlist

Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures advanced on Thursday as more corporate earnings pour in and Fed news eases markets. Yesterday Federal Reserve Chairman Jerome Powell ruled out any interest rate hikes for the forseeable future despite stubborn inflation rates.

Yesterday our Head Trading Tactician Bryan Bottarelli took advantage of the "JPow pop" in The War Room. He closed two winning trades, including a 13.94% gain on FSLY in less than 1 trading day and a 9.63% gain on UPWK in 1 trading day.

Click here to see how Bryan closes trades for gains in less than 24 hours in The War Room.

 

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

Carvana (NYSE: CVNA)

Carvana is up 37.38% in premarket trading after the online car retailer slayed its earnings. It sold 91,878 vehicles retail, or 16% more year on year. Shares came in 32% higher at $114.70 and revenue was at $3.06 billion, up 17% from a year ago. The stock had been consolidating since March, but now it's set to shoot higher.

 

Qualcomm Incorporated (Nasdaq: QCOM)

Qualcomm is up 5.11% in premarket after posting strong earnings due to diversification efforts paying off. The San Diego-based company recorded additional QCT Automotive revenues for the third consecutive quarter. It also earned an adjusted $2.44 a share on sales of $9.39 billion in the quarter ending March 24.

 

Discover the 3-Minute Secret to Wealth

Alexander Green reveals how a 3-minute discussion transformed his investment strategy and wealth... top gains of 227% in 22 days... 754% in 60 days... 439% in 90 days... and even 1,163% in 100 days.

Click to discover what he learned.

eBay Inc. (Nasdaq: EBAY)

EBay is down 3.37% in premarket trading despite solid first-quarter earnings. The online marketplace company's second-quarter guidance fell short of estimates, with the latest results showing eBay continues to struggle with top-line growth. For the June quarter, eBay is projecting revenue of between $2.49 billion and $2.54 billion, which was below Wall Street estimates of $2.56 billion.

Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on an overnight trade on EBAY in The War Room.

Click here to unlock that trade.

DoorDash (Nasdaq: DASH)

DoorDash is down 11.74% in premarket trading despite beating revenue expectations of $2.45 billion by posting revenue of $2.51 billion. However, the company's weak outlook was just shy of estimates, forecasting second-quarter gross order value of $19 billion, which was below FactSet estimates for $19.22 billion.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

How a 3-Minute Chat with a Costco Manager Led to Incredible Gains

What if a brief chat at a basketball game could lead to unimaginable wealth?

That's what happened to Alexander Green... A short conversation led to 100-fold gains over his career.

Dive into the story of the mysterious Costco manager who changed everything.

Click now to find out more.

No comments:

Post a Comment

Your Weekly Recommended Reads

Powered by AI, personalised for you Catch up on key news and analysis from the week gone by with The Business of Fashion's My...