-->

Bank Pops on Recent Sale

Post a Comment
Trade of the Day Wake-Up Watchlist

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures dipped on Tuesday following a significant debt ceiling meeting between President Joe Biden and House Speaker Kevin McCarthy. The meeting, held at the White House on Monday evening, was described by McCarthy as "productive" and "professional." With just 10 days remaining until June 1, which marks the earliest possible date for a U.S. default, these discussions exhibited a more positive tone following an hour-long conversation.

The markets will remain volatile until the debt ceiling crisis is resolved, but there are still trading opportunities. Right now our Head Trading Tactician Bryan Bottarelli is telling readers about "The Next Major American Index." It's been hidden from investors since 1993, and a fed report recently uncovered it.

Click here to learn more about this "Secret Profit Window" and how it generated 17x returns in 30 years.

 

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

PacWest Bancorp (Nasdaq: PACW)

PacWest (PACW) is up 15.33% in premarket trading as the troubled regional bank divested its real estate loans. The bank is selling a portfolio of 74 real estate construction loans worth $2.7 billion to Kennedy Wilson Holdings at a $300 million discount, as stated in the filing. Pending approvals, the deal will also include an additional six loans totaling $363 million.

 

DICK'S Sporting Goods (NYSE: DKS)

Dick's Sporting Goods is up 4.11% premarket following its latest earnings report. The company reported non-GAAP earnings per share (EPS) of $3.40, surpassing expectations by $0.19. Additionally, its revenue stood at $2.84 billion, showing a year-over-year growth of 5.2% and beating estimates by $40 million. Dick's Sporting Goods achieved a 3.4% increase in comparable store sales during the first quarter, primarily driven by a 2.7% rise in transactions and higher average ticket prices.

Yesterday we got positioned on an overnight trade in DKS in The War Room.

Click here to unlock that trade.

 

He Picked Apple at $1... and Netflix at $2... Now He's Invested $100K Into This $3 Stock

Alex talking outside
 

CLICK HERE TO FIND OUT WHAT IT IS

Toyota Motor Corp. (NYSE: TM)

Toyota Motor Corp. is down 0.93% premarket following a broader downturn in the Japanese stock market. The company's stock recorded its largest decline since March 2022 and resulting in a market value reduction of approximately $11 billion. The benchmark Topix index also closed 0.7% lower, reversing earlier gains due to news regarding Japan's restrictions on chip-technology exports, which prompted investors to take profits. Notably, a block of 14.5 million Toyota shares crossed at 1,857 yen per share at the market close, as reported by Bloomberg's data.

 

NCR Corporation (NYSE: NCR)

NCR is up 4.91% premarket after the ATM and financial software vendor is reportedly considering a sale of its digital banking business with a potential value surpassing $2 billion. The company has engaged in discussions with its financial advisers to explore the possibility of initiating a sale process for its digital banking unit. NCR previously announced plans in September to split into two separate publicly listed companies by the end of 2023, one focusing on its ATM unit and the other housing its digital commerce operations, which provide payment solutions to companies and small businesses.

The tech sector is undergoing a once-in-a-generation transformation and our friend Andy Snyder is showing readers a new tech group that's predicted to be worth up to $13 trillion by 2030. Companies like Microsoft and Amazon are already racing to get a piece of its technology before it goes mainstream.

Click here to discover the company behind the world's next big tech boom.

 

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

This Analyst Guaranteed 519% in One Year. He Delivered His Top Gain Ever of 2,381% in Just 10 Months on the Highest Portion

Overall, this play delivered 907% in less than a year.

Now he's locked onto his next big play...

And he aims to beat his 2,381% record.

Here's how.

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter