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Trade of the Day Wake-Up Watchlist

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures rose on Thursday. The boost comes after concerns of a potential US default eased, fueling optimism that the country could avoid an economic downturn. S&P 500 futures indicated further gains, and US regional banks, including Western Alliance Bancorp and PacWest Bancorp, maintained their positive momentum in premarket trading (more on that below).

The markets have been fluctuating as of late, but that doesn't mean you have to suffer when the S&P, Dow or Nasdaq are in free fall. Our Head Trading Tactician Bryan Bottarelli is telling readers about a new index that's been hidden from average investors since 1993. It follows a "Secret Profit Window" that's been shown to potentially mitigate negative returns in the market. And Bryan reveals exactly how to trade this index in the video below.

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

Take-Two Interactive (Nasdaq: TTWO)

Take Two Interactive is up 11.35% premarket after the leading video game publisher surpassed analysts' expectations for quarterly adjusted sales, driven by strong demand for popular titles such as "NBA 2K" and "Grand Theft Auto." This positive performance led to an 8% increase in the company's shares during after-hours trading. Take-Two also announced its plans to release 36 video game titles by 2025 and 2026, with projected net bookings of $8 billion in 2025 and over $1 billion in operating cash flow.


Bath & Body Works (NYSE: BBWI)

Bath & Body Works is up 11.70% premarket after the retailer exceeded profit expectations for the first quarter, benefiting from increased product prices that offset cost pressures and a demand slowdown. As specialty retailers like Bath & Body Works face rising expenses related to transportation, raw materials, labor, and supply chain, they have strategically implemented price increases to protect profit margins.


Legendary Investor Paul Tudor Jones Predicts "Violent Death" for Putin

Putin Stressed

Source: Wikimedia Commons


Few people know this, but Putin just made the single biggest mistake of his life. It's not invading Ukraine... but it could have a profound effect on world markets. A market expert breaks down the opportunity here.

Cisco (NYSE: CSCO)

Cisco is down 4.43% premarket after reporting a decline of 23% in orders for the past quarter. Despite the company's sales and profit forecast surpassing expectations. Cisco now expects full-year revenue growth of 10% to 10.5%, up from the previously predicted 9% to 10.5%. The adjusted earnings per share target has been raised to a range of $3.80 to $3.82, compared to the previous target of $3.73 to $3.78.

We got positioned on an overnight trade on CSCO yesterday in The War Room.

Click here to get this trade and learn how overnight trading could help you make money while you sleep.


PacWest Bancorp (Nasdaq: PACW)

PacWest is up 6.83% premarket after shares of Western Alliance (WAL), a regional bank, saw a significant increase. Western Alliance announced a rise in deposits. As of May 12, deposits reached $47.6 billion, indicating a $2 billion increase from the end of the first quarter and a $200 million increase from the previous update on May 8. The stock surged by 10% in response to the news. Western Alliance, like other regional banks, faced challenges during the first quarter, losing 11% of its net deposits following the failures of Silicon Valley Bank and Signature Bank. However, the positive deposit growth reflects a recovery for the bank.

As the banks improve and market sentiment eases, it's very possible the Federal Reserve could stop raising interest rates. If that happens and inflation also goes down, it could create what our Head Fundamental Tactician Karim Rahemtulla calls a "Super Income" opportunity. This investment idea has the chance to pay you capital gains as well as income – and Karim believes he'll make $1 million on this investment within five years.

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Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

The New King of Electric Vehicles

Electric Car Stats

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