Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were holding steady on Friday. Investors expect positions to end higher for the week ahead of Federal Reserve Chair Jerome Powell's speech from Jackson Hole. Powell's talk should leave with big implications for rate hikes after stocks suffered a major reversal on Thursday. With more potential rate hikes on the table, it's crucial to consider alternative ways to grow your income right now. Our friend Marc Lichtenfeld is pounding the table on a unique investment opportunity. It's not a stock or bond, and it could hand you monthly income over and over again… for life. Click here to unlock Marc's No. 1 play for 2023. Here's a look at the top-moving stocks this morning. Hawaiian Electric Industries (NYSE: HE) Hawaiian Electric is down 21.92% premarket after cutting its dividend in the wake of a new major lawsuit from Maui County. The County claims that negligent Hawaiian Electric operations caused the Aug. 8 fires in Lahaina, Kula and Olinda. It's calling for the power company to pay for damage to the property. Natural disasters like wildfires are becoming more severe and global temperatures have been increasing over time. In The War Room, our Lead Trading Tactician Bryan Bottarelli has been looking to find companies who will be in high demand as a result. Earlier this week Bryan closed multiple winning trades on a power equipment company, and both trades were closed in less than 1 trading day. Click here to learn more about how overnight trading could help you double your money in less than 24 hours. Affirm Holdings (Nasdaq: AFRM) Affirm is up 8.62% premarket after the buy now pay later company posted a 22% revenue jump in its fiscal fourth quarter. Its total revenue came in at $445.8 million, surpassing the Zachs Consensus Estimate by 10.30%. |
Post a Comment
Post a Comment