Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures fell on Tuesday. The drop came amid more (you guessed it) news that the Federal Reserve won't cut interest rates any time soon. Fed policymaker Neel Kashkari said Monday that given the surprising resilience of the U.S. economy, the central bank will probably need to hike rates again and keep them high to cool inflation. Regardless of what the Federal Reserve does, our Head Trading Tactician Bryan Bottarelli has trading strategies that are proven to make profits consistently. In fact, Bryan has one specific type of trade that he makes every Wednesday that he guarantees an 80% win rate on. Click here to see why this strategy has a higher win rate. Here's a look at the top-moving stocks this morning. Tesla (Nasdaq: TSLA) Tesla is down 1.21% premarket after Europe warned carmakers that China-made cars sold in the EU are supported by unfair state-backed subsidies. A report suggested Tesla could be part of a European Commission probe into unfair subsides in the clean energy car market. If proven, the Commission could impose tariffs on Tesla's China-made cars that are sold in the EU above the current 10% rate. The International Energy Agency reported global additions of renewable power capacity are expected to jump by a third this year. However, the oil sector is still going strong - for now. That's why our friend Marc Lichtenfeld has been showing investors this alternative play in the energy sector. It's not a stock, bond or private company, and it could hand you monthly income over and over again… for life. Click here to discover Marc's No. 1 oil play for 2023. The Liberty SiriusXM Group (Nasdaq: LSXMA) Liberty SiriusXM group is up 10.87% premarket after it communicated a proposal to the Special Committee of the Board of Directors of Sirius XM Holdings Inc. The proposal outlined the terms of a combination of the Liberty SiriusXM tracking stock group with SiriusXM to form a new, consolidated public company. As part of the split-off, holders of each series of LSXM common stock would receive a number of shares of a single series of common stock of SplitCo. |
Post a Comment
Post a Comment