Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures are primed for another rally heading into the opening bell. Yesterday investors embraced the idea of cooling inflation putting a halt to rate hikes. Upcoming quarterly results from TJX should give more clues into consumer spending patterns today. As earnings season continues, it's crucial to consider how stocks behave AFTER reporting numbers. Our Lead Technical Tactician Nate Bear is letting readers in on a vital chart phenomenon called the "post earnings surge." He uses it to trade just ONE TICKER over and over again for maximum potential gain. Click here to see how Nate's ONE TICKER payouts could lead to profits of up to 2,614% in under 11 days! Here's a look at the top-moving stocks this morning. Target Corporation (NYSE: TGT) Target Corporation is up 14.41% premarket after crushing earnings estimates. Earnings for the three months ending on October 28 came in at $2.10 a share, which was a 36.4% increase from the same period last year. Profit margins were up by 300 basis points, or 3 percentage points, from last year's quarter to 27.4%, Target said. JD.com, Inc. (Nasdaq: JD) JD.com is up 4.72% premarket after the Chinese e-commerce giant beat analyst estimates for quarterly profit and revenue. It cited strong product performance and also cost cutting as the reason for the gain. Revenue came to $247.7 billion in the September quarter, versus the $246.6 billion average analyst estimate. |
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