Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures fell on Friday after Federal Reserve Chairman Jerome Powell's latest warning. Powell said officials would move carefully but won't hesitate to tighten policy further if needed to contain inflation. For more information on how interest rates are affecting the markets, check out our Head Fundamental Tactician Karim Rahemtulla's latest article here. While the Fed's decisions are creating uncertainty in the economy, it's more crucial than ever to consider multiple trading strategies to find an advantage. Our Lead Technical Tactician Nate Bear has been following the major indexes all week, and yesterday he closed a 70% winner on SPY in 1 trading day by using his unique chart analysis system. Click here to learn more about Nate's latest trade. And if you're finally ready to level up your trading skills, click here to look over Nate's shoulder as he seeks to turn a $37,000 account into $1 million in verified trading profits. Here's a look at the top-moving stocks this morning. Unity Software (NYSE: U) Unity Software is down 14.78% premarket after missing analyst's expectations in Q3. Unity made a GAAP loss of $0.32 per share, improving from its loss of $0.84 per share in the same quarter last year. Its revenue came in at $544 million vs. $553 million as expected by analysts. Also, Unity opted this quarter to stop giving financial guidance. Our Lead Trading Tactician Bryan Bottarelli got positioned on U yesterday in The War Room. Click here to see how Bryan's overnight trades could double your money overnight. Plug Power Inc. (Nasdaq: PLUG) Plug Power is down 31.53% premarket after warning investors that it may not be able to survive its current cash squeeze. The hydrogen fuel cell provider saw its stock crash due to supply chain disruptions and a severe cash burn rate. It also posted weaker-than-expected third quarter sales of $199 million last night, due to what it described as "unprecendented hydrogen supply challenges." |
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