| Good Morning Wake-Up Watchlisters! While you're pounding café lattes you'll see stock futures were up on Thursday. The move is a rebound after three straight losing days. Traders are breathing a sigh of relief as Federal Reserve Chairman Jerome Powell said he still expects to lower interest rates at "some point" this year in a speech he made yesterday. While the Federal Reserve's looming decision weighs on markets, we're using our own strategies to take winners in The War Room. Yesterday our Head Trading Tactician Bryan Bottarelli closed a 11.35% winner on TSM in less than 1 trading day. Click here to start following Bryan in realtime in The War Room. Here's a look at the top-moving stocks this morning. Lamb Weston Holdings (NYSE: LW) Lamb Weston is up 3.83% premarket ahead of its latest earnings report. Analysts are calling for a 31.9% year on year revenue increase to $1.65 billion, in line with the 31.3% year-over-year increase last quarter. Consumer staples have seen steady gains after earings in 2024, with the stocks up on average 1.6% over the last month. Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on LW in The War Room. Click here to see how Bryan locks in overnight trades for potential gains. Wayfair (NYSE: W) Wayfair is up 4.87% in premarket after the furniture provider received an upgrade from "in line" to "outperform" by Evercore ISI. The upgrade is due to optimism surrounding Wayfair's risk/reward profile, as the company implemented cost-cutting measures that have established a solid foundation for adjusted EBITDA. |
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