Oil on the Rise…

Attention traders: It’s Monday and our Lead Trading Tactician Nate Bear is giving you his weekly stocks to watch this week. Click the image below to see what he’s looking at.

Disclaimer: Due to tech issues, the Wake-Up Watchlist was delayed this morning and didn’t go out until after the market opened. Some of the information may be old, but we still think the information will be valuable for trading.

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were mixed on Monday. Soaring oil prices renewed worries of inflationary pressures and energy stocks are surging to start the week. This comes days after a slowdown in U.S. price data boosted market optimism.

With oil jumping 5.2% today, it’s important to see how you could profit from the latest surge. Right now our friend Marc Lichtenfeld is going over an alternative investment to profit off the 2023 energy surge. It isn’t a stock and it could hand you passive income over and over… for life.

Click here to learn more about this oil and gas surge investment.

Here’s a look at the top-moving stocks this morning.

World Wrestling Entertainment (NYSE: WWE)

World Wrestling Entertainment is down 5.80% premarket after the Endeavor announced it will merge with UFC. Upon close, Endeavor will hold 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company. On a combined 2022 fiscal year-end basis, UFC and WWE achieved revenue of $2.4 billion and a 10% annual revenue growth rate since 2019.

Marathon Oil (NYSE: MRO)

Marathon Oil is up 6.22% premarket after OPEC unexpectedly announced crude output cuts that threaten to tighten the market, delivering another inflation hit to the world economy. West Texas Intermediate soared as much as 8%, the biggest intraday move in more than a year.

We got in on an energy stock in early December at a $1.24 open price and right now it’s standing at a 13.71% gain.

Click here to unlock that trade.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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