Exxon Mobil Eyes Takeover

Attention Traders: It’s Monday and our Lead Trading Tactician Nate Bear is kicking off the new trading week with his weekly stocks to watch. Click the image below to see his picks.

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were mixed on Monday as traders return from Easter break. It’s expected the Federal Reserve will continue to hike rates due to Friday’s jobs data highlighting a still-strong labor report. This week the focus will shift to consumer data, as well as first quarter results from big U.S. banks including JPMorgan Chase & Co, CitIgroup Inc. and Wells Fargo.

The bank crisis had everyone in a tizzy, but we focused on playing the dips in The War Room and positioned ourselves on Schwab for a 38% winner back in March. We’re already positioned on several banks and looking for more winners. To find out how we’re playing this week’s bank earnings, click here to join The War Room.

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

Pioneer Natural Resources (NYSE: PXD)

Pioneer Natural Resources is up 8.09% premarket after reports of a possible takeover from Exxon Mobil. According to The Wall Street Journal, Exxon had informal talks with the Irving, Texas-based shale producer about a possible acquisition, with the paper citing the group as a “top target” for the use of its recent windfall profits from last year’s energy price surge.

Speaking of a windfall of profits, our friend Marc Lichtenfeld has been showing readers how they could profit off the latest oil and gas surge. It’s not a stock and the investment could hand you monthly income over and over again… for life.

Click here to discover this rare opportunity in the energy sector.

 

Micron (Nasdaq: MU)

Micron is up 5.89% premarket following a move by Samsung Electronics to cut near-term memory chip production and price target boost from Goldman Sachs. Samsung said Friday that it’s planning a ‘meaningful’ reduction in semiconductor production over the coming months to tackle what it described as a glut in global chip supplies and a pullback in consumer demand.

It’s crucial to understand why chip production is rising in the United States. Right now China has shown interest in potentially invading Taiwan (the producer of over 90% of the most advanced semiconductors) and if they succeed with their plan, they could turn Americans into 2nd-class citizens.

Click here to learn about the No. 1 mission-critical stock that’s in prime position to surge 525% due China’s attempted takeover of the chip industry.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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