Attention Traders: It’s an election year and our Head Trading Tactician Bryan Bottarelli has a special bonus video for you today. Today he’s showing you a stock to trade based on political ad spending in 2024. Click the image below to learn more.

Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see U.S. equity futures rose slightly after yesterday’s sell-off. The losses yesterday came after Fed Chair Jerome Powell discouraged investor hopes for a rate cut as soon as March.

There’s still a lot of companies reporting earnings today, including e-comm giant Amazon. Yesterday our Lead Technical Tactician Nate Bear opened a trade on Amazon in Daily Profits Live, and he believes this company could keep going higher after earnings today.

Click here to get all of Nate’s trades during earnings season.

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

Wolfspeed (NYSE: WOLF)

Wolfspeed is down 6.67% in premarket trading. The company’s fall may be tied to its recent financial report for the second quarter of fiscal 2024. Despite a revenue increase, Wolfspeed faced significant costs, including underutilization expenses at its Mohawk Valley facility, impacting its gross margins and overall financial performance​.

Our Head Trading Tactician Bryan Bottarelli opened on a trade on WOLF yesterday in The War Room.

Click here to see how Bryan’s overnight trading strategy could double your money in less than 24 hours.

Align Technology (Nasdaq: ALGN)

Align Technology is up 12.65% in premarket trading after better-than-expected fourth-quarter and fiscal 2023 financial results. They reported an increase in clear aligner volume and growth in certain regional markets, along with higher revenues from systems and services. Align Technology reported fourth-quarter revenues of $956.7 million, a 6.1% increase year-over-year. For the full fiscal year 2023, total revenues amounted to $3.9 billion.

Plug Power (Nasdaq: PLUG)

Plug Power is up 11% in premarket trading, likely driven by the company’s announcement of completing its first customer fill of liquid green hydrogen at its Georgia production facility. This milestone, marking the largest Proton Exchange Membrane (PEM) Electrolyzer deployment in the U.S., signifies a significant step in green hydrogen distribution, with the company supplying major clients like Walmart, Amazon, and Home Depot.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team