Attention Traders: Yesterday our Head Trading Tactician Bryan Bottarelli announced his trading strategy for Nvidia.

Click here to learn more about overnight trading.

Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were slipping as investors prepare for the highly-anticipated Nvidia earnings release. Nvidia will report earnings after the bell today, and LSEG data shows consensus estimates calling for earnings and revenue to have risen 400% and 240% year on year.

Market catalysts like major tech stocks and key economic reports are exactly what we look to trade every week in Catalyst Cash-Outs. Bryan and Karim have been on fire with their picks, trading 3 winners for a perfect 100% win rate. Tomorrow they’re going live again to announce their trade for this week.

Click here to unlock Catalyst Cash-Outs today and get live access to Karim and Bryan every week.

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

Target (NYSE: TGT)

Target is down 8.20% in premarket trading after the retailer reported fiscal first-quarter earnings that missed analyst’ estimates. Revenue declined 3.1% to $24.5 billion and same-store sales fell 3.7%.

With earnings season winding down, there’s a little-known market force that our Lead Technical Tactician Nate Bear uses to trade stocks AFTER earnings. This strategy has been studied by Harvard University, and it’s been proven to provide returns as high as 2,614% on one trade in just 10 days.

Click here to learn more about how Nate uses this strategy for his own trading.

Viasat, Inc. (Nasdaq: VSAT)

Viasat is down 11.57% in premarket trading despite revenue jumping 73% to $1.2 billion. The fall was driven by its recent acquisition of Inmarsat. The satellite communications company said it expects revenue in fiscal 2025 to be roughly flat year over year. This went against analysts expecting a revenue increase of about 7%.

Urban Outfitters (Nasdaq: URBN)

Urban Outfitters is up 5.28% in premarket trading after the stock on the strength of its anthropologie brand and free people brands. Key sales rose 4.6% in the company’s retail segment. Overall revenue was also up 7.8% from a year earlier The Free People’s athleisure brand, in particular, helped drive growth.

Lululemon (Nasdaq: LULU)

Lululemon Athletica is down 4.31% in premarket trading after the athletic apparel and footwear company made some strategic organisational changes. For one, the company annoucned its Chief Product Officer Sun Choe would be departing later this month, and the company decided not to replace the role.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team