A Week of Potential Volatility…
Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Click the image below to see how he’s playing potential volatility this week with a ton of major companies posting earnings.
P.S. Nate has been on a tear in Daily Profits Live. Last month he closed a 50% winner on SMCI in less than 1 trading day and a 40.34% winner on the QQQ in less than 1 trading day.
Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see markets were mixed on Monday ahead of more earnings and a Federal Reserve monetary-policy decision this week. Tomorrow will be a big week for earnings as Microsoft, Google and General Motors report.
With over 400 companies total reporting earnings this week, Bryan and Karim are doing something special in The War Room. Tomorrow and Jan. 31, they’re opening up The War Room for FREE for two whole trading days.
Here’s a look at the top-moving stocks this morning.
SoFi Technologies (NYSE: SOFI)
SoFi Technologies is up 11.02% in premarket trading after posting strong fourth-quarter results. SoFi reported total net revenue of $1.37 billion for its Lending segment in 2023, an increase of 20% from the previous year. The Technology Platform segment saw record net revenue of $352.3 million for the full year, marking a 12% increase. The Financial Services segment also had a strong performance, with net revenue surging by 160% to $436.5 million for the full year 2023.
McGrath RentCorp (Nasdaq: MGRC)
McGarth RentCorp is up 9.26% in premarket trading due to reports of Willscot Mobile Mini nearing a deal to acquire the company. The deal is estimated to be worth more than $3 billion, indicating a significant valuation for McGrath Rentcorp.