A New CFO Shakes Things Up…
Attention Traders: It’s Monday and our Lead Trading Tactician Nate Bear is giving you his weekly stocks to watch. Today he’s talking about several big names like TSLA and NFLX reporting earnings this week, and with the indexes already seeing record highs, you’ll want to know which stocks he’s targeting for a continuation trend. Click the image below to learn more.
P.S. Nate has been crushing it in Daily Profits Live. Last week he closed a massive 427% return on SMCI in 2 trading days.
Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures rose on Monday as indexes inch toward another record high. Investors are becoming more optimistic about the economy after several tech stocks reported strong earnings and AI becomes more at the forefront of many major tech companies.
Here’s a look at the top-moving stocks this morning.
Archer Daniels Midland (NYSE: ADM)
Archer Daniels is down 11.64% in premarket trading after announcing a change in leadership. ADM appointed Ismael Roig as Chief Financial Officer. The move came after the company’s board decided to place the current CFO, Vikram Luthar, on administrative leave and cut its earnings pending an investigation into the agricultural trading giant’s accounting practices.
Nio, Inc. (Nasdaq: NIO)
Nio is down 3.63% in premarket trading after and dropped 18% overall last week. The EV industry as a whole has been slowing down, according to data from China. The China Passenger Car Association revealed a 21% drop in retail new energy vehicle sales in China between Jan. 1 and Jan. 14.
Those are the biggest stock movers for today.
The Wake-Up Watchlist Research Team