Electric Vehicle Company Drops…
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 his picks for the week.
Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were up on Monday in what could be a big week for the markets. New inflation and economic growth readings plus the start of big tech earnings will show investors if we’re in for a course correction or the start of something bigger.
With earnings and big data on tap, we’re ready to start making moves in The War Room. This past week Karim has been writing about position sizing and using stop losses to manage risks, and right now we’re guaranteeing you’ll receive 252 winning trades in your first 12 months of membership.
Click here to unlock The War Room.
Here’s a look at the top-moving stocks this morning.
Tesla, Inc. (Nasdaq: TSLA)
Tesla is down 3.30% in premarket trading after the electric vehicle company slashed prices for the price of its Full Self-Driving. The cost is now $8,000 instead of $12,000. Tesla also cut China prices on the Model Y and 3 by $1,972, as it faces extreme pressure in the China market where rivals are rolling out new models for lower prices.
Informatica (NYSE: INFA)
Informatica is down 6.48% in premarket after reports of a potential deal with Salesforce fell through. The deal would have ranked as the largest ever by Salesforce.