Shipping Group Plummets

Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures slipped on Wednesday. It was the first possible pullback after the recent record-setting rally. Eyes will be on upcoming data for clues as to whether the Fed can nail a “soft landing.”

It’s Wednesday and our Head Trading Tactician Bryan Bottarelli is announcing his latest pick. Every week Bryan takes advantage of a unique market phenomenon and places one simple trade. Right now he’s guaranteeing an 80% win rate on this weekly trade.

Click here to unlock his pick before it’s too late.

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

FedEx Corporation (NYSE: FDX)

FedEx is down 11.69% in premarket trading after missing earnings expectations. Operating income for its air-based Express unit dropped 60% during the quarter as a result of volatile macroeconomic conditions and lower demand from the U.S. Postal Service.

General Mills (NYSE: GIS)

General Mills is down 2.62% premarket after shares fell due to a drop in sales for its recently ended quarter. Lower demand for snacks and breakfast foods contributed to the dip and GIS now expected slower recovery in sales volumes for the current fiscal year.

Our Head Trading Tactician Bryan Bottarelli got positioned on GIS yesterday in The War Room.

Click here to unlock that trade.

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