An Epic Lawsuit

Good morning Wake-Up Watchlisters! While you’re sippin coffee you’ll see stock futures were steady on Tuesday. Yesterday all three major indexes closed at their highest levels since early 2022. However, investors are still cautious ahead of the latest consumer price index and the Federal Reserve’s interest rate decision – both announcements could be potential catalysts heading into 2024.

As we get closer to Wednesday, it’s important consider a unique trading strategy our Head Trading Tactician Bryan Bottarelli uses every week. Bryan is going to prove to you that this stock picking method works – which is why he’s guaranteeing an 80% win rate by placing one trade every single week.

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

Oracle Corporation (NYSE: ORCL)

Oracle is down 8.79% premarket after reporting mixed results for the second quarter. Its adjusted earnings of $1.34 per share topped Wall Street estimates of $1.33, but adjusted revenue of $12.94 billion was less than the expected $13.05 billion. Oracle CEO Safra Catz says in the release that demand for the companies Cloud Infrastructure and Generative AI services is “increasing at an astronomical rate.”

Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on ORCL in The War Room.

Click here to learn more about how you could profit on a stock if it goes down.

Alphabet Inc. (Nasdaq: GOOG)

Alphabet Inc. is down 0.76% premarket after a landmark legal case. A US court ruled that Google broke anti-monopoly laws with its Android app store. A jury in California unanimously ruled in favor of Epic Games, the video game company behind Fortnite, which sued Google in 2020 claiming the company abused a dominant position in the smartphone market to extract unfair frees from app makers.