Attention Readers: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. After last week’s rally, he’s looking for a pullback and he also has one stock chart he’s looking to trade. Click the image below to see Nate’s weekly picks.
Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were steady on Monday, holding their strength from last week’s rally as investors await more Federal Reserve speculation. Traders are currently pricing in about a 30% chance of a first Fed rate cut in March.
If a pullback does happen after last week’s rally, we have a new strategy that allows us to actually root for the markets to go down. Last week, we made an 88% overnight gain on our newest Dark Ticker trade format. It’s all part of our latest elite MTA Inner Circle package.
Here’s a look at the top-moving stocks this morning.
Microsoft Corporation (Nasdaq: MSFT)
Microsoft Corporation is up 1.74% premarket after hiring former OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” the software conglomerate’s chief Satya Nadella said Monday. Less than one week after being abruptly fired at OpenAI, Altman will now serve as the chief executive of the new AI group at Microsoft.
Brighthouse Financial (Nasdaq: BHF)
Brighthouse Financial is up 5% premarket after the board of directors of Primerica, Inc. authorized a share buyback program to return more value to investors. The latest authorization will allow the company to spend up $425 million repurchase its common stock through next year.
Those are the biggest stock movers for today.
The Wake-Up Watchlist Research Team