Liberty Media Proposes Merger

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures fell on Tuesday. The drop came amid more (you guessed it) news that the Federal Reserve won’t cut interest rates any time soon. Fed policymaker Neel Kashkari said Monday that given the surprising resilience of the U.S. economy, the central bank will probably need to hike rates again and keep them high to cool inflation.

Regardless of what the Federal Reserve does, our Head Trading Tactician Bryan Bottarelli has trading strategies that are proven to make profits consistently. In fact, Bryan has one specific type of trade that he makes every Wednesday that he guarantees an 80% win rate on.

Click here to see why this strategy has a higher win rate.

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

Tesla (Nasdaq: TSLA)

Tesla is down 1.21% premarket after Europe warned carmakers that China-made cars sold in the EU are supported by unfair state-backed subsidies. A report suggested Tesla could be part of a European Commission probe into unfair subsides in the clean energy car market. If proven, the Commission could impose tariffs on Tesla’s China-made cars that are sold in the EU above the current 10% rate.

The International Energy Agency reported global additions of renewable power capacity are expected to jump by a third this year. However, the oil sector is still going strong – for now. That’s why our friend Marc Lichtenfeld has been showing investors this alternative play in the energy sector. It’s not a stock, bond or private company, and it could hand you monthly income over and over again… for life.

Click here to discover Marc’s No. 1 oil play for 2023.

The Liberty SiriusXM Group (Nasdaq: LSXMA)

Liberty SiriusXM group is up 10.87% premarket after it communicated a proposal to the Special Committee of the Board of Directors of Sirius XM Holdings Inc. The proposal outlined the terms of a combination of the Liberty SiriusXM tracking stock group with SiriusXM to form a new, consolidated public company. As part of the split-off, holders of each series of LSXM common stock would receive a number of shares of a single series of common stock of SplitCo.

Williams-Sonoma Inc. (NYSE: WSM)

Williams-Sonoma is down 0.69% premarket on a pullback after its stock was up 11% in after-hours trading. Private equity firm Leonard Green & Partners has been increasing its stake in the retail company. They now have a 5% ownership stake in WSM. Williams-Sonoma is up 11% over the last month and 36% year-to-date.

While the Nasdaq and S&P500 have been down in what’s been a weak September for the markets, Bryan and Karim have been crushing in The War Room. Last week they went 5-for-5 on their trades for a perfect 100% win rate. Bryan closed a 12.10% winner on GM (in 5 trading days) and Karim closed a 28.89% premium capture on FLR in 45 trading days.

Are you ready to follow along and see how Bryan and Karim weather the storm in real time? Click here.

Sea Limited (NYSE: SE)

Sea Limited is down 1.00% premarket after climbing 12% in after-hours trading. One of Sea’s key competitors, Tik Tok, could see enhanced restrictions in Indonesia which would preserve more of Sea’s market share and make it a more viable market in which Sea could pursue expansion plans.

Gold is popular again

As inflation numbers continue to weigh on Americans, over 100,000 investors are buying up gold at a price not seen in years. Gold has outpaced some of the world’s best assets like stocks, bonds and real estate.

Click here to start investing in metals today.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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