Good Morning Wake-Up Watchlisters! Feel the pull of Friday gains. Stock futures were up again this morning after a record-setting week as the probability of a reversal of interest-rate hikes spiked the indexes as well as investors’ spirits. Several corporates also reported earnings this morning, so break out the French-pressed coffee, plop down on your favorite chair and let’s look at the top movers.

While traders were worrying about the Fed this week, the tacticians were crushing it in The War Room. Our Head Trading Tactician Bryan Bottarelli closed two overnight winners, including a 24% winner on GIS in less than 24 hours. Not to be outdone, our Head Fundamental Tactician Karim Rahemtulla closed a 64% winner on RTX in 143 trading days.

What are you waiting for? 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 3.27% in premarket and the electric car maker’s stock has dropped by 9.81% in the past month. Tesla has reduced production at its plant in China, amid sluggish growth and increased competition in the world’s biggest auto market. Demand for electric cars has been slowing in China, the U.S. and Europe.

Lululemon Athletica (Nasdaq: LULU)

Lululemon is down 12.58% in premarket after CEO Calvin McDonald cautioned investors. McDonald said “there has been a shift in the U.S. consumer behavior of late.” Shares fell to $428, which is new for the clothing retailer which is more accustomed to rising above market headwinds while others in the fashion space struggle.

Nike, Inc. (NYSE: NKE)

Nike is down 6.46% in premarket after posting mixed earnings. While it beat expectations, the stock saw its biggest loss in more than a year after management reiterated sales numbers could drop for the rest of the fiscal year, which ends in May.

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

Click here to see how Bryan’s overnight trading strategy could lead to profits even if a stock goes down.

FedEx Corporation (NYSE: FDX)

Fed Ex is up 12.59% premarket after posting strong quarterly results. The company reported adjusted earnings of $3.86 per diluated share in its fiscal 2024 third quarter, The company said cost cuts and efficiency improvements offset continued macroeconomic weakness. It also adjusted its guidance in the range to $17.25 to $18.25 from $17 to $18 per share.

Earnings reports have the potential to send stocks in a big direction, but the truth is earnings are just the beginning of potential gains. Our Head Trading Tactician Nate Bear follows what he calls the “post-earnings surge” pattern in his latest service, Profit Surge Trader. So far in 2024, Nate has a 100% win rate on 26 trades.

Click here to see learn more about Nate’s “One Ticker Payouts.”