Only $5.5 Billion?

Attention Readers: It’s Monday and you know what that means. Our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. This week he’s looking at a major software company that has all the components for a TPS trade. Click the image below to see what he’s looking at.

Nate also launched his latest service, Profit Surge Trader, this month.

Click here to learn how he’s trading just ONE TICKER per month for maximum potential gains.

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures started on a high note Monday. The boost came as China’s support measures for its equity market helped lift sentiment. U.S. Federal Reserve Chair Jerome Powell stuck to the script of his Fed speech on Friday in Jackson Hole, and said the Fed is prepared to raise rates in the future if appropriate.

While the Fed’s comments can cause volatility in the markets, our trading tacticians have other ways to profit in The War Room. Last week our Head Trading Tactician Bryan Bottarelli closed a 166.25% gain on ANF in 1 trading day.

Click here to learn more about how you could double your money overnight with this strategy.

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

3M Company (NYSE: MMM)

3M Company is up 5.10% premarket after a reported $5.5 billion settlement to resolve claims over potentially faulty earplugs. The amount was lower than analysts were expecting. Also, the clearer picture of financial costs were encouraging to investors.

Horizon Therapeutics (Nasdaq: HZNP)

Horizon Therapeutics is up 5.23% premarket after a new development in the Amgen takeover battle. The US FTC suspended its challenge of Amgen’s $27.8 billion purchase of Horizon Therapeutics. The pause is effective until Sept. 18. Amgen said the company is aware of the move and is prepared to demonstrate that there is no legal or factual reason to prohibit the acquisition to the courts.

Hawaiian Electric Industries (NYSE: HE)

Hawaiian Electric Industries is up 34.06% premarket after saying on Monday that the lawsuit filed against it by the County of Maui was “factually and legally irresponsible,” and instead cited the county’s responsibility in the Hawaii wildfires. The company said a morning fire on Aug. 8 caused by power lines that fell in high winds was reported “100% contained” and later declared “extinguished” by the Maui County fire department.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team