Two New Deals…
Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving out his weekly stocks to watch. Click the image below to see his picks this week.
With several big companies due to report earnings this week, Nate will be looking for earnings winners to use his “post-earnings surge” pattern on.
Click here to see why Nate has a 79% win rate on all his Profit Surge trades.
Good Morning Wake-Up Watchlisters! While you’re on the comedown from the holiday weekend festivities you’ll see stock futures were mixed on Monday. The markets will be reacting to congressional testimony from Federal Reserve Chairman Jerome Powell this week, as well as earnings reports from some of the largest U.S. banks.
Earnings reports are one of our favorite catalysts to trade on in The War Room – but the truth is you have to know how to trade them without taking unnecessary risks. Our Head Trading Tactician Bryan Bottarelli uses a special strategy that allows him to potentially profit on a trade no matter which direction the stock goes. Late last month he closed a 98% winner on Nike (NKE) using this strategy.
Click here to start unlocking Bryan’s overnight trades.
Here’s a look at the top-moving stocks this morning.
R1 RCM Inc. (Nasdaq: RCM)
R1 RCM is up 13.06% in premarket trading after receiving an all-cash acquisition proposal from private equity company New Mountain Capital. The healthcare management is expected to be valued at nearly $6 billion, according to Reuters.
Paramount Global (Nasdaq: PARAA)
Paramount Global is up 9.43% in premarket trading after officially agreeing to merge with Skydance Media. Skydance and investor RedBird Capital Partners agreed to spend more than $8 billion to acquire National Amusements, Paramount’s controlling shareholder, and invest in the new Paramount.
Those are the biggest stock movers for today.
Happy trading!
The Wake-Up Watchlist Research Team