Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll stock futures rose on Wednesday. The Fed meets today to decide if it will raise or hold interest rates. Traders overwhelmingly believe the Fed won’t hike rates, pricing in a 99% of a pause to its tightening campaign.

In The War Room, we’ve been looking at long term trades for potential wins. Yesterday our Lead Fundamental Tactician Karim Rahmetulla closed a 30% return on premium on a put sell on FLR in 45 trading days.

Click here to learn more about Karim’s long-term holding strategies in The War Room.

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

Pinterest (NYSE: PINS)

Pinterest is up 3.93% premarket after company executives said they expect year-over-year revenue growth to accelerate following a slowdown in 2022 and 2023. The company called for compound annual growth rate over the next three to five years in the mid to high teens, compared with guidance for growth in the high single digits in the third quarter. The company also appointed Scott Schenkel, former Chief Financial Officer and Interim Chief Executive Officer at eBay, to its Board of Directors.

Instacart (Nasdaq: CART)

Instacart is down 5.63% premarket after the stock debuted on the Nasdaq on Tuesday. The grocery app rose more than 40% just after it began trading before receding throughout the afternoon to close its first day of trading up 12%. Instacart’s IPO follows Arm’s return to the public markets less than a week ago.

Tech stocks have been a focus of our Lead Technical Tactician Nate Bear in his latest service, Profit Surge Trader.

Click here to see the ONE TICKER he’s trading over and over again for potential profit in September.

Ford Motor (NYSE: F)

Ford Motor was up 0.50% premarket after Unifor, the union representing Ford’s Canadian autoworkers, reached a tentative deal with the U.S. auto maker with just hours to go before an 11:59 p.m. ET Tuesday strike deadline. The agreement covers 5,600 workers at Ford’s Canadian plants. American auto workers at Ford, General Motors, and Stellantis remain on strike.

Steelcase Inc. (NYSE: SCS)

Steelcase Inc. is up 6.02% premarket after the furniture company said it expects “significantly improved” adjusted fiscal-year earnings as more companies issue return-to-office mandates, adding that it sees demand levels improving as customers seek our help to evolve their workplaces to engage, connect and work better for their employees.”

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team