Vaccine Slump

Attention Readers: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Click the image below to see what he’s looking at this week.

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Click here to get access to his latest play for Monday, Oct. 16.

Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were mostly higher on Monday. Investors are tracking the Israel-Hamas conflict and are also preparing for a big week of corporate earnings. Big banks Goldman Sachs and Bank of America are due to report Tuesday and Tesla and Netflix are expected to report on Wednesday.

The markets have been trending upward as of late, and Bryan and Karim have been crushing it in The War Room. Last week they closed 8 of 9 winning trades for an 89% win rate. So far in October they’ve closed 13 of 16 trades for winners, including a 19.51% gain on SLB in less than 1 trading day.

What are you waiting for? Click here to start trading alongside Bryan and Karim in The War Room.

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

Pfizer (NYSE: PFE)

Pfizer is down 2.52% premarket after slashing its full-year profit forecast on tumbling Covid sales. The company cited lower demand for its Comirnaty covid vaccine and its Paxlovid antiviral treatment. Pfizer said full-year group revenues would likely come between $58 billion and $61 billion, down from its early August forecast of between $67 billion and $70 billion.

Lululemon Athletica (Nasdaq: LULU)

Lululemon is up 5.61% premarket after reports that the company will replace Activision Blizzard in the S&P 500 following the latter’s takeover of Microsoft. Stocks that are added to the S&P 500 often see a solid near-term boost as investors add their shares to funds that track the major indices.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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