Wow Harpoon…
Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. This week he’s watching for a key catalyst on Thursday that could make the markets scream higher or lower. He also has two charts he really likes for trades this week. Click the image below to get his picks.
P.S. Nate started 2024 with a bang in Daily Profits Live. Last week he went 3-for-4 on his trades for a 75% win rate. One of those wins was an impressive triple-digit winner, as Nate closed SMCI for a 103.52% return in 17 trading days.
Click here to start getting more real time trades from Nate in Daily Profits Live.
Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were down on Monday, continuing the dip trend from last week. Boeing retreated almost 10% (more on that below) which contributed to the S&P 500’s 0.2% decline.
While many are worrying about the health of the markets, we’re still taking plenty of wins in The War Room. Last week our Lead Fundamental Tactician Karim Rahemtulla closed 15-of-15 winners in for a 100% win rate, including a 77.22% premium capture on CHWY in 103 trading days. Our Head Trading Tactician Bryan Bottarelli also closed 4-of-4 trades for winners, including a 16.03% overnight winner on IBB.
Isn’t it time you joined the action? Click here to unlock The War Room today.
Here’s a look at the top-moving stocks this morning.
Harpoon Therapeutics, Inc. (HARP)
Harpoon’s stock soared by 100.28% in premarket trading. This boost came after reports that Merck & Co., Inc. is in advanced talks to acquire the cancer drugmaker for around $700 million. The deal, which could be announced soon, involves a potential offer of about $23 per share.