What's moving the market this morning? 📈

Futures are pointing to a potential rebound at today's opening bell. Here's what you need to know.                                                                                                                                                                                                                                                                                                                                                                                                                 March 18, 2024 | [Read Online]( Good Morning! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Let’s get ready to trade! Markets 📈 The market closed out last week on shaky ground. Large-cap indexes fell on Friday, with the Nasdaq leading the way lower. However, the Russ2K managed to post a small gain. - Dow [-0.4%] - S&P 500 [-0.6%] - Nasdaq [-0.9%] - Russell 2K [+0.4%] S&P 500 futures are currently up by 0.7% in early trading, so we’re likely headed for a higher open. What to Watch Today: Early futures trading indicate a potential rebound rally in today’s session. Stocks could use the boost after a lackluster performance last week, following the release of hotter-than-expected inflation data on the February CPI report. If the market returns to form today, it could be a sign that the rally has some resilience against negative sentiment. [Free Stock Analysis Report: See What You Should Pay for Any Stock]( Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus, it features definitive Buy, Sell, Hold recommendations for thousands of stocks righty at your fingertips. [Analyze Any Stock Free]([HERE »]( » Want an Ad-Free Experience + Top Growth Stock Picks? [Upgrade Now!]( Premarket Highlights 🔎 ✈️ United Airlines CEO Addresses Safety Concerns In response to a series of unsettling events, from a panel detachment to a wheel loss during takeoff, United Airlines [UAL] is taking a closer look at its safety protocols. CEO Scott Kirby has announced an upcoming overhaul of safety training for the airline's employees, emphasizing that these incidents, though unrelated, have catalyzed a renewed commitment to passenger safety. 📚 Enhanced Training  United Airlines is not waiting to act. By May, pilots will undergo an additional day of training, and there will be modifications to the training curriculum for new mechanics. These changes, Kirby notes, were already on the drawing board but have gained new urgency in light of recent events. The aim is to ensure that United's crew and maintenance teams are equipped with the knowledge and skills to maintain the highest safety standards. 📝 A Message of Assurance In a memo directed at customers, Kirby sought to allay concerns, affirming that safety remains the airline's paramount concern. He acknowledged the string of incidents as stark reminders of the constant need for vigilance in safety matters. While specifics of the incidents' reviews were not disclosed, Kirby assured that the insights gained would directly inform the enhancements to safety training and procedures. 🛠️ Recent Incidents The incidents in question include a fuselage panel falling from a Boeing 737-800, a hydraulic leak on a flight from Dallas, and a "maintenance issue" leading to a return flight to Australia, among others. Despite the potential for alarm, there were no injuries, and some incidents are currently under federal investigation. Kirby's communication underscores United Airlines' proactive stance in addressing these issues, reinforcing the message that the airline is committed to ensuring the safety and well-being of its passengers and crew. Featured Earnings 💰️ - Science Applications [SAIC] ... AM - System1 [SST] ... AM - Niu Technologies [NIU] ... AM - Coda Octapus [CODA] ... AM - Nano Labs [NA] ... AM - Stone Co. [STNE] ... PM - Local Ltd [DLO] ... PM - JOYY [YY] ... PM - Alpine Immune [ALPN] ... PM - FinVolution [FINV] ... PM Economy 🏗 - Homebuilder Confidence [Feb] ... 10:00a Running Hot 🔥 Gainers - Trinity Place [TPHS] >> +176.8% - Nuvei [NVEI] >> +30.9% - Forward Industries [FORD] >> +52.2% Decliners - Montana Tech [AIRJ] >> (34.8%) - Abeona Therapeutics [ANEP] >> (16.8%) - Chijet Motor [CJET] >> (16.3%) Alphabet [GOOGL] - Last Close: $141.18 Rumors that Apple [AAPL] is in talks with Alphabet to install Google’s Gemini AI tools on its iPhones is rallying the tech giant’s shares this morning. Bloomberg News reported the story early this morning, citing unnamed sources familiar with the situation. CFRA also maintained a “buy” recommendation on this stock in an analyst note published this morning. GOOGL is up 5.4% on the news, and almost 2 million shares have been traded in today’s premarket. My Take: GOOGL has been on a steady upward march over the past week or so, and this news could help it extend its winning streak even further. Brand Engagement AI [BNAI] - Last Close: $10.56 This tiny stock is making some noise after closing its SPAC merger with DHC Acquisition Corp and opening for public trade last Friday. BNAI shot out to a 37.1% gain on Friday, despite nosing lower in the days leading up to the merger. Today, it’s extending its gains with another big premarket gain. BNAI is up 46.6% in early trading, but volume is rather thin at less than 100K shares My Take: It’s been a rough few months for SPAC stocks, but BNAI appears to be breaking the mould. However, whether it can hold onto its gains remains to be seen. Solidon Technology [STI] - Last Close: $1.74 Late Thursday, Solidon Tech announced the pricing of a $3.85 million private placement of its shares, sending shares to a 33.8% rally on Friday. No new headlines have emerged since the offering news, but STI is extending its run-up in today’s premarket. STI is up 51.7% on over 5.5 million shares traded. My Take: STI is down by a whopping 77.4% YTD, but its recent rebound, accompanied by a recent spike in trading volume, could be a signal that the bottom is in. VERB Technology [VERB] - Last Close: $0.4422 A specialty eCommerce stock is getting a boost after announcing the addition of 100 retail brands to its livestream social shopping platform. Early this morning, VERB Tech announced the new additions to its MARKET.live social platform in a press release. The CEO said the company is, “continuing to gain momentum in the marketplace as we enter into exciting new partnerships.” VERB is up 22.0% on over 32 million shares traded in the premarket. My Take: VERB has a market-cap of just $9.39 million, so expect volatility if you are planning to make a play here. Also, be wary of a potential pullback. That's it for today! Thanks for reading, and good luck out there! Best Regards, — Chris D. Elite Trade Club Text ELITE to 47121 or [click here]( to get our alerts on your mobile device, and never miss another fast-moving stock! P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. [Sign up for SMS]( Join Insider NOW to access to this report! [Get Instant Access Here]( [tw]( [ig]( [yt]( [tk]( *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. 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