4 Active Stocks to Watch Today 👀

Biotech is leading today's premarket gainers. Get a full report on all 4 top stocks inside [Image](www.elitetrade.club) Good Morning! Hey, there! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Happy Friday! It's October 21st. Let's get ready to trade! Markets 📈 The S&P 500 fell 0.8% on Thursday as US markets posted losses for the second day in a row. The Dow lost 0.3%, and the Nasdaq gave up 0.6%. The small-cap Russell 2K tumbled 1.2%. Today, futures are down ahead of the opening bell. S&P 500 contracts are down 0.4% in early-morning trading. Sponsored [$7.5 Million with Just 3 Cryptos 🚀]( It could make 800 times more millionaires than Bitcoin did (and BTC "minted" 100,000 of them)... Chances are, you are NOT currently investing in this sector — and that's a huge mistake. Because there are 5 easy ways to get started with the hottest sector of digital currencies (it's like getting in on Bitcoin when it was $1,000). Or, you can be like the 99% of Americans who won't know what to do when the dollar crashes and their credit cards don't work... That's no exaggeration. [Get the Full Story Here]( Premarket Highlights 🔎 - Instacart Squashes IPO Hopes. The grocery delivery app's CEO said in an internal memo that an IPO is "highly unlikely" in 2022. What to Watch Today 👀 Government Grants Green energy companies began receiving grants from the bipartisan infrastructure bill earlier this week, and, since then, there's been a broad rally in solar stocks, EV stocks, battery stocks, and other green energy companies. It seems investors are banking on the possibility that they could see big gains if any of those companies get a grant. Earlier in the week, several stocks skyrocketed on news they had received grants from the program. This trend can potentially explain the widespread rallies we've seen in the green energy sector over the past few days. International 🌍 Asia Japan's Nikkei 225 and China's Hang Seng Composite both fell 0.4% overnight, and Australia's ASX 200 lost 0.8%. The Shanghai Composite posted a small gain of 0.1%. Europe Germany's DAX is down 1.5%, and the French CAC 40 is showing a 1.7% loss. Britain's FTSE 100 has fallen 0.9% on the session, and the Euro Stoxx 600 is down 1.5%. Major Earnings 💰 Verizon Communications Inc. [VZ] ... AM American Express Company [AXP] ... AM Schlumberger N.V. [SLB] ... AM Hca Healthcare, Inc. [HCA] ... AM Huntington Bancshares Incorporated [HBAN] ... AM Regions Financial Corporation [RF] ... AM Autoliv, Inc. [ALV] ... AM Euronet Worldwide, Inc. [EEFT] ... AM The Simply Good Foods Company [SMPLl] ... AM Sensient Technologies Corporation [SXT] ... AM Economy 🏗 - Index of common inflation expectations, 5-10 years [Q3] ... 12p - Index of common inflation expectations, 10 year [Q3] ... 12P Running Hot 🔥 Gainers - Stratera Document Solutions [STAB] >> +33.3% - Biomx [PHGE] >> +18.4% - Biondvax Pharma AD [BVXV] >> +25.9% Decliners - Snap [SNAP] >> (27.8%) - Immunic [IMUX] >> (72.0%) - Albertsons [ACI] >> (25.0%) CSX Corp. [CSX] - Last Close: $27.08 CSX is moving higher on upbeat earnings results. The railroad stock reported its Q3 earnings late Thursday, and the numbers beat analysts' expectations. CSX generated revenues of $3.90 billion in Q3, which surpasses The Street's $3.75 billion estimate. Q3 earnings came in at $0.52 per share and beat the consensus EPS target of $0.49. News of the strong quarter is lifting CSX to the top of the charts this morning. It's the #1 S&P 500 stock with a 5.1% gain. My Take: CSX could be a good long-term value, but its chart is pretty ugly and there's no telling when the turnaround will come. Today's rally is a good sign, but it's still unclear if it marks a long-term pivot point. Veris Residential Inc [VRE] - Last Close: $12.42 M&A rumors are boosting shares of Veris Residential today. The REIT announced this morning that it had received an unsolicited proposal from Kushner Companies to acquire the company for $16 per share. Veris's board of directors says they're evaluating the proposal with the assistance of financial and legal advisors, and the company will respond to the proposals in due course. Kushner Companies' proposal also includes an alternative proposal to externally manage Veris instead of acquiring it. VRE is up 19.9% on the acquisition rumors. My Take: VRE's share price is already pretty close to the proposed acquisition bid of $16, so there's not a lot of upside left here. However, there's still a big risk that the deal doesn't go through. Energy Focus Inc [EFOI] - Last Close: $0.4034 Energy Focus is trending today, but it's not clear why. The energy-efficient LED manufacturer is one of today's top movers, despite no major news coming out of the company this week. It's last news item came last week, when it filed a Form 8-K on Oct. 13th detailing its latest financial figures and other corporate updates. The stock saw some gains after releasing the report, but it's been down-trending since. Today, EFOI is one of today's top movers with a 63.6% gain on active trading volume. My Take: EFOI's rally could be explained by the rush of bullish interest in the green energy sector. However, there's also a chance that this is a bull trap. Approach this one cautiously. American Rebel Holdings [AREB] - Last Close: $0.2899 American Rebel is trending after an upbeat forecast. The safe-maker announced Thursday morning that it expects to bring in $5 in pro forma Q3 gross revenues. American Rebel's revenue forecast includes revenues earned by its Champion Safe division, which AREB acquired on July 29th, 2022. “We’re on target to exceed $20 million in annual pro forma revenue for 2022,” said Andy Ross, CEO of American Rebel. The news sent AREB to a 5.4% gain on Thursday, and it's adding to its gains in today's premarket. AREB is currently up 12.0%, and it's one of this morning's most active stocks. My Take: It seems like most of the good news from AREB's Q3 earnings has already been priced into the stock, but you never know. The company could have something else up its sleeve. However, I would be wary of a pullback. That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris D. -- Elite Trade Club P.S... If you're on the hunt for a new broker, check out our preferred partner, moomoo! You can [get 15 free stocks]( worth up to $2,000 each if you join the moomoo App now. [Click here to get started.]( P.P.S... 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