[ALERT] High-Powered Growth Stock Trading for Cheap 🚀

[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. Today is Thursday, December 8th. I hope you have a great day! Let's get ready to trade! Markets 📈 The S&P fell 0.1% on Wednesday, marking its fifth consecutive day of losses. The Dow closed the session flat while the Nasdaq lost 0.5%, and the small-cap Russell 2K slid to a 0.3% decline. Today, futures are heading higher ahead of the opening bell, and the S&P 500 is pushing to snap its losing streak. Contracts are currently up 0.2%. Sponsored [[ALERT] High-Powered Growth Stock Trading for Cheap]( A tiny company has its eyes set on a $96.90 billion market, and it could be hearing up for a big push higher. Like most of the market, shares have fallen in 2022, but now it's beginning to look like the trend is beginning to change its course. A recent rally could signal that the stock is headed for a massive swing higher, and shares are currently trading at a great price. This could be an epic swing trade opportunity, but the window could close any day. [Get the Ticker and an Expert Analysis Here]( Premarket Highlights 🔎 🛢 Crude Oil Rebounds: WTI Crude futures are up 2.1% this morning to $73.58 a barrel. What to Watch Today 👀 Rebound The market looks like it wants to go higher today. If the S&P 500 can hang on until the closing bell, it could snap a 5-day losing streak today. Investors are still concerned about the outlook for interest rates, but China's decision to loosen its Covid restrictions gave investors something to be bullish about. International 🌍 Asia The Hang Seng Composite gained 3.8% overnight after selling off the previous day. Japan's Nikkei 225 lost 0.4%, and the Australian ASX 200 fell 0.7%. Europe European stocks are down again today. The German DAX is carrying a 0.4% loss, and the French CAC 40 is down 0.3%. The Euro Stoxx 600 has declined 0.4% on the trading day. Major Earnings 💰 Ciena Corporation [CIEN] ... AM Korn Ferry [KFY] ... AM Liquidity Services, Inc. [LQDT] ... AM Broadcom Inc. [AVGO] ... PM Costco Wholesale Corporation [COST] ... PM Lululemon Athletica Inc. [LULU] ... PM Chewy, Inc. [CHWY] ... PM The Cooper Companies, Inc. [COO] ... PM Vail Resorts, Inc. [MTN] ... PM Rh [RH] ... PM Manchester [MANU] ... PM Torrid Holdings Inc. [CURV] ... PM Economy 🏗 - Weekly jobless claims report ... 8:30a Running Hot 🔥 Gainers - Monopar Therapeutics [MNPR] >> +31.8% - Comscore [SCOR] >> +19.6% - SenesTech [SNES] >> +27.4% Decliners - Relmada Therapeutics [RLMD] >> (38.2%) - Design Therapeutics [DSGN] >> (25.6%) - Cutera [CUTR] >> (12.4%) Bilibili [BILI] - Last Close: $36.06 Upbeat China news is boosting shares of Bilibili. The Shanghai-based entertainment stock is trending after the Chinese government. China announced curbs to compulsory COVID-19 testing in public transportation, parks, and other areas. The central government also announced it would restrict local officials' authority to impost large-scale lockdowns on their constituents. New reports coming out of China also say Hong Kong is considering doing away with its mask mandate, and the rumor is giving China stocks a boost today. BILI is one of this morning's top China stocks with a 9.7% gain. My Take: On Tuesday, news of Beijing's COVID-19 rollback sent shares of China stocks lower, but the market is reevaluating the situation today. Many China stocks, including BILI, are moving higher in a broad rally. Pharvaris [PHVS] - Last Close: $2.51 A new clinical data release is rallying Pharvaris. The clinical-stage Swiss biotech firm unveiled positive top-line data from a Phase 2 RAPIDe-1 study of PHVS416 for the treatment of HAE attacks. Pharvaris' drug candidate demonstrated statistically significant results, and it was generally well tolerated with no adverse events. The company said it plans to present the complete study data at an upcoming medical conference, although it didn't specify which. The upbeat drug data sent PHVS to a 50.6% gain in today's premarket, making it one of this morning's top performers. My Take: This stock has seen steep declines over the past three months, but recent price action could indicate a reversal is in progress. Today's rally could be the kick-start PHVS needs to pivot higher. Rent the Runway [RENT] - Last Close: $1.36 Rent the Runway is heating up after an earnings release. The second-hand fashion company reported its Q3 earnings in Wednesday's after-market, and the results were better than expected. Rent the Runway hit the consensus estimate on the nose with loss of -$(0.56) per diluted share. However, revenues of $77.4 million beat analysts' $73.3 million target. Rent the Runway also raised its full-year guidance to a range of $293 million to $295 million, which also beat the consensus estimate. RENT is trading actively with a 16.1% gain in today's premarket. My Take: RENT was a Wall Street darling at one point, but the tech sell off has really bitten into its share price. Today's rally could be a sign that RENT is staging a comeback. My Size [MYSZ] - Last Close: $0.15 My Size is soaring after a big announcement. After Wednesday's closing bell, the app-maker announced its board of directors had approved a 1-for-25 reverse stock split. My Size said the reverse split would take effect after Thursday's close. The split will reduce My Size's total share float to about 1.5 million from its current size of 36 million. The market likes the move. MYSZ is this morning's top performer with a gain of 48.1%, and it's the most actively traded stock in today's premarket session. My Take: Oftentimes, news of a reverse stock split will send share prices lower, but MYSZ is rallying on the news. I am not sure what is driving this rally, but I would be wary of a pullback if you decide to dabble in this trade. 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... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! Or text CLOSE to 47121 to get on the mobile alert list for our Closing Bell Roundup report, featuring the day's top winners and losers. *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. 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