Don't Miss this High-Growth Stock 🚨

[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 Tuesday, February 21st. I hope you enjoyed the long weekend. 📢UPDATE ON OUR BIG ANNOUNCEMENT: We've worked out most of the last-minute kinks, and we're almost ready to make our big news public. We sincerely appreciate your patience. Expect the BIG NEWS to drop sometime this week! Let's get ready to trade! Markets 📈 The Dow closed with a 0.3% gain on Friday, while the S&P 500 lost 0.2%. The Nasdaq fell half a point, and the small-cap Russell 2K closed flat. This morning, futures are pointing to more losses at the open. S&P 500 contracts are down 0.7% in early morning trading. Sponsored [Don't Miss this High-Growth Stock 🚨]( This tiny stock could be well positioned in a lucrative market, and the Smart Money is quietly taking notice. Its shares are trading at an absurd 60% discount relative to other larger players in its industry, but the low prices might not last for long. Technical analysis shows an enormous breakout could be in the cards, and early movers could see huge profits. [Get the Ticker Symbol and an In-Depth Analysis Here]( Premarket Highlights 🔎 📈 Yields Tick Higher. The yield on the US ten-year Treasury bond are up 66 basis points over the past 24 hours, and they're currently hovering around 3.887% heading into today's session. What to Watch Today 👀 Investors Brace for More Rate Hikes Stronger-than-expected economic data combined with stubborn inflation have made additional rate hikes a practical certainty. Investors are going to have to accept the reality that rate hikes aren't going anywhere, anytime soon. At least two Fed officials have said publicly that they would've supported higher increases last month. Tomorrow's Fed Minutes could provide more background for investors, but I expect the central bank's tone to remain hawkish for the foreseeable future. Major Earnings 💰 Walmart Inc. [WMT] ... AM Home Depot, Inc. (The) [HD] ... AM Medtronic Plc. [MDT] ... AM Public Service Enterprise Group Incorporated [PEG] ... AM Public Storage Reit [PSA] ... PM Palo Alto Networks, Inc. [PANW] ... PM Realty Income Corporation Reit [O] ... PM Keysight Technologies Inc. [KEYS] ... PM Costar Group, Inc. [CSGP] ... PM Sba Communications Corporation Reit [SBAC] ... PM Economy 🏗 - S&P flash U.S. services PMI [Feb] ... 9:45a - S&P flash U.S. manufacturing PMI [Feb] ... 9:45a - Existing home sales [Jan] ... 10:00a Running Hot 🔥 Gainers - Arbe Robotics [ARBE] >> +73.3% - Lanzatech Global [LNZA] >> +15.1% - Sentage Holdings [SNTG] >> +13.9% Decliners - CVRx [CVRX] >> (30.2%) - Movella Holdings [MVLA] >> (18.7%) - Verrica Pharma ADR [VRCA] >> (13.6%) Sigma Lithium [SGML] - Last Close: $29.48 Reports of a major acquisition are lifting shares of Sigma Lithium. Over the long weekend, Bloomberg reported that Elon Musk's Tesla Motors [TSLA] was considering acquiring the Canada-based battery metal miner. According to the report, Tesla is working with advisers on a bid, but it is just one of the many mining options the company is exploring. Neither Tesla or Sigma Lithium have responded to media requests for comments as of yet. SGML is one of today's top performers with a 25.5% gain on the rumors. My Take: This might be a 'buy the rumor' opportunity, but a good portion of the stock's potential gains may already be priced in. Plus, SGML could see significant downside if a deal doesn't materialize. Chemomab Therapeutics [CMMB] - Last Close: $1.96 Chemomab is taking off on a promising regulatory update. Today, the Israeli biotech firm announced the U.S. Food & Drug Administration cleared its investigational new drug application to evaluate CM-101. The approval clears the way for a Phase 2 trial of CM-101 in adults with systemic sclerosis, or SSc. Chemomab's Chief Medical Officer called the decision an "important milestone for Chemomab." CMMB is up 26.0% on news of the FDA green light, and shares are trading actively in the premarket. My Take: CMMB has been in a bit of a funk lately, but today's rally might help it get its groove back. Shares are currently trading above a key resistance level at $2.30. Owlet [OWLT] - Last Close: $0.3408 Owlet just completed a key fundraising round. On Friday, the infant monitoring tech company announced a private placement of preferred stock and warrants for gross proceeds of $30 million. Owlet said the private placement included certain institutional and other accredited investors, and it closed on Feb. 17th. To complete the offering, Owlet issued Series A preferred stock that is convertible into approximately 61.2 million shares of common stock, plus warrants. Owlet said additional details about the offering can be found in its next Form 8-K filing. News of the private placement sent OWLT rallying, and shares are up 34.9% on elevated trading volume ahead of today's opening bell. My Take: OWLT has performed poorly over the past 12 months, but today's rally could help it get back on track. The private placement is a sign that the smart money sees opportunity here, so this stock might be worth watching. Troika Medical Group [TRKA] - Last Close: $0.2201 Troika Medical is up after reversing an unpopular decision. Late Friday, the professional services company filed to cancel a previously announced registered offering of its shares. Troika filed the original registration statement on April 4th, 2022, but it's canceled as of Friday's filing. The company said it is no longer wishing to pursue a public offering of its securities at this time. News of the canceled offering sent TRKA to a 42.7% gain in today's premarket, and it's this morning's most actively-traded stock. My Take: TRKA probably canceled the offering because of poor market conditions. However, share prices are trending higher, and today's rally could put it above a key resistance point at $0.25. 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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