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Thu, Mar 21, 2024 12:24 PM

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Indexes hit record highs after the Federal Reserve reiterates upcoming rate cuts. with another winni

Indexes hit record highs after the Federal Reserve reiterates upcoming rate cuts. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures moved up on Thursday. The three major averages closed at new records following the Fed’s latest policy meeting, with the S&P 500, Russell 2000 and Dow all gaining after the Fed called for three rate cuts this year. With no earth shattering news from the Fed, we carried on in [The War Room]( with another winning trade. Yesterday our Head Trading Tactician Bryan Bottarelli closed GIS for a 24% gain in less than 24 hours. [Click here to start following along with Bryan and Karim in The War Room today.]( Here’s a look at the top-moving stocks this morning. Guess?, Inc. (NYSE: GES) Guess Inc. is up 11.56% premarket after the contemporary clothing retailer reported strong earnings for the third quarter. Revenue went up 9% year on year to $891.1 million. It also improved its profit of $1.74 per share in the same quarter last year. Yesterday our Head Trading Tactician Bryan Bottarelli noticed a short % of float around 27% on GES and got positioned in [The War Room](. [Click here to unlock that trade.]( Micron Technology (Nasdaq: MU) Micron Technology is up 17.69% in premarket after giving a strong revenue forecast, boosted by demand for its artificial intelligence hardware. It currently projects third-quarter revenue will be $6.4 billion to $6.8 billion. That compares with an average analyst estimate of $5.99 billion. Several tech stocks have seen a boost in recent days due to AI demand, and yesterday our Lead Technical Tactician Nate Bear got positioned on Nvidia and AMD in [Daily Profits Live.]( [Click here to start seeing Nate’s tech plays in real time in Daily Profits Live.]( [It's Called "the Singularity"]( A new indicator shows "the Singularity" could launch as soon as three months from now. This is the moment we've all feared, when artificial intelligence officially surpasses human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. [Click here to learn how to prepare yourself for what's to come.]( Five Below (Nasdaq: FIVE) Five Below is down 12.19% premarket after the teen-centric retailer announced it would be further limiting self-checkout and take measures to combat theft. CEO Joel Anderson mentioned that the benefits of this action will take some time to realize and didn’t include any associated improvement in their outlook this year. Astera Labs, Inc. (Nasdaq: ALAB) Astera is up by 3.50% in premarket trading a day after its market debut. The semiconductor company topped expectations in its latest public offering to raise $713 million, earning an endorsement from Nvidia’s Jensen Huang amid high demand for its AI hardware. Astera’s entry is the 4th largest listing in the US this year. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [We Could Be Less Than 3 Months Away From an AI Super-Event]( According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. [Click here.]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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