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Insider Buy Triggers Premarket Boost

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Thu, Mar 28, 2024 12:22 PM

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Snowflake CEO buys $5 million worth of stock. payout picks in 2024, and this week he closed two winn

Snowflake CEO buys $5 million worth of stock. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re dunking donuts into your coffee you’ll see stock futures were flat on Thursday. The S&P 500 is set to close the month 3% higher and 10% higher for the quarter. Barring any last-minute setbacks, this would be its best first-quarter gain since 2019. As April looms, our Lead Technical Tactician Nate Bear is preparing for his next play. Nate has a 100% win rate with his [“One Ticker”]( payout picks in 2024, and this week he closed two winners, a 16.98% gain on WM in 1 trading day and a 21.43% winner on VRT in 1 trading day. [Click here to get Nate’s next Profit Surge Trader payout pick on April 1.]( Here’s a look at the top-moving stocks this morning. RH (Nasdaq: RH) RH is up 7.83% in premarket after announcing fourth-quarter results that missed estimates. Revneue came in at $751.2 millions, which was down 13.6% year on year. But despite the miss, it reported upbeat revenue guidance which likely contributed to the boost. Analysts expect revenue to boost 0.7% year on year to $777.8 million, improving on the 14.4% decline. The Chemours Company (NYSE: CC) The Chemours Company is down 11.25% premarket after coming up with quarterly earnings of $0.31 per share, beating the Zacks estimate Consensus Estimate of $0.29. The report was an earnings surprise of 6.90%.However, its guidance was down. For the first quarter, Chemours expects sales to be flat or "slightly down." compared with the fourth quarter. [Company Insiders Pouring Money Into One $8 Stock]( [Company Insiders Pouring Money]( [See Why Here!]( Snowflake, Inc. (NYSE: SNOW) Snowflake is up 3.09% in premarket trading after new CEO Sridhar Ramaswamy recently bought $5 million worth of SNOW stock. The investment points to the insider’s confidence about the company’s long-term growth prospects. 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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