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Banks Set Premarket Tone...

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Fri, Apr 12, 2024 12:35 PM

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JPMorgan's stock falls after weaker guidance to cap busy trading week.. Good Morning Wake-Up Watchli

JPMorgan's stock falls after weaker guidance to cap busy trading week.. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were down on Friday. It's been a wild week for traders, with recent inflation reports dampening optimism surrounding interest rate cuts in 2024. Now attention shifts to earnings season with big guns JPMorgan and Citigroup reporting today (more on that below). As earnings season kicks off, our Head Trading Tactician Bryan Bottarelli is already closing winners in [The War Room](. Yesterday he closed a trade on KMX for a 27% overnight gain. [Click here to learn how Bryan’s overnight trading strategy could lead to you doubling your money overnight.]( Here’s a look at the top-moving stocks this morning. Globe Life Inc. (NYSE: GL) Globe Life is up 6.91% in premarket after dropping by a record 53% on Thursday. It fell to its lowest level in almost a decade due to a major sell-off that brought several volatility halts. A critical report from Fuzzy Panda Research also said it had a short position on the insurance company. JPMorgan Chase and Co. (NYSE: JPM) JPMorgan is down 3.52% premarket after the banking giant reported first-quarter earnings of $4.44 a share. The move was higher than analysts’ expectations of $4.17. But despite the earnings beat, its outlook for full-year net interest missed expectations. JPMorgan CEO Jamie Dimon said “persistent inflationary pressures” stemming from wars and geopolitical tensions are leading to uncertainty in the months ahead. JPMorgan’s net interest income was also down 4% from the fourth quarter. [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.]( Rivian Automotive (Nasdaq: RIVN) Rivian Automotive is down 0.94% in premarket trading after Ford motor reduced the price for its electric truck. Ford dropped the price by as much as $5,500, according to CarsDirect, which cited a memo sent to Ford dealerships. Advanced Micro Devices (NYSE: AMD) Advanced Micro Devices is down 1.90% in premarket after the Wall Street Journal reported the Chinese officials are phasing out chips including Intel and AMD. It’s the latest development in the ongoing U.S.-China technology war that is dividing the global chip industry. 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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