Newsletter Subject

The "JPow Pop..."

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Thu, May 2, 2024 11:52 AM

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Earnings and Fed Chair Jerome Powell's latest decision pushes markets upward . He closed two winning

Earnings and Fed Chair Jerome Powell's latest decision pushes markets upward [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures advanced on Thursday as more corporate earnings pour in and Fed news eases markets. Yesterday Federal Reserve Chairman Jerome Powell ruled out any interest rate hikes for the forseeable future despite stubborn inflation rates. Yesterday our Head Trading Tactician Bryan Bottarelli took advantage of the “JPow pop” in [The War Room](. He closed two winning trades, including a 13.94% gain on FSLY in less than 1 trading day and a 9.63% gain on UPWK in 1 trading day. [Click here to see how Bryan closes trades for gains in less than 24 hours in The War Room.]( Here’s a look at the top-moving stocks this morning. Carvana (NYSE: CVNA) Carvana is up 37.38% in premarket trading after the online car retailer slayed its earnings. It sold 91,878 vehicles retail, or 16% more year on year. Shares came in 32% higher at $114.70 and revenue was at $3.06 billion, up 17% from a year ago. The stock had been consolidating since March, but now it's set to shoot higher. Qualcomm Incorporated (Nasdaq: QCOM) Qualcomm is up 5.11% in premarket after posting strong earnings due to diversification efforts paying off. The San Diego-based company recorded additional QCT Automotive revenues for the third consecutive quarter. It also earned an adjusted $2.44 a share on sales of $9.39 billion in the quarter ending March 24. [The Chance Meeting That Made Alex a Fortune]( Sometimes, the best investment advice comes from where you least expect it. For Alexander Green, it was from a casual chat during a basketball game 30 years ago. Uncover how this unexpected advice led to the biggest wins of Alex's career. [Click here to learn this secret.]( eBay Inc. (Nasdaq: EBAY) EBay is down 3.37% in premarket trading despite solid first-quarter earnings. The online marketplace company’s second-quarter guidance fell short of estimates, with the latest results showing eBay continues to struggle with top-line growth. For the June quarter, eBay is projecting revenue of between $2.49 billion and $2.54 billion, which was below Wall Street estimates of $2.56 billion. Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on an overnight trade on EBAY in [The War Room](. [Click here to unlock that trade.]( DoorDash (Nasdaq: DASH) DoorDash is down 11.74% in premarket trading despite beating revenue expectations of $2.45 billion by posting revenue of $2.51 billion. However, the company’s weak outlook was just shy of estimates, forecasting second-quarter gross order value of $19 billion, which was below FactSet estimates for $19.22 billion. 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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