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Digital Assets Rise...

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mtatradeoftheday.com

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Tue, May 21, 2024 12:16 PM

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Coinbase among top premarket movers after Ethereum sees 18% surge. Good Morning Wake-Up Watchlisters

Coinbase among top premarket movers after Ethereum sees 18% surge. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were flat on Tuesday. An underwhelming earnings report from Palo Alto may be weighing on the tech sector (more on that below). But overall, it appears traders are keeping the powder dry ahead of Nvidia’s earnings. We’ve also been getting prepared for Nvidia's big earnings day. But in our case, our Head Trading Tactician Bryan Bottarelli has a special way to play it, and today he’s [going LIVE]( 2 p.m. EST to reveal his strategy. Don’t miss your last chance to get in on this rare trading opportunity. [Click here to get access to Bryan's Nvidia Super Trade event for FREE.]( Here’s a look at the top-moving stocks this morning. Palo Alto Networks (Nasdaq: PANW) Palo Alto is down 7.80% in premarket trading after the cybersecurity company cut its outlook due to “spending fatigue” from its customers. Its adjusted profits of $1.32 a share was better than analysts’ expectations of $1.25. However, the stock still fell after underwhelming guidance. Overall, Palo Alto forecasted fiscal fourth-quarter revenue of $2.15 billion to $2.17 billion and billing of $3.43 billion to $3.48 billion. Wall Steet was predicting revenue in the period of $2.16 billion and billings of $3.45 billion. Coinbase Global (Nasdaq: COIN) Coinbase Global is up 3.47% in premarket trading after digital assets rallied. The boost was led by Ethereum’s 18% surge over the past 24 hours, which came from optimism over the potential approval of spot exchange-traded funds. Bitcoin was also up 6% to $70,867. While we don’t trade crypto at Monument Traders Alliance, our Lead Fundamental Tactician Karim Rahmetulla has a way to trade digital assets that could change the way you think about them. In fact, yesterday he closed one of his LEAP plays for a winner in [Catalyst Cash-Outs](. [Click here to unlock that trade and get access to our entire portfolio.]( [LAST CHANCE FOR NVIDIA PROFIT WINDOW]( Nvidia One Day Super Trade Almost Over… Whether Nvidia surges or falls tomorrow morning... target up to 235% overnight gains with a big move either way! [Discover How To Get In NOW (MUST Act by 4 p.m. ET!)]( Macy’s (NYSE: M) Macy’s is down 3.25% in premarket trading as the major clothing retail mulls over a potential buyout offer. The company is set to report a 3.43% decline in revenue compared to last year. It also plans to close 150 underperforming stores, and instead focus its resources on improving existing stores and investing in digital sales. Lam Research Corporation (Nasdaq: LRCX) Lam Research is up 4.75% in premarket trading after announcing a $10 billion share repurchase plus a 10-for-1 stock split. The company is authorized to repurchase up to $10 billion of common stock. The stock split is expected to be effective after labor market close on Wednesday. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Discover the 3-Minute Secret to Wealth]( Alexander Green reveals how a 3-minute discussion transformed his investment strategy and wealth... top gains of 227% in 22 days... 754% in 60 days... 439% in 90 days... and even 1,163% in 100 days. [Click to discover what he learned.]( [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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