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Off Target in Premarket

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Wed, May 22, 2024 12:08 PM

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Retailer falls 8% after reporting lower-than-expected revenue. Good Morning Wake-Up Watchlisters! Wh

Retailer falls 8% after reporting lower-than-expected revenue. [Trade of the Day Wake-Up Watchlist] Attention Traders: Yesterday our Head Trading Tactician Bryan Bottarelli announced his trading strategy for Nvidia. [Click here to learn more about overnight trading.]( Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were slipping as investors prepare for the highly-anticipated Nvidia earnings release. Nvidia will report earnings after the bell today, and LSEG data shows consensus estimates calling for earnings and revenue to have risen 400% and 240% year on year. Market catalysts like major tech stocks and key economic reports are exactly what we look to trade every week in [Catalyst Cash-Outs](. Bryan and Karim have been on fire with their picks, trading 3 winners for a perfect 100% win rate. Tomorrow they’re going live again to announce their trade for this week. [Click here to unlock Catalyst Cash-Outs today and get live access to Karim and Bryan every week.]( Here’s a look at the top-moving stocks this morning. Target (NYSE: TGT) Target is down 8.20% in premarket trading after the retailer reported fiscal first-quarter earnings that missed analyst’ estimates. Revenue declined 3.1% to $24.5 billion and same-store sales fell 3.7%. With earnings season winding down, there’s a little-known market force that our Lead Technical Tactician Nate Bear uses to [trade stocks AFTER earnings](. This strategy has been studied by Harvard University, and it’s been proven to provide returns as high as 2,614% on one trade in just 10 days. [Click here to learn more about how Nate uses this strategy for his own trading.]( Viasat, Inc. (Nasdaq: VSAT) Viasat is down 11.57% in premarket trading despite revenue jumping 73% to $1.2 billion. The fall was driven by its recent acquisition of Inmarsat. The satellite communications company said it expects revenue in fiscal 2025 to be roughly flat year over year. This went against analysts expecting a revenue increase of about 7%. [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.]( Urban Outfitters (Nasdaq: URBN) Urban Outfitters is up 5.28% in premarket trading on the strength of its anthropologie brand and free people brands. Overall, revenue was up 7.8% from a year earlier. The Free People’s athleisure brand, in particular, helped drive growth. Lululemon (Nasdaq: LULU) Lululemon Athletica is down 4.31% in premarket trading after the athletic apparel and footwear company made some strategic organisational changes. The company announced its Chief Product Officer, Sun Choe, would be departing later this month, and the company decided not to replace the role. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [The AI Singularity Clock Is Ticking]( We've seen the dot-com crash... the housing bubble... and the COVID crash... but we've never seen anything like what's coming for artificial intelligence in as little as three months. It's called "the Singularity," and it refers to the exact millisecond when AI breaks free from its shackles to grow BILLIONS of times more powerful than humans. [Click here to ensure you'll be on the right side of this historic event.]( [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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