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EV Maker Gets a Premarket Supercharge

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mtatradeoftheday.com

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Thu, Oct 20, 2022 12:03 PM

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Aluminum Prices Result in Net Loss for Alcoa Corporation we made 16 trades and 15 of them were winne

Aluminum Prices Result in Net Loss for Alcoa Corporation [Trade of the Day Wake-Up Watchlist] Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were mixed on Thursday. Resilient earnings reports are giving investors some optimism. However, there's some volatility potential in the UK as Prime Minister Liz Truss is struggling to maintain her premiership. It’s no secret the markets have been rough in 2022, but there’s still plenty of opportunities to make winning trades. Last May in our [War Room Open House,]( we made 16 trades and 15 of them were winners! And we’re offering our readers another FREE open house next week. [Click here to sign up for this FREE event today.]( Here’s a look at the top-moving stocks this morning. Mullen Automotive (Nasdaq: MULN) Mullen Automotive is up 19.94% premarket after the electric vehicle company announced it’s buying a manufacturing plant in Mishawaka, Ind. Mullen is also buying other assets from the now-defunct Electric Last Mile Solutions Inc. for a total of $92 million. The purchase will enable EV production for retail and commercial vehicle lines. There have been several top-moving stocks in the EV space this year. The sector is expected to bring in $7 trillion in the near future, and that’s why our friend Andy Snyder is pounding the table [on this one EV stock](. Andy believes they electric vehicle company could overtake Tesla one day. [Click here to learn more about this $20 stock.]( The Allstate Corporation (NYSE: ALL) The Allstate Corporation is down 10.47% premarket after the company projected it would post a loss in the third quarter. The company said it expects a loss of $675 million to $725 million in Q3, compared with last year’s net income of $538 million. For September, $440 million in losses is expected, with 80% related to Hurricane Ian. With many stocks struggling right now, it’s crucial to consider alternative investments. Our Head Fundamental Tactician Karim Rahemtulla is showing why you should [move your cash into this $3 asset]( before November 4, 2022. [Click here to unlock this alternative investment.]( ["This Changes Everything."]( [Rich aristocrat and financier]( America's top retirement expert has made a SHOCKING discovery... A brand-new class of stocks that have beaten earnings estimates EVERY time. Could his [favorite Earnings Aristocrats]( let you double your money in 24 hours this earnings season? [>> Get the full story HERE.]( Alcoa Corporation (NYSE: AA) Alcoa Corporation is down 10.37% premarket after higher aluminum prices and energy costs resulted in lower income for the third quarter. The manufacturing company reported a net loss of $746 million. Revenue for the quarter was $2.85 billion, a $793 million decline over Q2. Vertiv Holdings (NYSE: VRT) Vertiv Holdings is up 8.16% premarket after solid volume and more shares changing than usual. This is reflecting positive sentiments from investors that the stock will perform well in the upcoming third-quarter 2022. The company’s new thermal facility in Monterrey, Mexico is expected to help minimize effects of supply chain constraints and meet demand for products. [Don't Believe Us? (See for Yourself FREE)]( [Open House]( Matthew G. just said his account went from $65K... to $100,000... in just two months. But don't take our word for it... Get a full week of LIVE picks (the last time we did this, we hit 15 winners in five days... including an overnight DOUBLE). [Join Our One-Week Preview for FREE!]( [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](. © 2022 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 as personalized investment advice. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publication prior to following an initial 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.

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