Biotech Company Pumps After Positive News

Big Tech Companies Tumble on Earnings Reports [Trade of the Day Wake-Up Watchlist] Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see US futures fell on Wednesday, squashing a three-day rally on Wall Street. While several companies are reporting strong earnings, experts are calling for more volatility. Goldman Sachs strategists said certain conditions in US equities are not visible yet and there could be more pain in 2023. With so many feeling the weight of inflation on their monthly bills, it’s important to consider other ways to invest. Alpesh Patel, the Financial Times No. 1 stock market forecasting champion, [is sounding the alarm](. He’s showing investors a powerful way to tap into hedge funds to turn this disastrous situation into the biggest windfall of their lives. [Click here to learn more about this alternative investment strategy.]( Here’s a look at the top-moving stocks this morning. Ensysce Biosciences (Nasdaq: ENSC) Ensysce Biosciences is up 48.68% premarket as the company shows signs of progressing in its pursuit of a solution to the opioid crisis. Through its proprietary TAAP technology, Ensysce is in the process of receiving approval for an abuse-resistant yet still pain-relieving opioid. It will be important to pay attention to the updates by the company as potential candidates move through the approval process. AcelRx Pharmaceuticals (Nasdaq: ACRX) AcelRx Pharmaceuticals is down 24.39% premarket after announcing a reverse stock split of its common stock at a ratio of 1-for-20. The stock will begin trading on a split-adjusted basis when the market opens on Wednesday, Oct. 26, 2022. Sketchers (Nasdaq: SKX) Sketchers is down 13.13% premarket after coming out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.74 per share. The report represents an earnings surprise of -25.68%. This is the first time in the last three quarters the company failed to meet earnings expectations. Microsoft (Nasdaq: MSFT) Microsoft is down 6.73% premarket after the company posted disappointing cloud revenue and weak guidance. Shares of Google (GOOG) also fell 6% premarket while Amazon (AMZN) was down 4%. Overall, the tech sector has lost a combined $2.5 trillion in market value so far this year. With so many stocks struggling in 2022, our Head Fundamental Tactician Karim Rahemtulla is showing investors why they should move their cash into this $3 asset BEFORE November 4, 2022. [Click here to unlock this $3 strategy.]( How you can profit from big swings in the market Tracking insider buying (the legal kind) can be an effective strategy for predicting massive swings – especially during earnings season. And in today’s rough markets, [this strategy could be the edge you need.]( Our Head Fundamental Tactician Karim Rahemtulla shows members how to see what the big money people are doing in his Insider Matrix. [Click here to unlock the Insider Matrix.]( Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team ["I've Never Recommended Something Like This Before"]( [AG on Stage]( Has the world's greatest stock picker gone mad? He picked Amazon, Netflix, Apple... [And now this?]( Alexander Green makes a BOLD prediction to a huge crowd in his latest TEK Talk... And it might just help set you up for retirement. [Click here to see more.]( [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.