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Another Rough One For Big Tech

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Fri, Oct 28, 2022 11:40 AM

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Amazon Drops While Apple Serves as the Lone Bright Spot is helping investors turn this disastrous ma

Amazon Drops While Apple Serves as the Lone Bright Spot [Trade of the Day Wake-Up Watchlist] Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stocks slid on Friday after poor results from big tech companies. Contracts on the tech-heavy Nasdaq 100 slumped more than 1%. But despite the downturn, the S&P 500 is heading for a second week of gains for the first time since August. While markets have improved over the last few weeks, there’s still a chance for more pain ahead. See how Alpesh Patel, [the leading Stock Market Forecasting Champion for the Financial Times,]( is helping investors turn this disastrous market into the biggest windfall of their lives. [Click here to discover the GVI indicator.]( Here’s a look at the top-moving stocks this morning. Amazon.com, Inc. (Nasdaq: AMZN) Amazon is down 12.37% premarket after the retail giant missed on revenue and sales for its Amazon Web Services cloud business. Revenue came in at $127.1 billion versus $127.63 billion expected. The company also lowered guidance for the fourth quarter from $155 billion to $140 billion. With the tech sector undergoing a shift, you’ll want to see what our friend Andy Snyder is saying about the predicted [$13 trillion tech boom]( in January 2023. Right now he’s sharing insights into a stock that could be at the forefront of this revolution. [Click here to unlock this stock.]( Pinterest (NYSE: PINS) Pinterest is up 9.18% premarket after topping earnings expectations. The social media company was an outlier among other downbeat companies in its sector. Its ad business was still strong as users were engaging with the platform to take up inspiration for home renovation and recipe-based cooking. The growth was also fueled by Apple Inc.’s IOS 16 in September, according to finance chief Todd Morgenfeld. [This ONE Weekly Trade Is on Fire]( [Watch This Video TPU 85]( Former CBOE Trader Dishes the Secret to His [83% Win Rate]( Now he's GUARANTEEING he beats it! [You have to watch this.]( Edwards Life Sciences (NYSE: EW) Edwards Life Sciences is down 12.26% premarket after missing earnings. The tech company came out with earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.54 per share a year ago. Earnings reports can lead to big swings in a stock. However, if you follow Insider Buying (the legal kind), you could set yourself up for profits. [See how Head Fundamental Tactician Karim Rahemtulla does this in his Insider Matrix.]( CubeSmart (NYSE: CUBE) CubeSmart is up 9.14% premarket after posting a strong earnings report. The real estate company came out with quarterly funds from operations of $0.66 per share, beating the Zacks Consensus Estimate of $0.65 per share. It posted revenues of $261.41 million for the quarter ending in September 2022, surpassing estimates by 2.79%. Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team [Legendary Investor Paul Tudor Jones Predicts "Violent Death" for Putin]( [Putin Stressed]( Source: [WIkiMedia Commons]( Few people know this, but Putin just made the single biggest mistake of his life. It's not invading Ukraine... but it could have a profound effect on world markets. A market expert breaks down the opportunity [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](. © 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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