Wolfspeed Howls in Premarket

Silicon carbide tech leader strikes 10-year deal with Renesas Electronics Corp. [Trade of the Day Wake-Up Watchlist] Attention Readers: In case you were out of town celebrating July 4 and missed it, [you can catch up on Nate Bear's weekly watchlist by clicking here](. This week Nate is eyeing a stock in the software sector that contains his favorite chart pattern. [Click here to check out Nate’s weekly watchlist.]( Good morning Wake-up Watchlisters! While you’re recovering from July 4 festivities you’ll see stock futures fell on Wednesday. There was an eye-catching fall in Chinese services activity, leading to concerns about the health of the world’s second-biggest economy. Plus, the latest minutes from the Fed’s June meeting signal more potential rate hikes, although we may get a break for the time being. Despite this recent market dip, the economy has signaled bullish signs overall in 2023 and last week Bryan and Karim were out in full force. During our [War Room]( Open House, they made 25 trades, of which 22 of them were winners. Highlights included Bryan taking a 21.50% overnight gain on CVX and Karim capturing a 33.97% gain on PYPL in 48 trading days. [Click here to learn more about how The War Room works.]( Here’s a look at the top-moving stocks this morning. Wolfspeed, Inc. (NYSE: WOLF) Wolfspeed is up 13.57% premarket after the global leader in silicon carbide technology announced a wafer supply agreement with Renesas Electronics Corporation. As part of the deal, Wolfspeed will send a 10-year supply of silicon carbide and epitaxial wafers to Renesas, with the hopes of paving the way for Renesas to scale production of semiconductors starting in 2025. The semiconductor space has been heating up. One of the reasons for this is because of the heightened trade tensions between the U.S. and China. [Click here to see why our country is bringing semiconductor manufacturing back home and a stock that could surge 525% as a result.]( Rivian Automotive (Nasdaq: RIVN) Rivian is up 8.23% premarket after tech giant Amazon announced it would soon roll out its first European delivery vans from the start-up company. The electric vehicle stock is up so far in 2023, and its company’s production rose 200% year over year in the second quarter and sales increased by about 180%. [Marc's #1 Commodity Play for 2023]( Discover a unique $1 investment opportunity with the potential to return over 1,000% in as little as two years. [Click here now.]( Five Below (Nasdaq: FIVE) Five Below is up 2.34% premarket. Over the past 3 months, the stock has received 13 buy ratings and 1 hold rating from analysts. By the end of the first quarter of 2023, 32 hedge funds were bullish and disclosed positions worth $712.4 million in the company. The top investor was Rivulet Capital, with a stake of $132.7 million. Tesla, Inc. (Nasdaq: TSLA) Tesla is down 0.29% premarket after the company saw a 6.90% spike following the announcement that it will cut prices of its Model 3 and Y in Japan. It slashed its prices for Model 3 by about 3%, and reduced Model Y variants by around 4%. The Model 3 is now 5,245,600 yen ($36,362) in Japan. Does the perfect stock exist? The truth is… you can fund an entire retirement off one stock, but it isn’t easy. Our friend Alexander Green has a track record of finding some of the best stocks BEFORE they become household names. Right now he’s pounding the table on a dirt cheap stock he believes could be the cornerstone of your retirement in the coming years. [Click here to find out what that stock is.]( Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Bestselling Financial Author Warns: How to Protect Your Money From China's Evil Plot to Destroy America]( [Ambassadors at a Table]( The man CNBC calls "the Market Maven," who has consulted with several of the world's billionaires and political leaders... Just issued a rare warning urging investors to immediately protect their money... Before China can fully execute [their sinister plot to destroy America](. Smart investors should [watch this video NOW]( to receive all the important details on this looming crisis. [SEE THE URGENT DETAILS]( [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. 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