Chip Demand Grows...

Several tech stocks surge in premarket after stellar earnings report from foundry giant. [Trade of the Day Wake-Up Watchlist] Attention Traders: It’s Thursday and our Head Trading Tactician Bryan Bottarelli has a special bonus video for you. Today he’s talking about an important way to grow your trading confidence. If you're a beginner trader, you won't want to miss this. Click the image below to learn more. Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures gained on Thursday. Traders are coming to grips with the idea that interest rate cuts could be delayed beyond the first quarter. Now, the focus shifts to earnings as several tech companies report today (more on those below.) As we get further into earnings season, it’s crucial to know one specific strategy that could help you make gains regardless of the stock’s direction. Our Head Trading Tactician Bryan Bottarelli uses a simple trading method that allows him to make [one trade]( for potential gains in less than 24 hours. [Click here to learn how Bryan’s overnight trading strategy works.]( Here’s a look at the top-moving stocks this morning. Taiwan Semiconductor (NYSE: TSM) Taiwan Semiconductor is up 7.98% in premarket after the chipmaker gave a bullish forecast. The chip foundry giant predicted more than 20% revenue growth in 2024, fueled by demand for its artificial intelligence chips. Boeing (NYSE: BA) Boeing is up 1.15% in premarket trading after the airline maker received a big order for more MAX Jets. Boeing secured orders for 150 total planes, which was a boost considering the stock had been struggling due to safety and grounding issues. For more information on this developing story and how Karim and Bryan are playing it, [check out this edition of Trade of the Day Plus](. Advanced Micro Devices (Nasdaq: AMD) Advanced Micro Devices is up 3.03% premarket. The boost came as demand for its EPYC processors grows. The company will report earnings on January 30, 2024 and expectations are high. Revenues are projected to hit $6.11 billion, a 9.2% increase from the previous years. Plus, the current Zacks rank of #2 (buy) is also bolstering investor optimism. Yesterday Our Lead Technical Tactician Nate Bear closed a 115% winner on AMD in [Daily Profits Live]( in less than 1 trading day. [Click here to start following along with Nate’s trades in real time.]( Plug Power (Nasdaq: PLUG) Plug Power is down 16% in premarket trading. This drop came after the company filed for a potential $1 billion share offering. Investors are concerned about the dilution of shares and the potential impact on the company's value. Over the last two years, Plug Power's stock has declined over 88%, indicating ongoing challenges and investor skepticism about the company's financial strategies and market position. [We Could Be Less Than 3 Months Away From an AI Super-Event]( According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. [Click here.]( Discovery Financial Services (Nasdaq: DFS) Discovery Financial Services is down 10.59% premarket after reporting a significant decrease in fourth-quarter profit, primarily due to increased provisions for bad loans. The company's profit for the quarter fell 62%, with net income dropping to $388 million, or $1.54 per share, compared to $1.03 billion, or $3.74 per share, a year earlier. This decline was largely attributed to a higher provision for credit losses, which increased to $1.91 billion from $883 million the previous year. Draftkings (Nasdaq: DFS) DraftKings is DraftKings Inc. (NASDAQ: DKNG) is up 3% in premarket trading due to several factors. For one, it received positive analyst sentiment with an average brokerage recommendation leaning strongly towards a buy. It’s also seeing increased confidence from institutional investors, notably a 7.7% stake increase by the Bank of New York Mellon Corp. Lastly, the sports betting giant announced a partnership with TUMS® and comedian Desus Nice for the TUMS® Prop Bites. 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. 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