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Tech Flexes in Premarket

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Fri, Jan 19, 2024 01:05 PM

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Indexes rally as major tech companies show strong demand. . And as a result of the tech rally, Nate

Indexes rally as major tech companies show strong demand. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures climbed on Friday, putting the S&P 500 on pace for a new record high. Another tech stock also rallied this morning after Taiwan Semiconductor jumped in yesterday’s premarket trading. Overall, the latest tech boosts are countering the uncertainty surrounding interest rate cuts in 2024. With the indexes approaching all-time highs, our Lead Technical Tactician Nate Bear called for this in his latest video. [You can read more about his thought process here](. And as a result of the tech rally, Nate closed a massive 800% winner on AMD in 2 trading days. [Click here to learn more about Nate’s TPS trading system and his mission to turn a $37,000 account into $1 million in verified trading profits.]( Here’s a look at the top-moving stocks this morning. Super Micro Computer, Inc. (Nasdaq: SMCI) Super Micro Computer is up 13.67% in premarket trading after the data specialist raised its sales and earnings guidance significantly for the December quarter. The San Jose, California company now expects sales of $3.6 billion to $3.65 billion, up from its prior guidance of $2.7 billion to $2.9 billion. Our Lead Technical Tactician Nate Bear recently opened a trade on SMCI in [Daily Profits Live](. [Click here to unlock that trade.]( iRobot Corporation (Nasdaq: IRBT) iRobot's stock plummeted 35.8% in premarket trading following news that the European Union's competition watchdog is likely to veto Amazon.com Inc’s acquisition of iRobot. This significant drop reflects investor uncertainty and regulatory challenges. [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.]( Wayfair (NYSE: W) Wayfair is up 10.51% premarket. The furniture company announced a workforce realignment plan this morning. The plan involves a workforce reduction of approximately 1,650 employees, representing approximately 13% of its global workforce and 19% of its corporate team. Huntsman Corporation (NYSE: HUN) Huntsman is down 7.42% in premarket trading. The dip came after the chemical company missed the Zacks Consensus Estimate in earnings of 19 cents. Revenues were $1,506 million, down around 25.1% year over year. Also, revenues from the polyurethanes segment declined 23% year on year to $967 million. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [It's Called "the Singularity"]( A new indicator shows "the Singularity" could launch as soon as three months from now. This is the moment we've all feared, when artificial intelligence officially surpasses human intelligence. And when the Singularity hits, the entire world will be thrown into chaos. [Click here to learn how to prepare yourself for what's to come.]( [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](. © 2024 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 personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a 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. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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