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Fri, Mar 1, 2024 12:42 PM

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Bank falls 28% in premarket after a series of negative announcements. Good Morning Wake-Up Watchlist

Bank falls 28% in premarket after a series of negative announcements. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were down on Friday. The markets are pulling back after contracts on the S&P 500 and Nasdaq 100 closed at record highs. New York City Bancorp fell more than 25% (see stock list below) and Thursday’s inflation reading was more encouraging than expected, showing a 0.4% increase, up 2.8% from a year ago. With upward movement in the markets yesterday, our Head Trading Tactician Bryan Bottarelli got positioned on AI in [The War Room](. He closed the trade for a 41.8% gain in 1 trading day. [Click here to see how Bryan's overnight strategy could double your money while you sleep.]( Here’s a look at the top-moving stocks this morning. New York City Bancorp (NYSE: NYCB) New York City Bancorp is down 28.18% in premarket after a series of negative announcements. The bank disclosed a massive fourth-quarter loss of $2.7 billion. Also, CEO Thomas Cangemi departed the company. This follows a rapid expansion in 2023, including acquisitions that propelled the bank over the $100 billion asset threshold, triggering new regulatory requirements. These developments led to downgrades and concerns over the bank's ability to integrate its acquisitions and meet regulatory standards. NetApp (Nasdaq: NTAP) NetApp is up 17.09% in premarket after the company lifted its annual profit forecast, benefiting from resilient demand for cloud services. This comes amid enterprises investing in high-performance storage to utilize artificial intelligence for enhancing business productivity. The company's modern approach to unified data storage is resonating well with customers. NetApp now expects its full-year 2024 adjusted profit per share to be between $6.40 and $6.50, an increase from the prior range of $6.05 to $6.25. With the first 2024 earnings season fading into the rearview, our Lead Technical Tactician Nate Bear recently announced his next [Profit Surge Trader]( pick. Nate focuses on following the “post-earning surge” chart pattern, which allows him to trade ONE TICKER over and over again for maximum potential gains. [Click here to get Nate’s next pick.]( [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.]( Dell Technologies (NYSE: DELL) Dell is up 22.62% in premarket trading after reporting Q4 earnings that surpassed expectations. The company announced revenue of $22.32 billion, beating estimates of $22.15 billion, and adjusted earnings per share of $2.20, surpassing the expected $1.72. Additionally, Dell is increasing its dividend to shareholders to $1.78 per share. This performance was driven by strong demand for information technology equipment, especially for artificial intelligence work, indicating a recovery in the PC market and a surge in demand for AI servers. Advanced Micro Devices (Nasdaq: AMD) Advanced Micro Devices is up 2.67% premarket after reaching new all-time highs. The company reached a $300 billion valuation, partly due to enthusiasm surrounding artificial intelligence (AI). The tech sector, especially AI-related stocks like AMD, has been buoyed by positive market sentiment and bullish analyst outlooks on the sector. This comes amid broader market movements and expectations around interest rate cuts, which have also contributed to the rally in tech stocks. Our Lead Technical Tactician closed a winning trade on AMD yesterday in [Daily Profits Live](. [Click here to start getting Nate’s trades in real time.]( 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. [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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