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Retail Giant Gets Buyout Offer

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Mon, Mar 4, 2024 12:51 PM

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Macy's spikes in permarket trading after Arkhouse Management offers to buy company for $5.8 billion

Macy's spikes in permarket trading after Arkhouse Management offers to buy company for $5.8 billion [Trade of the Day Wake-Up Watchlist] Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Click the image below to see what he’s looking at. P.S. Nate has been on fire in [Profit Surge Trader]( lately. Last week he closed 11-of-11 trades for winners. That’s not a typo. Nate had a 100% win rate on all of his Profit Surge Trader trades, including a 132.80% winner on META in 2 trading days. He also just announced his latest One Ticker stock pick for the month. [Click here to reveal this monthly pick.]( Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were mixed on Monday. The indexes are coming off their highest levels ever, with the S&P 500 now up 16 of the last 18 weeks. Upcoming potential catalyst events include Federal Reserve Chair Jerome Powell’s semi-annual testimony and the February jobs report. One of the biggest reasons for the S&P's rally in 2024 has been the recent strong earnings of AI stocks like Nvidia, and last week our Head Trading Tactician Bryan Bottarelli made a trade in the AI sector in [The War Room](. He closed a 41.81% winner on AI in less than 1 trading day. [Click here to join Bryan and Karim in The War Room today.]( Here’s a look at the top-moving stocks this morning. Macy’s (NYSE: M) Macy’s is up 17.09% in premarket after the company received a $5.8 billion buyout offer from real estate investor Arkhouse Management and asset manager Brigade Capital Management. This offer values Macy’s at about $21 a share, representing a substantial premium over its recent closing prices. [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.]( Super Micro Computer (Nasdaq: SMCI) Super Micro Computer is up 13.64% in premarket due to two significant factors. Firstly, there was a general market reaction to Nvidia's outstanding earnings report, which highlighted the accelerating adoption of generative AI technology. Second, Super Micro Computer will be joining the S&P 500 index, set to happen before the market opens on March 18. Our Lead Technical Tactician Nate Bear recently opened a trade on SMCI in [Daily Profits Live](. [Click here to unlock that trade.]( [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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