Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stocks edged higher on Friday. US futures are finding their support level after another vicious sell-off sent the S&P 500 to a new low for the year. Overall, September will close a brutal month with indexes down roughly 8%, the Dow 7%, and the Nasdaq 3%. Are you prepared for a recession? Right now it's crucial to explore every avenue available to protect your assets and grow your wealth. Our Head Fundamental Tactician Karim Rahemtulla is talking about how a $3 alternative investment could be a good idea in times of economic turmoil. Click here to discover this rare opportunity. Here's a look at the top-moving stocks this morning. Nike (NYSE: NKE) Nike is down 9.34% premarket after the sneaker company's latest earnings report was littered with red flags. The shoe maker beat revenue and earnings estimates, but missed margins and guided down. Right now, Nike looks like an over-inventoried promo-chasing retailer. Arrival (Nasdaq: ARVL) Arrival is up 21.88% premarket after the electric vehicle company announced it had produced its first production verification vehicle from its Microfactory. Arrival produced the van using in-house technologies, including autonomous mobile robots, in-house components and a software defined factory. This is a milestone for at-scale production for the company. Right now, the electric vehicle sector is undergoing a once-in-a-lifetime transformation. And our friend Andy Snyder wants you to know about an electric vehicle stock he believes could overtake Tesla one day. Click here to unlock this $20 stock. |
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