Attention Traders: It's Monday morning and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. This week he's got his eyes on a semiconductor company. You won't want to miss this one. Last week Nate took a 44.36% winner on COST in 1 trading day. He's currently on a mission to turn $37,000 into $1 million in just three years, and you can watch him trade by joining Daily Profits Live. Click here to learn how you can trade alongside Nate today. Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were down on Monday after major bank news (more on that below) and a shift to the Federal Reserve's latest policy decision this week. Recent economic data is showing a 25-basis point interest hike on Wednesday is 90% likely, according to CME Group's Fedwatch tool. Our Head Fundamental Tactician Karim Rahemtulla has been targeting banks and taking advantage of the Fed's current interest rate hikes for his Super Income Portfolio. Right now he believes his new "Super Income System" will make him $1 million within five years, and it's all because of a specific phenomenon going on in the markets that we haven't seen since 2007. Click here to unlock Karim's Super Income System. Here's a look at the top-moving stocks this morning. First Republic Bank (NYSE: FRC) First Republic Bank is down 45.87% premarket after US regulators seized the bank early Monday and sold its operations to JPMorgan Chase. This goes down as the largest bank failure since the 2008 financial crisis. The fall of the $233 billion First Republic is larger than both Silicon Valley Bank and Signature Bank, which were the second- and third-largest bank failures in US history at the time of their undoing seven weeks ago. |