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  • 07 Dec - NH - Morning Newsletter (with survey at top and bottom)

07 Dec - NH - Morning Newsletter (with survey at top and bottom)

4 Stocks You Must Watch Before the Market Opens

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Good Morning!Wednesday morning, stock futures were just under the flat line.S&P 500 futures dropped 0.06%, Dow Jones Industrial Average futures decreased 0.06%, while Nasdaq 100 futures declined 0.07%.Dow Jones fell more than 350 points, or 1.03%, during regular trading yesterday. Meanwhile, the S&P 500 is down 1.4% and the Nasdaq Composite is down 2%.The moves are a result of investors losing hope that the Federal Reserve will engineer a soft landing. In lieu of that, concerns were swirling over the state of the economy and whether a recession is on the way.The Fed will release more economic data this week that will provide further clues to what investors can expect. A weekly report on mortgage loan applications will be released by the Mortgage Bankers Association on Wednesday.A number of companies are still expected to report earnings. GameStop and Campbell Soup will post their earnings results later on today.

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By 2040, Morgan Stanley believes the space tourism industry could be worth about $1Tn.

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Today Top Movers

TransCode Therapeutics Inc. (RNAZ) stock soared 58.65% to $0.666 in the pre-market trading after announcing that it withdrew the Registration Statement on Form S-1.

MongoDB Inc. (NASDAQ: MDB) shares are trading up 27.85% at $184.98 at the time of writing after the company reported third-quarter earnings exceeding analyst consensus expectations.

Meta Materials Inc. (MMAT) grew over 12.31% at $2.19 in pre-market trading today. The company announced results of annual meeting of shareholders.

Fusion Fuel Green PLC (HTOO), a Utilities - Renewable company, rose about 12.2% at $5.7 in pre-market trading Wednesday after reporting that it has been approved for a total of €36 million in grant funding for its “Sines Green Hydrogen Valley Alliance” through Component 5 of Portugal´s Recovery and Resilience Plan.

Own the Next Major US Gold Discovery for Just US$1 Per Share

Smart investors are making an absolute killing on select gold stocks as inflation soars. But what's the safest and smartest way to invest? Here's an under-the-radar Canadian gold company that's zeroing in on the next major US gold discovery… trading at an insanely low US$1 per share.

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Top Upgrades & Downgrades

JMP Securities turned bullish on MongoDB Inc. (MDB), upgrading the stock to "Outperform" and assigning a $215 price target, representing potential upside of 48.59% from Tuesday's close.

Tradeweb Markets Inc. (TW) has won the favor of Raymond James's equity research team. The firm upgraded the shares from Market Perform to Outperform and moved their price target to $74, suggesting 14.29% additional upside for the stock.

Haleon plc (HLN) received an upgrade from analysts at Barclays. They changed their rating on HLN to Overweight from Equal Weight in a recently issued research note.

Earlier Wednesday UBS reduced its rating on Autoliv Inc. (ALV) stock to Neutral from Buy and assigned the price target to $86.

Citigroup analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Coterra Energy Inc. (CTRA) has been changed to Sell from Neutral and the new price target is set at $23.

Analysts at Citigroup downgraded Southwestern Energy Company (SWN)'s stock to Neutral from Buy Wednesday.

Forbes mag says this strategy "like finding money in the street"

And Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday.

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Latest Insider Activity

Starry Group Holdings Inc. (STRY) 10% Owner TIGER GLOBAL MANAGEMENT LLC announced the sale of shares taking place on Dec 05 at $0.16 for some 146 shares. The total came to more than $24.0.

ContextLogic Inc. (WISH) Chief Product Officer Jain Tarun Kumar sold on Dec 02 a total 88,000 shares at $0.69 on average. The insider’s sale generated proceeds of almost $60738.0.

New York Community Bancorp Inc. (NYCB) Director Lux Marshall declared the purchase of shares taking place on Dec 06 at $8.53 for some 6,000 shares. The transaction amount was around $51180.0.

Fisker Inc. (FSR) Director Greuel Wendy J. bought on Dec 05 a total 1,355 shares at $7.28 on average. The purchase cost the insider an estimated $9,858.

25-cent Copper-Gold-Silver Opportunity You Don't Want to Miss

Investors are preparing for historic gains as this tiny, undiscovered US$0.25 per share mining company readies the drills in what may soon prove to be one of the largest and richest copper-gold discoveries on record. Already, some of the world's biggest mining firms have staked a strategic position in this 25-cent miner.

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Important Earnings

Top US earnings releases scheduled for today include Campbell Soup Company (NYSE: CPB). It will announce its Oct 2022 financial results. The company is expected to report earnings of $0.88 per share from revenues of $2.45B in the three-month period.

Analysts expect Academy Sports and Outdoors Inc. (NASDAQ: ASO) to report a net income (adjusted) of $1.59 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Oct 2022 is predicted to come in at $1.55B.

Ollie's Bargain Outlet Holdings Inc. (OLLI), due to announce earnings before the market opens today, is expected to report earnings of $0.41 per share from revenues of $429.11M recently concluded three-month period.

That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team

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Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.