- Stocks Telegraph
- Posts
- 23 Sep - NH - Morning Newsletter (with survey at top and bottom)
23 Sep - NH - Morning Newsletter (with survey at top and bottom)
4 Hot Stocks to Watch Before Weekend
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!In response to the Fed's rate hike and concerns about a potential economic downturn, stock futures were lower on Friday morning.There was a 0.51% decline in the Nasdaq 100. A decline of 133 points, or 0.44%, was reported in futures for the Dow Jones Industrial Average. Futures for the S&P 500 fell by 0.46%.During extended trading, Costco's stock fell 2.6%. Although the retailer topped analysts' expectations in its fiscal fourth quarter, freight and labor costs have remained high.The market continued to lose ground on Thursday as it remains poised to end the week below where it began. Nasdaq Composite fell 1.4% to 11,066.81. The S & P 500 declined 0.8% to 3,757.99, while the Dow Jones Industrial Average fell 0.3% to 30,076.68.As a result of the latest pullback, the Dow has lost 2.4% this week. Over the past week, both the S&P 500 and Nasdaq declined by 3% and 3.3%, respectively.
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.
Today Top Movers
T2 Biosystems Inc. (TTOO) stock soared 18.23% to $0.1057 in the pre-market trading after announcing commercial expansion through distributors in Baltic Region.
Snow Lake Resources Ltd. (NASDAQ: LITM) shares are trading up 11.74% at $2.57 at the time of writing following the signing of a non-binding Memorandum of Understanding (MOU) with LG Energy Solution.
Cano Health, Inc. (CANO) grew over 8.15% at $9.02 in pre-market trading today after the Wall Street Journal reported that Humana and other possible bidders are circling the primary care center operator.
Siyata Mobile Inc. (SYTA), a Communication Equipment company, jumped about 7.32% at $0.4574 in pre-market trading Friday after announcing that it has received a purchase order from a federal government contractor who will provide Uniden® cellular booster kits and accessories to the U.S. Navy.
Hidden Income 'hack'
This hidden income strategy was just leaked and it can be yours now. It goes in depth about how you can start off with a small account and turn that into your own weekly paycheck. Learn how you can GAIN that extra advantage over what others aren't doing.
Top Upgrades & Downgrades
Evercore ISI Group turned bullish on Spero Therapeutics Inc. (SPRO), upgrading the stock to Outperform and assigning a $8.00 price target, representing potential upside of 263.64% from Thursday's close.
Apollo Global Management, Inc. (APO) has won the favor of BofA's equity research team. The firm upgraded the shares from Underperform to Neutral and moved their price target to $70.00, suggesting 35.89% additional upside for the stock.
Domino's Pizza Inc. (DPZ) received an upgrade from analysts at BMO Capital, who also set their one-year price target on the stock to $430.00. They changed their rating on DPZ to Outperform from Market Perform in a recently issued research note.
Earlier Friday Cowen & Co. reduced its rating on Iris Energy Limited (IREN) stock to Market Perform from Outperform and assigned the price target to $4.30.
Barclays analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Digital Realty Trust Inc. (DLR) has been changed to Underweight from Equal Weight and the new price target is set at $91.00.
Analysts at Barclays downgraded Equinix Inc. (EQIX)'s stock to Equal Weight from Overweight Friday.
The A.I. That Every Trader Should Use
There's nothing wrong with the diligent analysis you're doing. That's a huge reason why you've been successful so far, but that's not enough.
Unfortunately, you'll never fully take control of your financial future if you're only using information from the past – lagging indicators and historical data. To bring your trading success to new heights, you will need a tool that uses past data to predict future stock movements.
Latest Insider Activity
HashiCorp Inc. (HCP) Chief Financial Officer Welihinda Navam announced the sale of shares taking place on Sep 22 at $27.35 for some 13,934 shares. The total came to more than $0.38 million.
Amyris Inc. (AMRS) Director Kung Frank sold on Sep 21 a total 200,000 shares at $3.50 on average. The insider’s sale generated proceeds of almost $700,000.
Restaurant Brands International Inc. (QSR) Director SWEENEY THECLA declared the purchase of shares taking place on Sep 20 at $58.60 for some 700 shares. The transaction amount was around $41020.0.
Hudson Pacific Properties Inc. (HPP) Director HARRIS ROBERT L II bought on Sep 20 a total 12,000 shares at $12.31 on average. The purchase cost the insider an estimated $147,720.
The $1.3 Trillion Global Pharma Industry's #1 New Disruptor?
Pharma supply chain companies are absolutely killing it. This one, in particular, recently joined the Nasdaq. With 160+ clients and vendors, they have a global network that is mind-blowing. Killer revenue growth of 40% gross profit growth of nearly 120% paints a picture of a Pharma company on the rise.
Important Earnings
Top US earnings releases scheduled for next 5 days include InMed Pharmaceuticals Inc. (NASDAQ: INM). It will announce its Jun 2022 financial results. The company is expected to report earnings of -$5.5 per share from revenues of $750k in the three-month period.
Analysts expect Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) to report a net income (adjusted) of $1.39 per share, when the company releases its quarterly results Tuesday. Revenue for the fiscal quarter ended Jul 2022 is predicted to come in at $838.28M.
Jabil Inc. (JBL), due to announce earnings before the market opens Tuesday, is expected to report earnings of $2.14 per share from revenues of $8.39B recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
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.