An Overlooked Industry Seeing 2,162% Gains 🚀

Good Morning! Hey, there! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Happy Friday! It's November 3rd. I hope you have a great weekend. Now, let's get ready to trade! Markets 📈 Stocks gained again on Thursday, as investors cheered the Fed's decision to hold rates steady. The S&P 500 led the way with a 1.8% rally, followed closely behind by the Dow & Nasdaq, who both gained 1.7%. However, the real star of the show was the small-cap Russell 2K with a 2.6% rally. This morning, futures are in a holding pattern ahead of today's jobs report. S&P 500 contracts are holding near flat. Sponsored [An Overlooked Industry Seeing 2,162% Gains]( The U.S. government is moving towards electric cars, and European countries are phasing out gas-powered vehicles entirely, with Norway banning oil and gas and England following by 2030. This proves the future is in electricity. Investors are flocking to get in before this company gets a deal like Mercedes gave to their partner. [Get the Details Here Before it Takes Off]( Premarket Highlights 🔎 🍎 Apple Earnings Disappoint Shares of Apple [AAPL] are trending down after the company released its latest quarterly results following Thursday's close. Apple reported stronger-than-expected earnings and revenues for its fiscal Q4, but it declined to issue any forward-looking guidance. Apple insisted its iPhone sales numbers were strong on its post-earnings conference call, but the decision not to issue guidance speaks volumes. It wasn't a terrible quarter for Apple, but these Big Tech darlings need to hit homeruns every quarter to sustain their elevated valuations. Apple could have some trouble gaining ground in the weeks ahead as a result of the sentiment shift. What to Watch Today 👀 Jobs Report The October Employment report will cap off a busy week for both the economy and corporate earnings at 8:30 a.m. today. These numbers will likely have a strong influence on the trading session. Even a bad number could get a positive response because it would give the Fed more reason to lean dovish on its upcoming policy decisions. Major Earnings 💰 DBA Sempra [SRE] ... AM Dominion Energy [D] ... AM Gartner [IT] ... AM Cardinal Health [CAH] ... AM Church & Dwight Company [CHD] ... AM Cboe Global Markets [CBOE] ... AM Corebridge Financial [CRBG] ... AM Microchip Technology Incorporated [MCHP] ... PM Economy 🏗 - Jobs Report [Oct] ... 8:30a - S&P U.S. services PMI [Oct] ... 9:45a - ISM services [Oct] ... 10:00a Running Hot 🔥 Gainers - Altamira Therapeutics [CYTO] >> +23.4% - Qurate Retail [QRTEA] >> +22.7% - Bioamerica [BMRA] >> +14.5% Decliners - Bill Com [BILL] >> (30.8%) - Nextimmune [NEXI] >> (17.1%) - Fortinet [FTNT] >> (19.8%) Expedia Group [EXPE] - Last Close: $94.84 Expedia is taking off after a strong earnings report. The travel company reported strong Q3 results and announced a $5 billion share buyback after Thursday's closing bell. Expedia generated EPS of $5.41 against the Street's $4.93 consensus. Revenues of $3.929 also surpassed analysts' $3.857 billion estimate. The company said quarterly booked rooms were up 9% compared to last year, and reiterated its guidance for double-digit topline growth. EXPE is leading the S&P 500 with a 10.4% gain. My Take: Travel is back! EXPE topped out at $120 per share a few months ago. Could this be the beginning of a pivot? DigitalOcean [DOCN] - Last Close: $21.23 DigitalOcean is rallying after an earnings report. The cloud computing company reported its fiscal Q4 results after Thursday's close, and investors are cheering the results. DigitalOcean reported EPS of $0.44 against the Street's $0.38 target, and its $177.06 million revenue figure beat their $173.32 million target as well. The company also released Q4 guidance that surpassed expectations, and shares are taking off as a result. DOCN is one of this morning's top stocks with a 23.2% gain. My Take: DOCN has suffered a long draw down since it hit a 52-week high of $51 in July. However, it could be on the comeback trail. Volume is spiking, and its 11.91% short percentage means a short squeeze could be in the cards. Turnstone Biologics [TSBX] - Last Close: $3.29 A clinical update is lifting shares of Turnstone Bio today. The tiny biotech said it will present preclinical data from a study of its Tumor-Infiltrating Lymphocyte (TIL) therapy at an upcoming industry conference. Turnstone said it will present four clinical posters at on Nov. 4th starting at 9 a.m. at the Society for Immunotherapy of Cancer (SITC) in San Diego. CSO Stewart Abbot said, "We are pleased to share the promising results presented at SITC that further highlight our differentiated approach." TSBX is today's top premarket stock with a 41.3% gain. My Take: TSBX is getting a boost from this press release, but we won't get the full picture until it presents the clinical data. Be careful with this one. Werewolf Therapeutics [HOWL] - Last Close: $2.15 New clinical data is boosting Werewolf Therapeutics today. The tiny biotech presented preliminary data from a Phase 1/1b trial establishing proof of mechanism for WTX-124 at an industry conference. Werewolf said early data on WTX-124 provides "compelling early evidence of dose-dependent biomarker and antitumor activity." in certain cancers. The drug was well tolerated, and the company plans to launch a continued dose-escalation cohort sometime in this first half of 2024. HOWL is one of today's top movers with a 41.4% premarket gain. My Take: HOWL has been very volatile lately, but it has an intact up-trend. This catalyst could help it break through into a new trading range. That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris D. -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 to sign up now and get our watchlists sent directly to your phone! Or text CLOSE to 47121 to get on the mobile alert list for our Closing Bell Roundup report, featuring the day's top winners and losers. *Standard message/carrier rates may apply. 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. [Bots click here]( 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](