New Trade for September 11th, 2020

Stocks plunged yesterday afternoon, finishing the day with all sectors down.  This morning, futures for the major indices are making a comeback before pre-market trading, pointing to a slightly green open.  Today’s session could get interesting as we finish up the week. 



Share price for Oracle (ORCL) is getting a boost after the software giant beat Wall Street’s first-quarter earnings and revenue expectations.  Oracle reported 2% growth in revenue to $9.4 billion, while earnings rose 16% to 72 cents a share.  Analysts were expecting sales of $9.17 billion and earnings of 67 cents.  

The earnings beat has inspired multiple analysts for some of the top firms to raise their price target for ORCL shares.

  • $62 from $58 Morgan Stanley
  • $69 from $61 Goldman Sachs
  • $68.75 from $62.50 Wells Fargo
  • $59 from $52 Barclays 
  • $66 from $62 Credit Suisse
  • $50 from $44 Piper Sandler
  • $65 from $55 Jefferies

If the tide shifts for the market at large in today’s session (like it did yesterday), it could weigh heavy on ORCL’s momentum.  If the recent earnings beat and raised price targets are any indicator, ORCL may bring solid gains through the weekend and beyond. 



NEXT:



Trump To Launch New Manhattan Project
That Could Make Early Investors A Fortune

As you know, the Manhattan Project in Los Alamos was a historic initiative that helped the U.S. defeat Hitler and make America the world’s undisputed superpower for generations to come.

But what you may not realize is…

The Manhattan Project was equally amazing for investors, too.

In fact, a small handful of tech stocks that helped Roosevelt and Oppenheimer launch the Manhattan Project soared for two straight decades, handing investors windfalls of 5,000% to 10,000%.

It was so lucrative… A mere $1,000 into each of these stocks would have turned into over $570,000.

A stake of $10,000 would have turned into $5.7 million.

So why am I telling you this now?

Because as you’re about to see here…History doesn’t repeat, but it often times rhymes.

And by April 30, a whole new Manhattan Project is set to begin:

Trump’s Manhattan Project.

Folks, I just spent six months investigating this…and what I found is shocking.

Trump is going to launch this new Manhattan Project on April 30 by Executive Order 001.

It will be a full-blown, balls-to-the-walls, do whatever it takes effort by the United States to control the most powerful technology ever conceived.

It will radically alter human history in a way we’ve never seen before.

And just like the original Manhattan Project… early investors will have a chance to become rich beyond their wildest dreams.

I believe a whole new generation of millionaires will be minted beginning April 30.

You could be one of them.

Click here and I’ll show you exactly how to position your money so you can claim your fair share of wealth that will flow from Trumps first big move.

Regards,

Ian King
Chief Strategist, Strategic Fortunes