A sharp target bump has this high-speed cable maker sprinting on AI optimism, but parabolic charts cut both ways. The smarter move is to wait for calmer pullbacks, cap how much space it gets in your portfolio, and use simple profit-taking rules so volatility works for you instead of against you.

Hidden Copper Momentum (Sponsored)
In 2016, NVIDIA CEO Jensen Huang hand-delivered the world's first AI supercomputer to Elon Musk and OpenAI.
Now, nine years later...
Jensen just delivered the world's first "AI factory supersystem" to Sam Altman and OpenAI.
And tech legend Jeff Brown says early investors have a chance to pocket gains of 200%, 300%, 750%, even 1,200% or more...
After Jensen Huang's shocking live reveal as early as Jan 6, 2026.
Click here to see NVIDIA's secret master plan while you can.

Futures at a Glance📈
Futures are inching higher as traders try to shake off Monday’s wobble, even with crypto still sulking and AI darlings under valuation stress. Hopes for a December Fed cut and the usual Santa rally seasonality are doing the heavy lifting, while bears grumble about whether the AI buildout can really keep paying for itself.


Want to make sure you never miss a pre-market alert?
Elite Trade Club now offers text alerts — so you get trending stocks and market-moving news sent straight to your phone before the bell.
Email’s great. Texts are faster.
You’ll be first in line when the market starts moving.

What to Watch
Premarket Earnings:
Bank of Nova Scotia [BNS]
Signet Jewelers [SIG]
Aftermarket Earnings:
CrowdStrike [CRWD]
Marvell Technology [MRVL]
Pure Storage [PSTG]
Okta [OKTA]
GitLab [GTLB]
Box [BOX]
Economic Reports:
Fed Vice Chair for Supervision Bowman testifies: 10:00 am
Auto sales (Nov): TBA

Software & AI
MongoDB Just Got A Bigger Upgrade Than Your Phone

Mongodb Inc (NASDAQ: MDB) just dropped one of those quarters that makes Wall Street start rewriting its Christmas lists. Growth is humming, the cloud business is clicking, and now you’ve got a fresh batch of price targets racing higher, including one that basically says, “yeah, $500 isn’t crazy.”
That’s how you end up with a stock gapping up before most people have found their coffee.
Under the hood, the story is simple: more customers, more spend per customer, and more people deciding the old-school database they’ve been using since dial-up isn’t cutting it anymore.
Layer in the AI buzz of build your app here, keep all your data in one place, please and thank you, and you can see why the hype machine is running hot. The stock has already put up a big run over the last six months, so a lot of that optimism is in the price.
The risk now is less about whether this business works and more about how perfect the next update needs to be to keep this party going. Big gaps can turn into big hangovers if the next quarter is merely good instead of great. The story is strong, but expectations might be even stronger.
My Take For You: Treat this as a name you scale into, not chase. Starter position only on pullbacks, add if growth stays sturdy and the next print doesn’t break the story.
My Verdict: Quality growth ride, but buy the dips, not the sugar-high spikes. Great for patient money that can stomach mood swings.

Cloud & Data
Snowflake Is Rolling Into Earnings With Everyone Watching

Snowflake Inc (NYSE: SNOW) heads into earnings like the kid who promised straight-A’s all year: grades have been good, but now everyone’s staring at the report card.
The stock’s already had a big run on the idea that AI + data = money, and analysts hiking targets into the print just dial up the pressure. When expectations get this high, even pretty good can land like a shrug.
The setup is all about how much real-world usage is showing up, not just AI buzzwords on slides. Customers are already paying up to park and crunch data on the platform, and the bet is that more AI tools means more reasons to stick around and spend.
At the same time, plenty of investors still remember the last time Snowflake went from market darling to “why is this down 30%?” in what felt like a long weekend.
That’s why this report looks more like a crossroads than a casual check-in. Strong guidance and healthy demand? The stock can keep climbing and justify the hype. Soft commentary or a hint that growth is slowing? You can get one of those air-pocket drops that make just buying before earnings feel like a bad life choice.
My Take For You: If you’re new, let earnings hit first and see how the stock handles the news. If you’re already in, consider trimming a little into strength so a wobbly reaction doesn’t wipe out months of gains.
My Verdict: Premium name with a premium price. Worth owning, but treat the next few days like event risk, not background noise.

Get Free Reportg (Sponsored)
Analysts reviewed hundreds of companies and found 5 stocks positioned for potential double-digit growth.
These names show strong demand, improving performance, and long-term potential.
The complete list is free to review, but not for long.
See the Double-Digit Growth Report Free
*This free resource is being sent by Zacks. We identify investment resources you may choose to use in making your own decisions. Use of this resource is subject to the Zacks Terms of Service.
*Past performance is no guarantee of future results. Investing involves risk. This material does not constitute investment, legal, accounting, or tax advice. Zacks Investment Research is not a licensed dealer, broker, or investment adviser.

Semiconductors
The AI Cable Star Credo Just Got Plugged Into A Bigger Story

Credo Technology Group Holding Ltd (NASDAQ: CRDO) is basically selling shovels in the AI gold rush, and investors just watched a big bank slap a much higher price target on the stock like yep, this could be one of the winners.
Somebody has to wire up all those data centers that Nvidia and friends are feeding, and Credo is quietly becoming one of the go-to brands for that high-speed plumbing.
The fun part is how many big customers are now in the mix – several large cloud players ramping orders, with more lining up. That’s how a mid-cap suddenly starts trading like a momentum name: every whisper of new design win or bigger order book turns into another leg higher.
Of course, when everyone crowds into the same small boat, even a minor wobble in demand or a cautious comment on a call can make waves.
So the story here isn’t just price target up. It’s that Credo is moving from niche player to key pick-and-shovel for the AI build-out, and the stock is starting to price in a very bright future. If that future shows up on schedule, you look smart.
If it stutters – or a bigger rival undercuts them – these gains can deflate faster than a party balloon the next morning.
My Take For You: Interesting for a small, speculative slice of an AI basket. Size it like a satellite position, take partial profits on big pops, and don’t be shy about stepping aside if the tone cools.
My Verdict: High-beta way to play the AI infrastructure theme. Fun for active traders and AI believers, but not the core holding you trust to help you sleep at night.

Poll: What’s your approach to subscriptions?

Movers and Shakers

Datadog Inc [DDOG]: Premarket Move: +4%
Wall Street is still tossing treats at this cloud watchdog after a big earnings beat and a fresh round of price target hikes.
Still, customers keep piling in, AI buzz helps, and the stock keeps jogging higher even after a noisy November. Just remember, this is a high-multiple momentum dog, not a sleepy utility.
My Take: If you want in, scale in small on red moves instead of chasing every green one, and set a clear “I am out here” level so one bad quarter does not chew up your account.
Janux Therapeutics Inc [JANX]: Premarket Move: −39%
Classic biotech morning: the trial update hit, the Street shrugged, and the stock fell down an elevator shaft.
The data was not a disaster, but it was messy and slow, and in a crowded cancer race, that is enough to send fast money running for the exits. This is the kind of name that can take years to prove itself and a few minutes to ruin your mood.
My Take: If you are not already a biotech junkie, treat this as watch list homework, not a bargain bin special. If you insist on playing it, think lottery ticket and decide in advance where you pull the plug.
Symbotic Inc [SYM]: Premarket Move: −6%
The warehouse robot star is stumbling after a big bank slapped it with a Sell and asked awkward questions about its SoftBank joint venture and cash flow.
When one giant customer and a circular JV are doing most of the heavy lifting, even a hot chart can start to look wobbly. The long-term automation story is cool, but expectations already ran a marathon this year.
My Take: If you are up big, days like this are a polite reminder to skim some gains and de-risk. If you are on the sidelines, let the downgrade drama play out and look for a deeper, calmer pullback instead of trying to catch the first dip.

Immediate Action Needed (Sponsored)
A select group of stocks has risen to the top of this month’s short-term rankings.
Each one passed a data-driven screen for near-term growth potential.
The complete list is now available for free viewing.
Discover which stocks could be poised for strong performance this month.
See the Free 7 Best Stocks Report Now

Everything Else
SoftBank’s boss got emotional talking about his massive AI bet, a reminder that the Nvidia-fueled moonshot still has plenty of feelings baked in.
Cooling price data showed euro zone inflation easing again in November, giving the ECB a bit more breathing room while rate-cut chatter quietly picks up.
Samsung pulled the curtain back on a Galaxy Z “trifold”, turning one phone into three screens and cranking up the folding-phone arms race with Chinese brands and Apple.
Prosecutors in Taipei charged a local Tokyo Electron unit over alleged theft of TSMC trade secrets, showing how chip IP has become frontline territory.
OpenAI says it will upgrade ChatGPT first and punt ad products and news-style tools down the road, signaling a better product now, monetization later plan.

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.
Best Regards,
— Adam Garcia
Elite Trade Club
Click here to get our daily newsletter straight to your cell for free.
P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.




