Good Morning, Traders!…👋

Stock futures were mostly flat early Friday as investors awaited January’s key jobs report.

In after-hours trading, Amazon shares dropped 4% following disappointing guidance. The e-commerce giant projected revenue growth of just 5% to 9% for the first quarter—its slowest on record—overshadowing solid fourth-quarter earnings that beat both top and bottom-line expectations.

Despite a rocky start to the week, all three major indexes are poised to notch modest gains. The S&P 500 is on track for a 0.7% rise, the Nasdaq is eyeing a 0.8% increase, while the Dow lags slightly with a 0.5% weekly climb. Stocks have largely rebounded from Monday’s sell-off, triggered by President Donald Trump’s announcement of 10% tariffs on Chinese imports. Markets stabilized after the president paused 25% tariffs on goods from Canada and Mexico.

Investors now turn their attention to January’s jobs report, due at 8:30 a.m. ET. Economists surveyed by Dow Jones expect nonfarm payrolls to increase by 169,000, down from the 256,000 jobs added in December, with the unemployment rate anticipated to hold steady at 4.1%.

Happening Today

✓ 08:30 AM ET – Average Hourly Earnings (MoM) (Jan)

✓ 08:30 AM ET – Nonfarm Payrolls (Jan)

✓ 08:30 AM ET – Unemployment Rate (Jan)

✓ 10:00 AM ET – Fed Monetary Policy Report

✓ 10:00 AM ET – Michigan Consumer Expectations (Feb)

✓ 03:00 PM ET – Consumer Credit (Dec)

✓ 03:30 PM ET – CFTC Nasdaq 100 and S&P500 speculative net positions

PREMARKET SNAPSHOT 📈

As of February 7, 2025, U.S. stock futures are exhibiting mixed movements ahead of the anticipated January employment report. The S&P 500 futures are slightly down by 0.02%, while Dow Jones Industrial Average futures have inched up by 0.04%. The Nasdaq futures are marginally higher, showing a 0.05% increase. Investors are closely monitoring these developments in anticipation of the upcoming labor market data.

SECTOR SNAPSHOT✨

Yesterday markets closed mostly higher, led by gains in Consumer Discretionary, Financials, and Information Technology. Consumer Staples and Industrials also advanced, while Real Estate and Materials posted modest upticks. Communication Services edged up slightly, but Energy and Health Care lagged behind with notable declines. Utilities remained relatively flat, reflecting muted investor interest.

PreMarket Unusual Volume Stocks

📈 Farmer Bros. Co (FARM) is trading with 1,473,529 shares in pre-market, significantly surpassing its average volume of 84,370. The stock is up 12.22%, priced at $2.02.

📈 Universe Pharmaceuticals Inc (UPC) shows heavy activity with 51,184,672 shares traded pre-market, far above its 2,939,120 average volume. The stock is up 70.12%, trading at $0.27.

📈 NewGenIVF Group Ltd (NIVF) has a pre-market volume of 21,370,057, compared to an average of 5,881,960. The stock is priced at $0.18, up 19.15%.

📈 MGO Global Inc (MGOL) is seeing significant pre-market movement with 45,428,697 shares traded, far exceeding its 16,685,910 average. The stock is up 75.08% at $0.32.

📈 Lottery.com Inc (LTRY) is trading 15,078,710 shares pre-market, compared to an average volume of 7,159,890. The stock is up 34.04%, currently priced at $1.89.

Premarket Picks

Doximity, Inc. (DOCS) surged 23.53% to $1.97 in pre-market trading after announcing fiscal Q3 2025 results for the quarter ended December 31, 2024.

Pinterest, Inc. (PINS) rose 21.46% to $40.80 following the release of its financial results for Q4 and full year 2024.

Affirm Holdings, Inc. (AFRM) climbed 16.10% to $71.69 after reporting fiscal Q2 2025 results for the period ending December 31, 2024.

Lionsgate Studios (LGF) jumped 15.31% to $8.51 in pre-market trading after posting its Q3 2025 earnings results.

Below is a complete list of hot stocks in pre-market today:

Top Upgrades:

1. Honeywell International Inc. (HON)

Analyst Firm: Deutsche Bank
Rating: Buy
Price Target: $260
Yesterday's Close: $209.82
Upside Potential: 23.9%

Deutsche Bank has reaffirmed its Buy rating on Honeywell International Inc., setting a price target of $260, indicating an upside potential of 23.9% from its last closing price. Honeywell is a global conglomerate renowned for its diversified technology and manufacturing solutions in sectors such as aerospace, building technologies, and performance materials.

Analysts project the stock price to range between a low of $207 and a high of $268, with a median target of $240.68. With 19 ratings over the past year, Honeywell remains a strong candidate for growth, supported by its robust industrial innovations and strategic expansions.

2. MicroStrategy Incorporated (MSTR)

Analyst Firm: Keefe, Bruyette & Woods
Rating: Outperform
Price Target: $560
Yesterday's Close: $325.46
Upside Potential: 72.0%

Keefe, Bruyette & Woods has assigned an Outperform rating to MicroStrategy Incorporated, increasing its price target to $560, reflecting a significant upside potential of 72.0%. MicroStrategy, a leading enterprise analytics and mobility software provider, is also known for its substantial Bitcoin holdings, which have made it a notable player in the cryptocurrency space.

Analysts have provided a broad range of targets, from a low of $52.50 to a high of $2,890, with a median target of $917.32. With 34 analyst ratings in the past 12 months, MicroStrategy's strong positioning in both enterprise software and digital assets underscores its growth potential.

3. Spectrum Brands Holdings, Inc. (SPB)

Analyst Firm: Canaccord Genuity
Rating: Buy
Price Target: $102
Yesterday's Close: $76.46
Upside Potential: 33.4%

Canaccord Genuity has upgraded Spectrum Brands Holdings to a Buy rating with a price target of $102, suggesting an upside potential of 33.4% from its previous close. Spectrum Brands is a global consumer products company offering home, garden, and personal care products.

The company's stock price target ranges from a low of $10 to a high of $115, with a median target of $84.46. Backed by 13 analyst ratings in the past year, Spectrum Brands' focus on product innovation and operational efficiency positions it well for continued growth in the consumer goods sector.

Happy investing,

Maeve Grace
Editor In Chief
Premium Stock Alerts

Important: This newsletter does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.

Disclosure: I hold no positions in any companies mentioned, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.