Good Morning, Traders!…👋

U.S. stock futures plunged Monday as markets digested President Donald Trump’s sweeping new tariffs against Canada, Mexico, and China.

Over the weekend, Trump imposed a 25% tariff on imports from Canada and Mexico, with an additional 10% levy on Canadian energy products. Meanwhile, Chinese goods also faced a new 10% tariff, further escalating trade tensions.

The U.S. dollar strengthened following the announcement, as analysts warned that higher tariffs could push inflation higher—potentially reducing the Federal Reserve’s urgency for future rate cuts. Elsewhere, oil prices climbed on concerns that tariffs could disrupt energy supplies to the U.S., the world’s largest crude consumer. However, global demand worries limited gains. Meanwhile, cryptocurrencies tumbled, as risk appetite waned amid growing trade uncertainties.

Happening Today

✓ 09:45 AM ET – S&P Global Manufacturing PMI (Jan)

✓ 10:00 AM ET – Construction Spending (MoM) (Dec)

✓ 10:00 AM ET – ISM Manufacturing PMI & Prices(Jan)

✓ 12:30 PM ET – FOMC Member Bostic Speaks

PREMARKET SNAPSHOT 📈

Market futures are sharply lower, with the S&P 500, Dow, and NASDAQ all posting significant declines.

SECTOR SNAPSHOT✨

Yesterday market faced broad declines, with energy leading the losses, followed by financials, health care, and industrials. Consumer staples and materials also slipped, while tech continued its pullback. Despite the overall weakness, communication services managed to stay in positive territory, offering some resilience.

PreMarket Unusual Volume Stocks

📈 ProPhase Labs Inc (PRPH) is seeing a notable pre-market surge, with trading volume reaching 8.70 million shares compared to its average of 335,600. The stock is up 20.77%, reflecting early investor interest.

📈 Reborn Coffee Inc (REBN) is experiencing a significant spike in pre-market activity, with volume soaring to 10.50 million shares against an average of 1.08 million. The stock has surged 126.67%, indicating strong momentum.

📈 MDJM Ltd (UOKA) is leading pre-market gains, with an extraordinary volume of 88.67 million shares versus an average of 10.70 million. The stock is up 162.38%, showcasing a major upward move.

📈 Society Pass Inc (SOPA) has recorded a pre-market volume of 2.10 million shares, surpassing its average of 359,170. The stock has gained 24.34%, signaling increased interest in early trading.

📈 Blue Hat Interactive Entertainment Technology (BHAT) is seeing strong pre-market activity, trading 70.10 million shares compared to its average of 37.56 million. The stock is up 37.95%, reflecting renewed investor attention.

Premarket Picks

Blue Hat Interactive Entertainment Technology (BHAT) saw a pre-market surge of 36.01%, bringing its price to $0.049. This jump follows the company’s announcement that it has completed the purchase of one ton of gold, showcasing the effectiveness of its strategic positioning.

Greenwave Technology Solutions, Inc. (GWAV) experienced a 7.28% pre-market increase, with its price rising to $0.42. The surge is attributed to the company’s potential for significant revenue growth following President Trump's announcement of sweeping tariffs on steel, aluminum, and copper imports, which could positively impact Greenwave’s business.

Triumph Group, Inc. (TGI) surged 35.33% in pre-market trading, reaching $25.36. This jump comes after Triumph Group entered a definitive agreement with affiliates of Warburg Pincus and Berkshire Partners, who will acquire the company for approximately $3 billion.

Allarity Therapeutics, Inc. (ALLR) saw a pre-market rise of 7.14%, bringing its price to $1.20. The increase follows the company’s filing of a Form 8-K regarding a settlement agreement in principle with the SEC, which has generated optimism for future progress.

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

Top Upgrades:

1. Booz Allen Hamilton Holding Corporation (BAH)

Analyst Firm: Raymond James
Upgraded: Market Perform to Outperform
Price Target: $150
Friday's Close: $129.00

For Booz Allen Hamilton, analysts’ price targets range from a high of $210.00 to a low of $135.00, with a median target of $150.00. The average price target stands at $156.36. Booz Allen Hamilton offers a wide range of services including consulting, analytics, engineering, digital, and cyber solutions to governments, businesses, and nonprofits globally.

2. Viavi Solutions Inc. (VIAV)

Analyst Firm: Needham
Upgraded: Hold to Buy
Price Target: $15
Friday's Close: $12.04

The stock price target for Viavi Solutions ranges from a low of $10.00 to a high of $15.00, with a median target of $12.50. The average price target is $12.44. Viavi Solutions provides network test, monitoring, and assurance solutions to service providers, manufacturers, and government clients worldwide.

3. SS&C Technologies Holdings, Inc. (SSNC)

Analyst Firm: Jefferies
Upgraded: Hold to Buy
Price Target: $94
Friday's Close: $80.95

The stock price target for SS&C Technologies Holdings, Inc. (SSNC) is set with a high of $94.00, a median of $86.00, and a low of $70.00, with an average target price of $86.78. SS&C Technologies specializes in developing and providing software solutions for the financial services and healthcare industries.

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.