What’s Good for This Chip Giant Isn’t Good for Its Customers
The largest stock in the market held up the indices but there was plenty of weakness under the surface.
Nvidia Guidance Eases Concerns: 8 Key Items Shaping the Stock Market Thursday
Qatar’s diplomatic efforts, Warsh on deck and other headlines moving the market this morning.
Selling Palantir at a Big Profit to Increase Our Cash on Hand
The risk to reward tradeoff leads to us to downgrade our rating as well.
We’re Tracking 23 New Signals Across Our Investing Themes
Let’s scan through the headlines for the stories of the week that speak to our Pro Portfolio holdings.
Bonds Rallied. Stocks Rallied. Just Not In the Way We Like.
Defensive issues took the lead. Does that mean we could be in for more downside?
We’re Tracking 27 Portfolio Signals Across Our Investing Themes
Let’s scan through the headlines for the stories of the week that speak to our Pro Portfolio holdings.
Palantir on a Tear
Palantir ($PLTR) is now up 22% since we gave readers a pre-earnings bullish setup.
The stock is also up 50% since its late July low. Readers will now see that the stock is consolidating while building a sideways to slightly higher trajectory after its post-earnings run. The stock has left its 200-day SMA in the dust, forcing professional managers to increase exposure. In addition, relative strength is quite robust but not severely overbought technically. On top of that, the daily MACD is set up about as bullishly as it could be with all three components singing the same song. My $205 target price stands for now.
Positions: Long PLTR equity.
Charles Schwab Gets Boost From Single Stock Futures Update
Single stock futures could change the way traders view individual stocks.
From Microsoft to Oracle, Charting Software Stocks Amid Resurgence
Software stocks like Palantir and CrowdStrike are heating up as the sector regains favor with investors.
Our Pros Weigh In On Whether Palantir Stock Can Hit $200
This week’s sentiment survey will tell us where our team stands on the stock market before digging in on Tesla, SpaceX, and Palantir. Plus, why your 401(k) may be invested in the wrong things.