Ark of a Diver? How to Trade Palantir in Cathie Wood s World Can investors chasing Ark see the woods through the trees? Stocks quotes in this article: PLTR, ARKK While Palantir (PLTR) has announced many contract wins since coming public, it is the consistent buy of Cathie Wood s Ark Invest that seems to get all the attentionUnfortunately, fame has put Ark on the radar as of lateWith the daily issuance of ARK Innovation ETF (ARKK) trades, stocks showing up on the list have been popping like crazy in after-h. Read the full story and get access to the Real Money Pro trading floor.
By Joe Wallace Stocks climbed in early trading Monday as investors awaited a slate of Federal Reserve speakers and data on the manufacturing sector. The S&P 500 rose about 1.3% and the Nasdaq Composite Index advanced 1.6% after a bruising week for technology stocks. The Dow Jones Industrial Average added 397 points, or 1.3%. The broad advance came as the yield on 10-year Treasury notes, the benchmark borrowing cost in global debt markets, slipped to 1.43% from 1.459% Friday. Yields fall when bond prices rise. Stocks, and particularly shares of tech companies, have been buffeted by volatile moves in government-bond markets in recent trading sessions. A lurch higher in yields last week called into question the prospect of a long period of low interest rates, which had underpinned the past year s booming rally in stocks.
Better bond action is bringing in buyers of equities, but will they stick around? That's the question raised by James "Rev Shark" DePorre, who says market sentiment has improved, but the key to the price action will be whether there are higher highs following early profit-taking..GME