SG 88
2022-06-16

$Palantir Technologies Inc.(PLTR)$

A bit awkward....

The Fed's annoucement on interest hike 75 bps tends to phase the market of having "bear coming out from jungle".

https://www.google.com/amp/s/www.wsj.com/amp/livecoverage/federal-reserve-meeting-interest-rates-june-2022

Somehow PLTR responded by maintaining the stock price at USD 8[Doubt] .

What is sure that whether market noise or sentiments may be, only the Investors or Traders (for that matter) that having position is the sole decision maker that buy into the position. 

Do what's necessary in accordance to your game plan. Unless the fundamental of the company changes, all else of irrelevant.

@TigerStars@MillionaireTiger@Tiger_Academy@TigerEvents

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Comments

  • StreetCat
    2022-06-17
    StreetCat
    I think the good news why it rises is not becsuse of the raise in interest rate. It is the promise that they only want 2 percent target and will revert to that eventually if their tactics work
  • JackyChee
    2022-06-16
    JackyChee
    yesterday fed annouced the year target for interest hike about 300-340bp. thats good news for yesterday stock up.
  • Linglong8191
    2022-06-17
    Linglong8191
    Same here for the loss. 😢
  • mster
    2022-06-16
    mster
    I just feel many many counters out there do not have their own direction in this market sentiment. Whether they have good earning or not they will eventually lead to where the market pulls them
  • Axekay
    2022-06-18
    Axekay
    good luck hodling $Palantir Technologies Inc.(PLTR)$
  • cwee
    2022-06-16
    cwee
    Wait for good new
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