To The Moon

There are numerous red flags indicating that the market's optimism around Palantir's stock has reached its absolute peak.Insider selling, particularly by CEO Alex Karp, and a high RSI indicate peak ma

The latest forecast of the Metcalfe's Law valuation model. As you can see from the accompanying chart, this Metcalfe's Law model has done a good job countering both the exuberance that prevails when bitcoin is at or near record highs and the despair that accompanies bear market lows. It calculates the cryptocurrency's current fair value to be $40,100, 29% below its recent price.Notice that this projection has nothing to do with who wins the presidential election in November. Many bitcoin traders believe that a Donald Trump victory would be bullish for the cryptocurrency, and its price did fall in the wake of Tuesday's debate between him and Kamala Harris. But the Metcalfe's Law model is based on just one input: The number of bitcoins that have been mined.

Palantir shares slid over 4% after the latest S&P 500 snub.CEO Alex Karp been boasting since last summer that Palantir's strong results make it eligible for inclusion in the S&P 500. However, S&P just released its latest update for the index, and Palantir has been snubbed but included Super Micro Computer and footwear designer and distributor Deckers Outdoor Corp. The changes will take effect on March 18.Inclusion in the S&P 500 typically benefits stocks as index funds holding portfolios that mi

The AI stock has been on a roll this year. Can the good times continue?

Wall Street's main indexes fell on Monday, as investors remained cautious ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.Big tech stocks dropped in morning trading. Apple fell 1.7%; Microsoft fell 2.8%; Alphabet fell 2.7%; Amazon fell 2.5%; Tesla fell 1.5%; Nvidia fell 3.4%; Netflix fell 2.7%.

da-kuk In a previous analysis, I discussed my accumulation of a significant Palantir (NYSE:PLTR) stake during the recent bottoming process. Palantir's stock surged, roughly doubling since my article i

TSLA is following all the price action indicators very well; Target 190! - Have been performing well since the bounce off the neckline support of 163 - Clearly in a near term buy controlled buy channel but in a larger controlled sell channel - Confluence remains 190 - 19 Apr gap down bear flag has since retraced above 177 which is Fib 78.6 (tends to mean likely a full retrace to 190 My Watch/Plays - Will MA5 cross above MA50 (blue)? - Will price action stay in the buy channel? - If it comes back down to re-test 163 and fails below? ==> This is a bearish one and 146 bound - Look to add more long puts should price action test and stay above MA5 and MA20 - It is all about 190! Break above and we will have some squeeze from 195 to 209 Good luck, all!