Cathie Wood: The Accidental Bull Signal? 🚀🐱
Cathie Wood might just be the stock market’s cutest inverse indicator—because every time she sells, prices soar! 🎈
$Palantir Technologies Inc.(PLTR)$
Before earnings season, Wood’s ARK Innovation ETF offloaded $10.4 million of Palantir (PLTR) and $8.6 million of Roblox (RBLX) … and guess what? Both stocks took off like rockets! 🚀✨
🤖 Palantir’s AI Power-Up!
On Jan. 30, Wood also ditched 127,969 shares of Palantir, one of Nasdaq’s biggest winners in 2024 with a whopping 340% rally. But her timing? Oof. 🙈
🔥 BOOM! Palantir Breaks $100! 🔥
After reporting blowout Q4 earnings on Feb. 3, Palantir’s stock skyrocketed 23% in after-hours trading, crossing the $100 mark for the first time EVER! 🎉
✅ Revenue: $827.5M (+36% YoY, beating $775.9M forecast)
✅ EPS: $0.14 (vs. $0.11 expected)
✅ Q1 2025 Outlook Raised!
Wood has been offloading Palantir for months, selling millions of dollars’ worth in December and January. But investors? They’re celebrating. 🚀💸
🎮 Roblox Magic!
Between Jan. 28 and Jan. 31, ARK sold 121,696 shares of Roblox over four straight days. But instead of dipping, Roblox surged to its highest level since January 2022! 📈 The gaming platform had already gained 26.6% in 2024, and analysts are even more bullish ahead of its Q4 earnings on Feb. 6.
Multi Year Breakout Price at $73.71
Moral of the story? When Cathie sells, markets party! 🎊🐱
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