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Palantir +21.16% after their first quarterly profit. Will it set precedents to what to come this year?

Palantir +21.16% after their first quarterly profit. Will it set precedents to what to come this year?
Photo by Andy Hermawan / Unsplash

Bello Traders.

I wasn't glued as much to the screen today to watch the market.  I hope you had good waves that you were able to ride.

We noticed increased traffic at the Palantir aisle today. They managed to close the day with +21.16% gain.  They released their earnings yesterday marking their first quarterly profit.

Nvidia and AMD made noticeable strides, up +5.43% and +3.39%, respectively.

Tesla continues to be the highly traded security in our list gaining +7.51% after a couple of days of pullbacks.

Nasdaq was able to stack up the chips today, closing over half a percent, amid the crowd of reds.  

Sector-wise, Consumer Discretionary at pole today, up +1.18%. Joining at the podium are Technology and the Materials sector, up +0.44% and +0.22%, respectively.

Bitcoin is up at 22,254 today compared to 21,656.90 from yesterday.

Roblox, Kraft Heinz, Roku, and Cisco are some of the big names that will release their earnings tomorrow.

You only lose if you don't have a stop loss.  Cheers Traders.
— Rocketman

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Disclaimer

I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.