The Daily Editor

There is a pattern to how Cathie Wood exits positions. It rarely happens in one move. It happens in layers, a little here, a little there, until you look back and realize ARK has been sending a signal for weeks. That pattern is playing out right now with Twist Bioscience (TWST). On May 12, ARK sold 56,429 shares of TWST across its ARK Innovation ETF (ARKK) and ARK Genomic Revolution ETF (ARKG),

 » Read more about: Cathie Wood trims $3.17M of surging bioscience stock  »

 » Read more about: WD Named to 2026 S&P Dow Jones Best‑in‑Class Index North America, Recognizing Leadership in Sustainable AI Infrastructure  »

The S&P 500 continues to climb and, quite frankly, looks like it’s got no interest in stopping anytime soon. So, with that I think the S&P 500 is on its way to 7,500, possibly higher than that, we’ll just have to wait and see. Short-term pullbacks are buying opportunities and will remain so.

 » Read more about: Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Continue to Look Strong  »

 » Read more about: U.S. Futures Point Higher as Cisco and Nvidia Lift Tech Sentiment: Dow Jones, S&P, Nasdaq, Wall Street  »

 » Read more about: Wealthy donors stand to win double tax benefit if 'Trump Accounts' allow stock donations  »

Micron Technology’s stock has increased by nearly 9x in the past year,

 » Read more about: Why Micron Stock’s 9x Rally Might Just Be The Start  »

 » Read more about: 3 Calvert Mutual Funds to Help Manage Market Volatility  »

 » Read more about: Warren Buffett flags three dangerous trends for investors in 2026: ‘That’s not investing’  »

Friday, May 15, marks Jerome Powell’s last day as Federal Reserve chair, with his presumed successor, Kevin Warsh, taking over. Powell will remain on the Fed’s Board of Governors until early 2028, but with Warsh at the helm, the central bank could be poised for sweeping changes.

Warsh is taking over at a particularly tricky time,

 » Read more about: Big Changes Are Coming to the Federal Reserve Tomorrow, and It Could Spell Trouble for Wall Street  »

Not every investor’s top priority is looking for growth. In fact, finding a steady stream of dividend income becomes more important the closer you get to retirement. One of the best places to find high-yield stocks with growing distributions is the midstream energy space with master limited partnerships (MLPs).

MLPs come with a little extra paperwork at tax time,

 » Read more about: 3 High-Yield-Dividend Energy Stocks to Buy Now and Hold Forever  »