Here's the “Magnificent Seven” Stock Cathie Wood Is Piling Into Now
Cathie Wood, the CEO and chief investment officer of Ark Investment Management, has been directing her firm to load up on shares of Meta Platforms (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp. Wood’s investment management firm purchased 34,080 shares of the technology company in recent weeks, which, at today’s share price of around $584,
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Read MoreThe Burst
Market Commentary: Little-known Dutch Stock Is Soaring
Some stocks just don’t get a lot of notoriety but they deserve the plaudits. In the United States if you were to ask someone to name a digital payment processor, you would likely hear the names Square or Stripe, but the odds are Adyen wouldn’t rank highly in a poll.
It’s with good reason that the Dutch firm flies under-the-radar.
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Read MoreThe Ivy
The Max Pain Trade Is…
If one market analyst is to be believed, the path of the market that will lead to most pain will involve a move higher from the early August lows followed by a sharp correction in September and October, repeating a pattern not seen since 1998.
Back then July marked the high and October the low,
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