IS THIS THE END OF PALANTIR??? HERE IS THE TRUTH ON THE PALANTIR STOCK PRICE PREDICTION FOR 2022!!!

TL;DR

Stockmo discusses the recent performance and potential future gains of Palantir and Neo stocks, highlighting oversold positions and growth opportunities.

Transcript

hi everyone stockmo here hope you're having a good day we'll see what the market does for us yesterday was fantastic and of course that saw a lot of big grow stocks running up now one in particular i'm going to actually discuss a little bit about neo as well but one in particular palantir this is one that i have had in my portfolio for a while i en... Read More

Key Insights

• 🎁 Palantir and Neo stocks are currently oversold, presenting potential buying opportunities.
• 😒 The relative strength index (RSI) is an indicator that Stockmo uses to identify oversold positions.
• 💪 Positive revenue estimates for Palantir suggest strong growth potential in 2022.
• 😃 Big investors like Kathy Wood's ARK Invest are buying Palantir stock, indicating confidence in its future performance.
• 💰 Stockmo follows a dollar-cost averaging strategy in his various portfolios, aiming to outperform the market.
• ☠️ The impact of the Federal Reserve's rate hike and balance sheet sell-off on stock performance remains uncertain.
• 💗 The overall global economy is expected to grow in 2022, which could benefit growth stocks like Palantir and Neo.

Questions & Answers

Q: Why did Stockmo take a tax loss on Palantir and when does he plan to re-enter the stock?

Stockmo took a tax loss on Palantir to offset some gains from other stocks. He plans to re-enter the stock after the 30-day wash sale period, which is coming up soon.

Q: What is Stockmo's opinion on the future growth potential of Palantir and Neo stocks?

Stockmo believes that both Palantir and Neo stocks have significant growth potential. He mentions that they are currently oversold and highlights the positive revenue estimates for Palantir in 2022.

Q: What indicators does Stockmo use to assess the performance of Palantir and Neo stocks?

Stockmo looks at the relative strength index (RSI) for both Palantir and Neo stocks to determine their oversold positions. He also considers analyst price targets and the buying activity of big investors like Kathy Wood's ARK Invest.

Q: How does Stockmo approach his stock portfolios and portfolios on different investment platforms?

Stockmo has multiple portfolios, including a benchmark portfolio, an aggressive growth portfolio, a conservative portfolio, and a crypto portfolio. He follows a dollar-cost averaging strategy and provides regular updates on the performance of each portfolio.

Summary & Key Takeaways

• Stockmo talks about Palantir, a stock he has been following closely and plans to re-enter after taking a tax loss in December.

• He discusses the oversold nature of Palantir and Neo stocks, mentioning the relative strength index (RSI) as an indicator.

• Stockmo provides updates on his various portfolios, including a benchmark portfolio, an aggressive growth portfolio, a conservative portfolio, and a crypto portfolio.