Money Is Continuing To Move Into These Stocks, But For How Long? Plus PLTR, Meta & MSFT

The stock market is experiencing a shift in money flow from high-flying growth stocks to lagging stocks, particularly in large-cap and mid-cap sectors. Several specific stocks like Meta and Palantir Technologies are highlighted due to recent price movements and news events, while the speaker also discusses the potential impact of the 10-year Treasury yield and upcoming economic data on the overall market.

Money Flow Shift

• 00:00:02 Money is moving from high-flying stocks to lagging stocks, primarily in large-cap and mid-cap sectors. This rotation is partly due to the S&P's historically positive December performance and is evident in the flow of funds towards laggards like Meta and Microsoft. The speaker anticipates this shift to continue for the near future.

Meta & Microsoft

• 00:02:42 Meta Platforms (Meta) stock experienced a significant price increase after breaking above a key resistance level of 50, fueled by options market activity. Microsoft, however, is still lagging and needs to break out of a trend line to participate in the broader market uptrend.

Palantir & Fed Ramp

• 00:11:38 Palantir Technologies' stock surged due to the company securing authorization for its product suite for federal workloads through the FedRAMP program. This positive news event propelled the stock to become the best performer in the S&P 500 for the day.

10-Year Treasury Yield

• 00:08:00 The 10-year Treasury yield is a key factor influencing the small-cap sector (IWM). If the yield falls further and the MACD crosses below zero, the small-cap sector could experience further decline. Conversely, if the yield rises, it may put upward pressure on IWM.

Amazon & Holiday Sales

• 00:09:37 Amazon typically experiences a sales bump during the holiday season, particularly during Thanksgiving week and December. The speaker predicts that if Amazon surpasses the 214 level and the broader S&P 500 remains green, the stock is likely to continue participating in a Santa rally. However, a potential pullback in early December is also anticipated.