Equity analyst Dan Ives has made a quite a few prescient calls in his career. In the last year alone, he predicted the Nasdaq Composite would hit 20,000, and he remained bullish on Palantir despite widespread skepticism.

The S&P 500 may be heading for its first gain since Christmas. The main gauge of Wall Street’s health rose 0.5% in early trading Friday and was on track to break a five-day losing streak. The Dow Jones Industrial Average was up 216 points,