$Palantir Technologies Inc.(PLTR)$ The same people who keep calling this a great short have been saying it for weeks and months. Some of them were saying it back at $120, and they're still saying it now. If it happens to dip $5, they'll all act like they saw it coming.
$Palantir Technologies Inc.(PLTR)$ Very few will understand why I'm posting this on the PLTR ticker. California's governor signed Jay Leno's classic car smog exemption into law, right in Jay's own garage. PLTR to the moon. 200+ soon.
$Palantir Technologies Inc.(PLTR)$ The market clearly seems happy with the rate hike. I suspect that's because it understood the move was needed with the Iran war creating inflationary turmoil, and it was reassuring to see that under new management the Fed would still act independently and resist political pressure. I'm old enough to remember the stagflation of the late 1970s, and that's something I never want to see repeated in my lifetime.
$Palantir Technologies Inc.(PLTR)$ I have a theory. Everyone's expecting the market to have a rough day after the 2pm hike. Since that's the consensus, I think the opposite will happen. Day traders will short or buy puts around 1:50pm, and Wall Street is going to pump this into the $190s through Friday, burning everyone's premiums. I have call options I bought on Monday, originally planning to close Wednesday morning. Now I'm thinking I'll ride it out and see how good I really am at predicting the market.
$Palantir Technologies Inc.(PLTR)$ Karp was on CNBC on Thursday. The interview should be both informative and entertaining. He gets it right every time, and people tend to take notes when he speaks.
$Palantir Technologies Inc.(PLTR)$ Just another pullback after that strong move up. It should consolidate for a bit, and then PLTR can start pushing toward higher prices again.
$Palantir Technologies Inc.(PLTR)$ Whenever PLTR moves up, someone brings up billionaire shorts on the stock, like Michael Burry and Cathy saying they are selling off. Noticing that small investors will never benefit from the short market since we don't have billions, and we can only benefit from bullish markets, which tempts small investors to sell.
$Palantir Technologies Inc.(PLTR)$ S&P Global polled 32 analysts and the consensus rating here is BUY, with an average price target of $191.68. The highest estimate comes in at $255 on Stockanalysis.com.