To The Moon

I'm seeing a pattern here. JPMorgan screams the sky is falling and stashes billions into loan loss reserves. A few months later, OOPS! Sorry, we were way too pessimistic and we are releasing the loan losses and pumping up the earnings reports going forward. Accounting gimmicks. Moving the shares up and down requires no money to be made or lost. I like Citibank more than JPM myself. Yesterday's inflation report in my view was the high water mark for inflation. I would wait for an S&P around the 3,700 or 3,600 and start buying the banks, especially big name Euro banks.$JPMorgan Chase(JPM)$

$Palantir Technologies Inc.(PLTR)$ In order to arrive at a fair value for this polluted Company, we are modeling 5B shares outstanding or roughly twice today's fully diluted share count, so that we may discount back into the stock price.The good news is with that assumption the share price is fair right now. What a travesty it remains to keep printing so many shares.We don't think the CEO KARP cares sufficiently to know that he needs to change that asap.