$Palantir Technologies Inc.(PLTR)$ My rough estimate, on the conservative side: around $140 by earnings week, and $160 by the week ending Aug 14. Of course nothing is guaranteed in the market, but if earnings, guidance, and the AI narrative all line up, that path doesn't seem out of the question.
$Palantir Technologies Inc.(PLTR)$ I'm holding a long PLTR position with 45K shares at $126.34. So far I've realized $78K in gains, though the long position itself is underwater. I have enough time to wait it out if needed, and I've got a small hedge in place. For the hedge, I'm long 50 PLTR 8/7 $120 puts at $4.73 average. I'm also holding 40 PLTR 8/7 $115/$135 strangles at $6.34 for the earnings report. The way this strangle works, my breakeven points are $108.66 on the downside and $141.34 on the upside. Between those levels I'd theoretically lose money. Outside that range, I'd make money. This is purely a lotto play for me.
$Palantir Technologies Inc.(PLTR)$ I've been a fan and long-term holder of PLTR for a while, but I don't usually post about it. Karp is clearly a great salesman. That said, they are sitting on a ton of cash and free cash flow, so where is the dividend or buyback? That kind of move probably would have helped hold the stock up. Would be nice to see Karp give some back or buy some shares back.
$Palantir Technologies Inc.(PLTR)$ The chart shows a pretty well-controlled downtrend since December. Anyone short when this starts moving up is going to have a rough time.
$NVIDIA(NVDA)$ Starting to see a bounce here. Key support looks to be around that 195 area. If that level breaks, this could end up chopping around for a while again. The main resistance I'm watching is at the 230 level. Still leaning bullish on the setup.