Alert: Palantir, Anyone?

Tariffs.

That’s all that’s going on now. If you close your eyes, spin around three times, and throw a rock, you will probably hit some long term data that says times like this are a buying opportunity. In that spirit, with S&P futures currently looking down 3.5% or so, here’s one to trade.

Palantir

This one will open lower, along with everything else. Pre-market prices are between $81-82. Two reasons to take this as a short-term trade:

1. Strong support at $80 could put a solid floor under any further decline.

2. Relative outperformance versus the S&P 500 since the previous market bottom in mid-March.

Scary times, to be sure. But if you are looking to go long PLTR seems a good bet to outperform.