Global Macro Trading

PLTR: Currently trading lower in overall market weakness after federal reserve left rates unchanged. We're still buying,

How Do Interest Rates Affect the Stock Market? Interest rates can have a complicated ripple effect through financial markets. Learn more about how they specifically impact the stock market.

We're buying

https://tickmatrix.com/RiskDisclosure.html

Risk Disclosure Custom analysis of market data

SentinelOne (S), another stock on our radar ... narrowing candlesticks could mean less buying pressure.

PLTR - keep your powder dry

Oil supply & demand are frequently manipulated to determine price. However, recent attempts by Saudi Arabia to boost oil prices has so far failed. So watch this space ... are we now seeing a reversal? i.e. a flood of supply that will sink crude prices. Sounds good for petrol at the pumps but not for the oil industry.

AI apps have been around for quite a while. But 2023 could be a crucial year. Our eyes are currently on Palantir (PLTR) but we're in for the long run, at least 5-10 years ... maybe longer. Stock price has been sliding lower this week due to disagreements with the US Army (although the stock was well over-bought) ... we think this could slide even lower to fill the gap betwen $14.96 and $17.76 (see image) so sit back and watch for now. We'll add to our position on what we believe is a low but not yet. Our forecast is that Palantir (PLTR) will be worth more than NVDA ($460) by 2030 on its way to becoming the top AI stock. Read more https://www.palantir.com/uk/

Who will be the AI winners in 2024? Our portfolio now includes Palantir (PLTR)