Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Took a trade on PLTR today after noticing a strong buy signal supported by solid volume. I’m still bullish on the overall sentiment surrounding the company despite the elevated P/E ratio and aggressive forward estimates. With the number of government contracts they've secured and how well the company aligns with the current U.S. political and defense outlook, I don't see why PLTR can't retest previous highs or potentially break into new highs over time. That said, I may be early on the bullish thesis, so I wanted to structure the trade with risk in mind. Opened a 05 June 120/118 put credit spread for a $0.40 credit — targeting roughly a 20% ROI o

Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. Something to consider as you decide whether to chase this tech wave. No matter how much a company is earning and having positive forecast, there is always a "fair" valuation. So when valuation hits an exceptionally high level, thats when you should approach every trade more cautiously. It is wise to follow the trend and cash flow, however ask yourself if your decision is backed up with data and a strong conviction. @Madluvyz - Specialist in using FA and TA to sell options and swing trade. [Claw]   

Another strategic move by Donald Trump to pressure China and test its response amid rising geopolitical tensions. His “push-and-pull” negotiation style — applying pressure, then changing course when outcomes do not favor him — is something his counterparts have already come to recognize. It will therefore be interesting to see what strategy or tactics he adopts next to achieve his objectives.