Palantir Stock Update: Futures SOAR as Peace Deal Nears!

Added: 2026-05-26

[00:00:00]Ladies and gentlemen, welcome back to Data Dispatch. Hope you guys all had a wonderful long extended holiday and especially with the extra day and a break away from the markets. Um, hope everybody had some time to mentally reset and it is crazy, you know, when you do have that extra day off from the markets just how long it seems uh that the weekend is. So, um, we'll be talking about the futures right now because they're currently gapping up mostly with these headlines that are dropping. uh we see some conflicting data that's also coming out here in headlines but mostly mostly a lot of opium about a possible deal that could coming between the US and Iran at these geopolitical tensions.

[00:00:35]Uh we see oil that's kind of dropping quickly. Uh but nonetheless we've heard this a ton of times so we'll see what actually happens. But we'll be talking about how the price is reacting. Talking about palenteer of course um where it's kind of sitting at really just stabilizing and holding some support.

[00:00:49]We'll be talking about that and of course some of the other tickers that are on the top my watch list and the ones that I really like right now especially with the new one that I currently have exposure to. So if you're a new or returning viewer, hit that like button, subscribe for daily videos. Of course I'm not financial adviser, just a guy on YouTube collecting all the data and dispatching it to you. Pop it up on the screen here on Friday. You had the spy that closed at 7:45.

[00:01:11]um and it basically had a you know this buy right here at 7:30 was a nice support level and we're continuing to see some strong support around that 730 uh in terms of this runup and of course this V-shaped recovery that we've had looking at this macro picture um ever since we kind of had the max fear and capitulation from those geopolitical tensions you know this buy right here at 750 that is currently where we're sitting at right now in the overnight session right here at 750 is a big big spot that is possibly forming a you know they are at all-time highs here. We'll see if any type of double top does get formed. Of course, a lot of the volatility that could come here is going to be in reaction or what the result and what the next step is regarding this possible peace deal right here. And this is why you're seeing the Dow here jumping 400 points especially as oil is continuing to tumble on hopes of this US Iranian deal um that is very close. Now he said on Monday which was today uh saying here that talks that Iran to end the basically geopolitical tensions were proceeding nicely. He said though that he did warn that there could be some offensive uh moves if negotiations break down. And then we see reports here that there was some type of a strike and nasal naval assets near Bander here saying but while these negotiation negotiations are proceeding nicely um they're calling these strikes defensive not a ceasefire breach. So, uh, we'll wait to see any type of a reaction. What does this mean? And like I said, this has been kind of going through this roller coaster of escalation, deescalation, la, continuing, continuing, continuing. Uh, nonetheless, you know, none of us are like in the gas prices as we speak. So, [laughter] we'll see what happens. Uh, let's talk about Palanteer here. Palanteer is closed at 136. Currently in the overnight session, really not making a ton of moves. It's basically just consolidated hanging out right here. The thing about Palanteer is, you know, once it kind of finds its level to kind of consolidate and form a stronger base at it does like that move. Um, and one important thing too that I like to pinpoint, you know, when you had the bottom on the market, what was that?

[00:03:17]Like March 30th, April 1, right around there. Yep. March 30th. Basically, Palenteer, that was the low right here.

[00:03:25]And you know it has not broken past that in terms of losing that support level.

[00:03:32]On top of that though I can say at the same time it has also not participated in the recent market rally. It's basically sitting right around those levels. Uh so what does that mean?

[00:03:42]Especially with some of these semiconductor chips, memory stocks and things like that that are having some huge gains here and SAS has just not been given the love. What does that mean for, you know, are we going to see any type of liquidity rotation and especially with some of these big blue chip stocks that are really doing a strong and a resilient uh job to hold up the market. That's what we're seeing right now. So, depending on when that liquidity and rotation will rotate into these SAS stocks, that's when I think Palanteer could gain some momentum, could get some love. One thing that I do love though is that it does have a strong support level. So, this is just going to be waiting right here. Not playing options on this cuz it's just going to be eaten away by Theta. Uh, but nonetheless, you know, just for shares and not really having any expiration or losing any value at time. Uh, I don't I'm not mad at Palenteer right here. And I'm also not mad that it hasn't participated in the recent rally. Um, you know, it has just kind of held support here and I think it does have a potential to kind of move back up to the 200 area. you know, once it starts getting love or trying to see some momentum, testing resistance around there, recapturing this $150 level of support, which is a really important level. Once that's recaptured, that's where I think you can see a lot of momentum that re-enters back into Palunteer because they've had just some astronomical earnings. You know, nonetheless, talking about some of the other things that are occurring within the market, we do have a lot of retail names that will be releasing earnings.

[00:05:13]You do have also US Consumer Confidence that's coming out at 10 a.m. tomorrow, but you're just having some of the big retailer names like Best Buy. You're having Marvel right here. Um, another one that's coming out here is Dollar Tree. Uh, this can give us kind of some sentiment on, you know, what's the consumerism looking like from a consumer's perspective, uh, regarding those retail sales. You also have some other earnings like Salesforce, uh, Dell Technologies, GAP here. So, [snorts] not a ton of huge macroeconomic pieces of data. This is a shortened trading week, so we, you know, volume is probably typically going to be lower. Uh, but nonetheless, some of the individual names. Let's get into those right now.

[00:05:51]Of course, I've been a longtime lover of Hood. Um, and Hood kind of is the same thing as Palunteer. These financial, you know, these fintech names like here like Hood and SoFi, they have also not been participating in the most recent market rally. So, you know, are they going to get some momentum? Like I said, basically the same thing with Palunteer.

[00:06:11]Will we see some rotation right here?

[00:06:13]These some of these high conviction names and uh you know these high conviction names that I have like Palanteer and Hood right here uh really helps uh me ensure that you know my conviction stay strong even in terms of low volatility uh just due to the fact that hey patience sometimes does play out especially you know you hear that type of term the longer the base possibly the bigger the breakout. Now, of course, we do have a headline driven marking right now, so it's a little bit unhealthy. We've seen some crazy rallying. So, if this does pull back and finds a lower low, finds a new bottom, um, also definitely is a possibility.

[00:06:45]But, nonetheless, you know, longterm, I'm still, uh, liking these stocks. Uh, some of the other names that are really starting to make some noise, Cipher is still, you know, one of my favorite data center player, data center plays. uh Cipher right here at 22 basically is continuing to close at these uh higher highs. um it's setting higher lows and is doing a great job especially as it broke out of this large downtrend uh resistance level that was right here and has some pretty good earnings too especially with their kind of these legacy a lot of these legacy basically crypto miners that are now uh transferring or evolving their business into these AI data center plays because that is where the money that's where the hyperscalers are that's where the liquidity is uh so cipher this is what I do like you know once this has the opportunity to break past these all team all-time highs That's where I think Cipher enters into this price discovery mode. Uh it will be interesting to see what happens with Cipher down the line and especially throughout the year.

[00:07:44]Other things that have been getting some love, Oakllo, we've been talking about that. Now, Oaklo actually had a decent selloff after their earnings to about 56 right here. Had a little bit of a rebound sitting right here at 67. We'll see what happens with it. I don't really have a good idea on which direction Oklahoma is going to go here. Um I do like the nuclear play. I like the energy play, especially with the bottleneck that we're seeing right here with the demand. Uh that supply basically can't keep up. Um and what I really like for that, this is a really speculative ticker that I like right here is T1 Energy is just getting a lot of love recently. Now, this is with Leo Polar, whatever his name is, the huge billionaire guy, um that has been pretty right on a lot of his calls. He had announced this in his 13F filing. uh brought a lot of attention to the stock and that's why you're seeing some of the highest weekly volume that we've seen in the stock's history. Uh but T1 Energy right here is really uh the first US company to do like domestic solar producing for solar panels and is working on expanding their own business right now to provide more gigawattage for the energy demand for the AI infrastructure play that all these chips and hyperscalers are going to need. Um so this could get really interesting. Is solar going to be? I never thought I'd be looking at a solar stock. Is this going to be another type of energy if the grid gets maxed out? You know, where are we going to get energy from elsewhere? Uh these alternative energies that can help even provide more compute power. That's what I like right now. Of course, very speculative. Do a lot of, you know, your own research on that, but it's where some big money is flowing into and I kind of want to follow it.

[00:09:16]So, uh very interesting play. Let me know if you guys have heard of this one.

[00:09:20]Other than that, you know, just like the other a AI data center plays, you know, looking at Iran, you know, Nebus, Nebas has ran so hard, you know, so I don't know if I want to enter there. Uh, but, you know, some of these names doing quite well. RSP, which is the equal weight uh S&P 500 has also been doing decently well. uh has also set this kind of higher highs broken out of this all-time high resistance area right here. Uh which is also important as hopefully we see some continuation of rotation out of some of the big blue chip names and the market that is still continuing to grind up to make sure we're not too heavily weighted to one side even though you know they are pretty heavily weighted right now. So let me know what you think down in the comments. Peace out. Take care. Hope you guys all have a great, you know, start to your week. Oh, we can talk about Bitcoin real quick. Uh just not getting some love right here. I I'm just not a big fan of crypto right now. I think we're just seeing a lot of money rotating out of there getting on data center plays. But we'll see what happens. Peace out. Take out.