PLTR: Now the truth comes out!

Good morning! 👋

There are risks you can control and risks you cannot.

Stick to the former.

Here’s my playbook.

PLTR: NOW the truth comes out!

CEO Alex Karp is fabulous for many reasons, in my book, but especially because he calls the world like he sees it.

Yesterday, he told the BBC that the reason many competitors “are asking for a pause because they have no product.” (Read)

I agree.

What he said next, though, really caught my attention—just as it should catch yours.

“[T]here is already an AI arms race, it’s just we’re ahead, [and] it’s not like if we slow down, the AI race will stop.”

I hope you’re on board.

The stock has already risen 156.6% off 52-week lows and, IMHO, has plenty of room to grow.

OBAers: Be sure to capture a FreeTrade every chance you get with every share you can. Doing so can help you improve profits, reduce risk, and magnify the power of compounding over time. I think it’s one of the most powerful tactics any individual investor can use today. Hooyah!

Chinese investors flock to... Riyadh

The US and much of the West are delusional.

China’s charm offensive is working, and the newest bromance is one that spells trouble. Chinese investors are flocking to Riyadh in search of new markets and new capital. (Read)

Defense stocks, oil, dollar short, yuan...

Apple just kicked Meta’s asteroids (again)

El Zucko isn’t too happy. In fact, he took this dig at Team Cook, saying that Apple’s new Vision Pro “could be the vision of the future of computing, but like, it’s not the one I want.” (Read)

Like... who gives a ___!?!?

Customers are likely to have a far different opinion, and that’s what counts in the grand scheme of things.

Zuck, of course, then went into his usual deflect-and-distract mode, telling employees about all the “incredible breakthroughs” Meta has made regarding AI. (Read) I wonder how much longer the media and the markets will “buy it.”

Let’s review.

Apple (Cook) just introduced the very first spatial computer while Meta (Zuckerberg) is highlighting changes he wants to make to Instagram. The former is a platform. The latter is entertainment.

In One Bar Ahead® terms... this is as “Must Have vs. Nice to Have” as it gets. Upgrade to Paid

Pairs trade idea: long Apple / short Meta

I hate to say I told you so, but I did

Now GM is going to use Tesla’s network and, in doing so, joins Ford by leveraging what CNBC calls Tesla’s “leader” tech. (Read)

People laughed in my face when I said that the reason Elon would build charging networks first is to ensure that he’d control the playing field. As I noted at the time, this could be worth $50–$100 per share over the next few years.

To Tesla.

Once again, private industry does it better than the government.

OBAers: Please check your email for a Special Profit Alert.

Banks giving Binance the Heisman

The SEC filed 13 charges against Binance this week—in a case that could ultimately determine the fate of digital assets in this country. (Read)

Banks got the memo and are now giving Binance the Heisman, an expression meaning to stiff-arm ‘em like a football player would do to keep a tackler away. Technically, it’s a banking “pause”... or at least that’s what the media is calling it.

This is NOT something to take lightly, particularly if you’re a crypto investor.

Seems to me that the odds of waking up with nothing – quite literally – just went up significantly.

Bottom Line

Many people continue to believe that we’re in a bear market and that’s okay.

What they fail to realize is that’s going to cost ‘em.

It’s always better to play offense, even if you have to think defensively to do it.

Let’s finish the week STRONG – you got this!

Keith 😊