PLTR
Palantir
BUY
Sentiment
Bullish
Confidence
High
Timeframe
Short-term
Forecast
price move expected by August 2026
Holding
Yes
AI Analysis

The investment signal to buy Palantir (PLTR) is rooted in the current bearish sentiment in the stock market, highlighted by a record number of put options purchased on the QQQ, indicating widespread expectations of further declines. Thetradingfraternity noted that the market's reaction to the upcoming Consumer Price Index (CPI) report is crucial, with a threshold of 4% being significant; a reading below this would be seen as favorable, while anything above would increase bearish sentiment. The speaker expressed a bullish view on Palantir, having taken a small position in August options, suggesting confidence in a potential rebound despite the overall market volatility. Additionally, they mentioned holding onto Zillow shares, which have fluctuated but remained relatively stable amid market movements. For investors tracking this sentiment, the implication is to monitor the CPI results closely, as they could dictate the viability of short-term plays like Palantir and influence broader market dynamics.

Source
T
@thetradingfraternity
Trust 10/10
Posted June 9, 2026 · 6:32 PM PDT
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Price Chart
Market Data
via Yahoo Finance · live
$172.01
+10.32%
Market Cap
$413.35B
P/E (TTM)
147.0
Fwd P/E
74.5
Beta
1.56
52-Week Range
$106.37
$207.52
Volume 77579878
Avg Volume 43388227
Technology Software - Infrastructure
Reel Summary

Discloses having a small August play for Palantir and original holdings in Zillow.

Reel Transcript
View reel
If you think this stock market is going down, you are not the only one. The most amount of puts ever was purchased on the QQQ last Friday, and after today's move back down to the lows should have paid off. So we'll see how long this lasts, but recently any explosions in the put volumes have marked bottoms as everybody is gotten prepared. So the thing you need to be looking for is if rotation becomes the new put. This is part of the idea of watching the laggers after the events like the CPI tomorrow. We want to see if market leadership changes and do people rotate to these laggers out of fear or optimism? Does buying the underperformers offer a better payout than buying puts that could expire worthless? That is the question. So watch for the CPI tomorrow. That is the biggest event of this week. If it is rigged and comes in below 4%, magically that would be the best outcome ever, and then as far as how bearish tomorrow will be. It just depends on how high above 4% the headline CPI comes in. So the higher above 4, the more bearish that will be. So depending on how things react tomorrow, I'm going to be looking to double dip plays like Palanter in Zillow. I grabbed a small August play for Palanter today, and I still have my original Zillow's as they fluctuated between break even and then up 20 up 50 and then coming back down. So they stayed relatively stable, considering how much the market is moved, and then depending the outcome of these events, that is going to open or close the door for a lot of these other plays. I hope you're paying attention.