PALANTIR STOCK EXPLODING! ALL TIME HIGHS!📈

What did I tell you guys a couple days ago, man? Palunteer was setting up for an all-time high and we got it today, baby. We got it. So, we have to break down the charts, what I'm doing, the overall market, which, oh, by the way, had a great day today, guys. So, hit the like button, make sure to subscribe, and of course, check out the Patreon if you want to keep up with my portfolio updates, my trades, investments, my private Discord. All that's linked down below, pinned in the bio, in the comments. You guys know where to find it. And now, let's dive into it. So, the overall market today crushed it. The S&P went up half a percent, over half a percent, actually as the Russell went up around half a percent, Dow went up almost 1%, and the Q's went up about half a percent as well. We had gold up, we had silver up, the VIX went down 4%. And again, Palunteer ripped to 209, filling this gap right here, which we'll talk about more in a second. But first, let me show you these indices quickly. SPY, like I said, had a nice almost 3/4 of a percent green day. We ended up running all the way to 778, pretty much $23 away uh from all-time highs. And it looks like we're about to break out of 780. Uh that's what we're setting up for at least heading into next week. And that is where I think well we can start making our way to $800 a share. In my opinion, my bold take maybe not so bold. Honestly, guys, I think we're going to 8,000 on the S&P this year. 800 on SPY. That's what we're setting up for. And the cues you guys can see right here, we closed right around 751, right above that 50 SMA on the 4hour chart and right above a critical uh support which was resistance for the last couple of weeks really like 10 to 14 days. Um we struggled to break out of 750. We got out of it uh we got out of it a couple days ago. We hit all-time highs. Now we're drawing down. We did uh we did pull back for a couple days. We're consolidating above that old resistance as support and above the 50 SMA. Very good sign uh for the Q. So, everything's rocking and rolling in the market. We had a little spook yesterday from Open AI, but who knows, guys. They're still a private company. They're definitely still crushing it. Who knows if they're doing 50 billion, 70 billion, 65 billion. Either way, the dip was bought a little bit today in these uh in these AI stocks. We had a big move um in a lot of these names and Palunteer, well, is one of them. And this stock's been moving. You guys know we've been calling it out since 105, 110, 115. You guys know I'm long since 20 bucks a share. And I traded it down here. I was buying a bunch of Palunteer um down here. I probably should have held it a little longer. Um, it it was a quick flip trade for me. I bought it at like 117 if I remember correctly. I bought some more at 109. I think I sold in the 130s. And yeah, I mean, again, I should have held longer, but it was a trade. And when I'm trading, guys, I'm sticking to my targets. You guys know that I'm sticking to my um, you know, goals as a trader. I don't get too greedy, you know. And it it ran, man. It ran. But I still own it in my long term, so I'm not missing out completely. Uh, you know, but that trade worked out and oh boy has it run up even more. And at this point, I think it might be time to sell the RIP, especially as a trade. If you're in this stock as a trade, um, I don't think it's going to go up much more in the short term, at least before we get a pullback. I think we're due for a pullback and then sure it might go up more um over the coming weeks, coming months, but this thing is up in a straight line pretty much from the middle of September. Just 2 3 weeks ago we were trading at 165. Now Palunteer is at 209 210. It's up 25%, you know. So I think it's it's getting a bit frothy. Um maybe not frothy too frothy valuationwise, but a bit stretched here on the charts. And that doesn't mean it can't go up a little more. Uh but yeah, I think selling into the strength right now as a trade makes sense to me. Um considering we broke out of 195, we filled this gap that we talked about um in that last Palunteer video. And yeah, it could go up a little more, but I think overall this stock is getting a little overbought. Uh but then again, you can look at it from a different angle and be like, "Hey, Stace, we're about to take the highs out from uh you know, November of last year. In fact, we're already starting to take those highs out. 205, 206. Maybe this is it's time for a blowoff top rally. Maybe maybe it goes to 215, 220. Either way, my point is selling into the strength might make sense here if you want to lock in profits and wait for another opportunity. uh whether it's at 208, 210, 212, 215, I think we will get a pullback and I think people will sell into the strength. Either way, man, this stock has been on a rampage. It pretty much doubled up. Yeah, officially it's doubled up off the lows. We hit 105 back in the end of June. It took about three and a half months, not even for this stock to double up. Think about that. Insane. Um, and we have earnings coming up on uh, let's see, the 2nd of November. So, in about three weeks, uh, we're getting their earnings. So, in my opinion, um, a pullback into earnings or before earnings is healthy. That would be healthy. And that's kind of what I'm thinking uh, will happen here. But for now, round of applause for Palunteer, man. Let's uh, let's cheer it on. Let's cheer up. not cheer up, but you know, let's uh let's clap here considering it's doubled off the lows. Let's enjoy the uh the wins here, the uh the gains. Uh but let's not get too greedy, right? Greed will crush you in the market. It will crush you in the market. Um so, what do you guys think? Let me know in the comments about Palunteer. Unbelievable day, unbelievable week for the stock. And a lot of stocks um ended up crushing it today. You know, we had Planet Fitness. I mean, I can't remember the last time we talked about this one. This stock went up around 9%. Humanana had a great day. I mean, this thing's breaking out uh from the highs from back in July. We hit about 415420. This thing went up 12% on the day. $45 a share. It's completely uh blowing seeing a blowing off top rally or blowoff top rally. And is this the all-time high? No, it's not. Uh but we're getting close to where we were kind of at least a couple years ago. Not too close, I guess. Uh we hit 570 back in 2022, but it's definitely on the up and up here. And this could be the start of a further breakout on uh Humanana. Humanana, I think it's Humana. Either way, whatever. Ticker Hum. Very good day for that one. Um a firm broke back over and closed over 80 bucks a share. Guys, this is prominent um on the charts. If we zoom in a bit on a firm, it is breaking out now um above this trend line. We have a golden cross. We're well over these moving averages. This looks pretty good to me. I don't know about you guys. Um it might be a bit stretched too. Kind of like Palanteer a bit in the short term, but definitely uh the trajectory is turning bullish on a firm crowd strike. Every time I think this thing's due for a pullback, I mean, this thing defies the laws of gravity. Um, I was thinking about buying some put debit spreads earlier in the week. Thank god I didn't. You know, I didn't do it because I know the type of beast crowd strike is. The stock was at like 270 when I thought about that trade and it ran all the way to 285 on me. Um, now it's, you know, it saw a little draw down at 262. Now it's back up to 275. We had a 12% green day. So trying to, you know, time a a short position on crowd strike, trying to play the pullback is a bit is a bit tough. In fact, this might have been the pullback. You know, we got a little draw down from 285 to 260 262. For all we know, that might have been the pullback and now it's starting to break out again. This thing might be going to 300. So this is one that I think is also a sell the rip. Um, not not saying it's a bad company, overvalued stock. I just think it's a bit stretched in the short term. I got to be honest. And I think Crowd Strike, um, yeah, it is the next bottleneck in AI according to a lot of these AI leaders, cyber security. Uh, but I think it needs to pull back a little bit more. And I think it will over the coming weeks, but we'll see. Maybe I'm wrong. Maybe it needs to go to 300 first, then it pulls back to like 250. I I don't know. Uh but yeah, Crowd Strike's one that I'm watching. I'm not in it right now. I've been in and out of it for the last couple years. Uh but I'm on the sidelines right now. Let's see what else ended up moving. We covered Amazon earlier. No need to really dive deeper into that. That looks like a continuation play to me. Very strong on the charts. Uh let's see. Coinbase 4% green day. Not bad. Um I think this dip looks interesting on Coinbase. We hit about 205 210 uh back in the middle end of September. Now we're at 180. I think overall this could be a higher low being put in on Coinbase. And Robin Hood's literally the same setup. So I think both of these look good on the charts. Uh but yeah, that's pretty much it, man. All-time highs for Palunteer. The indices are pretty much right there as well. You got to love it, guys. Happy Friday. Hit the like button. Make sure to subscribe and check out my Patreon again if you want to be a part of the private community. If you want to see my trades, my investments, all that stuff, link down below on Patreon, pin in the comments or go to stocksurfest.comreon. I'll see you guys in there. Have a great rest of your day and have a great