Stocks Go Wild As The War In Israel Rages On
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#Israel #Hamas #Palantir #PLTR
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The Matt Kohrs Show
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⇒ Goonie Trading Group (FREE Month w/ Code GOONIE): https://bit.ly/LocalsMG
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#Israel #Hamas #Palantir #PLTR
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
What's going on everyone? I Hope you're having a good one or as good of a day as you could possibly be having. given all the craziness currently going on in the world in this video, I'll be giving you a day. three update of what's currently happening in Israel I'll be talking about the market and I Was kind of surprised to find out that Not only was it green today, it did pretty well. I'll be talking about a certain sub sector of stocks that's performing very well and I'll really be diving into one that I find particularly interesting cuz I think it has quite a bit more upside.
With that being said, if you enjoyed this type of content I do try my best to be as unbiased as I possibly can. Don't forget to subscribe. With that being said, let's rock. By the time the closing bell went dingy, ding ding ding the Dow Clos nearly 200 points higher I'm saying higher not lower as investors shake off Rising oil prices from Israel Hamas War Now obviously that might be a little bit confusing things going well in the market when we're looking at a new, serious global conflict.
and I'll be getting into why and some other things. But first: Israel orders total Siege of Gaza nine Americans confirmed dead in Hamas Attack No matter how you look at this, no matter how you chop it up, it is a very, very sad situation. Many lives are being lost unfortunately, even though things are looking pretty bleak I Fear that they're going to get worse. probably much worse before they get better.
The Prime Minister of Israel just vowed retaliation as quot Quote only started the attack on Israel from the Gaza based militant group Hamas which started Saturday has killed more than 900 Israelis mostly civilians vowing retaliation in the evening televised address. The Israeli PM said retaliation has quote unquote only started and what we will do to the enemy will echo down through generations. Obviously, this is not adding up into any of the sense of the conflict being close to the end. Check this out! Israel announced its largest ever mobilization more than 300,000 Army reservists.
Now this is going to come as a shock to absolutely none of you, but mainstream media is already accusing Twitter Well, AKA X of spreading misinformation X Formally, Twitter amplifies disinformation Amid the Israel Hamas Conflict from the outset of this weekend's Israel Hamas conflict, graphic footage of Abdun and military operations has spread like wildfire on social media platforms. including. Twitter This information on the platform has made it harder for users to assess what's going on in the region. Now, before we get to this last part, I Want to make it very clear: Do I believe that there's Mis information out there? Yes, But what I find interesting is more of the fact of what they're using as their sources in this particular piece over the weekend.
X Flagged several posts as misleading or false, but dozens of posts with the same video and captions were not flagged by exorcism. We're talking about dozens of video when there's probably thousands of different different videos and posts coming out every single minute. So when it comes down to it, yes, I Do believe that. Unfortunately, it's not a perfect system and probably misinformation does get through. but when your source is a couple dozen, just dozens of videos, think about how much is posted every single minute. This, to me, in my opinion, is another example of mainstream media realizing that they're losing ground not only to just Twitter and X but really independent journalism. They're in my opinion, is no more rapid source of knowing what's going on than Twitter or I. Guess we should be calling it X Whatever you want to call it I Think mainstream media is basically Running Scared and they're going to do whatever they can to throw a little bit of cold water on Twitter Because yes, it is the fastest.
Is it going to be incorrect information some of the time? of course. But if you want the fastest updates of what's currently going on in the world, especially this I Learned all of my information from Twitter many, many different sources cuz really, when I looked over two mainstream media I realized that they were just regurgitating the same thing that if anything I would argue that some of their things were misinformation so just wanted to bring this up of it. Took what one day a day and a half for MSM to already get angry at Twitter and the fact that everyone seems to be using that more than their services. Anyway, back to the main point of this video.
by the time the stock Market Bell closed the overall: Market the S&P 500 was actually in the green. It closed out today at 4:32 29 which was a gain of 64% and on top of that you can see on Friday to close out the week it recaptured an important trend line and today it bounced right off of it and continued even higher setting up potentially test of 436 and after that I'd be looking at 43843 and upside Gap fill once again this is the S&P 500, but the tech heavy sector The Q's the NASDAQ is no different. In fact, it had a potential trend line breakout. The Q's gaining.
51% Now with this and all the crazy CZ and especially because the geographical location of Israel you might be thinking to yourself well oil is probably going a little bit crazy right now and you're not wrong. Oil surges as Israel conflict reignites Middle East volatility. So if we look at crude oil right here, let me quickly bring this up. You see, yeah, went up by 4% on Friday Its low was 8150 a barrel.
Today it got as high as 87 in some change of barrel and closing out in the mid 86s. So yes, oil is going up. and if you look at any oil related companies such as Exxon XOM that was up 3.5% today. if you look at Chevron up 2.77% if you look at ocidental, yeah, up 4.5% So the energy sector specifically oil and oil related companies all because of fears that maybe production could be impacted or maybe not production, but maybe even the trade routes. Obviously it's going up because if demand stays the same, Supply goes down well. yeah, prices have to go up to make up for that equilibrium. but that's not the only sector that did notably well today. Look at defense contractors.
Let's bring up Lockie Martin Lmnt that was up 88.9% Very impressive. Let's look up north of Grummond and OC up 11.4% Let's look up General Dynamics GD that's up 8.4% Let's look up Rathon RTX that's up 4.6% You're kind of getting the point here that a lot of these companies, especially if they're in the world of Aerospace defense anything like that? It was a very very Green Day for them and I wouldn't be surprised as long as this conflict continues for them to keep going up. But there's one I want to bring to your attention specifically and that's Paler Ticker Symble pltr had a nice gain of 6% today. If you're looking at the technicals, had a nice upside breakout.
There was a failed shoulder head shoulder broke the other way. maybe on its way to testing 18. After that, I'd be talking to 20 and I just want to make it very clear at this point as I'm filming this: I own no Paler I feel like I might have missed a boat I was trying to get it when it was cheaper. Obviously it's running away from me now.
Maybe in the future I'll create a position I'm just trying to be as transparent as I possibly could be. But really, the reason I'm bringing this up is I Know there's a lot of interest in Paler. Obviously it exploded with the AI boom. If you don't know what Paler is, it is AI powered operations for every decision powering AI Assisted decision-making from war zones to factory.
for we build category leading software that empowers organizations to create and govern artificial intelligence across public and private networks. So obviously earlier this year, maybe you missed it, but there was a lot of an AI craze, so clearly Paler benefited off of that. Look how well it's doing this year. I mean year to date, Paler is now up 167% but I want to talk about why I Think it can keep going now? Obviously the theme of this video is: there's a new global conflict.
A very serious one. A very, very sad one that I personally don't believe is going to be ending anytime soon. but we have to look at what Paler does. It gave a little bit of a hint here from War Zones, but really, check out what this means.
These are the earnings reports specifically. The highlights for the most recent quarter: 4 pltr Revenue grew 133% year-over-year to 533 million. Interesting, but look at the subsector. Government revenue grew 15% year-over year to 302 million.
as in about 60% of the revenue is specifically from the US government. and there is also a decent Chunk from International governments. But anyway, Paler, a data analytics company a big AI company does a lot of work for the government, and obviously in times of heightened conflict, there's more government contracts. and here's an example of one. And really I'm using this to Showcase to you to highlight to you of how I think more of these are going to come in. and maybe I'm wrong, wrong, maybe I hope in a weird way I almost hope I'm wrong cuz I Want the conflicts to stop because I don't think that there needs to be so much needless innocent Bloodshed But if there isn't okay, this is something to pay attention. But even if I am wrong, just look at the world of technology, data and the fact that their major customer is the UF government. a person who what their pockets are essentially infinite because they're taking your tax dollars and my tax dollars.
It seems like this is a pretty good long-term bet. But I just want to show you an example of a type of contract that Paler commonly gets. and I think they're going to get even more of them in the future. This was announced in late September so it's about a month old at this point.
but I Just want to let you know what's going on, Paler will get a boost from a new 250 million US Army contract involving AI awarded on Tuesday. While this contract adds fuel to the argument that Paler is more like a government service provider, this contract bodess well for Pal's fourth quarter and 2024. Revenue The US Army Research and Development Services contract is for 3 years years. So this is just one.
and if you search Paler government contracts, you're going to see many within the US government and then even some on the international scale. Meanwhile, Palente could get a further boost if the company wins a new contract from the United Kingdom's National Health System The Nhsu Palun teers during The Rona period. A bigger contract worth roughly 595 million is now up for grabs. The decision is expected by the end of 2023.
With government customers, Paler has used AI Tools for intelligence gathering, counterterrorism, and Military purposes. Paler is now integrating generative AI into its software platform even without the conflict. I See the world going very much in the way of AI I Don't see in any way the US government slowing down its spending on analytics, big data analytics and Ai and now when you throw in the current debacle, the current mess I Think the contracts are continuing to flow now. obviously.
once again, these are my own opinions at the point that I'm filming this: I own no Paler position I'm not long I'm not short I don't have calls I don't have puts I wish I was in it. it's up almost 170% on the year I was waiting for a cheaper price I may have missed the boat I Just wanted to bring this to your attention because it's definitely on my watch list of something I would be willing to buy if there is ever a dip. but right now in the current turmoil, the current state of Technology it does seem as if this one has a decent chance of continuing its rip to the upside. now. Obviously with that being said, maybe I'm right. maybe I'm wrong because of that. I Would love to get your thoughts in a comment below right now. Are you more excited of what's going on in the world of commodi? specifically oil? Are you looking at some of these other AI Tech names? Or are you saying yeah, no paler.
Maybe you're already more informed on it and it's a stock and Equity that you've already been following already. Love. Let me know in a comment below I Appreciate you stopping by checking out this video. I'll catch you in the next one.
Have a beautiful day.
I superchatted you $100 before bro! Please cover NNDM stock when you can. Nano Dimension is a company that specializes in 3D printing electronics, particularly advanced printed circuit boards. They have more cash than their market cap are now doing a share buyback, and just hired a 4 star war general to their board to assist with their government and military contracts.
XLE and VDE in Energy for remainder of 2023
Just buy it dude I’ll just keep buying it no matter what the prices and long run 10 years from now it’s gonna be worth a lot more
You’re a frog 🐸
Free palestine 🇵🇸
Thank you for your insights.
Picked up some Texas Roadhouse under $100.
Matt I appreciate your due diligence your a hard worker and dedicated to your work Z
No blood money trades for me
War is good for business and also good for the market. To say that war is bad for business only applies to those that want or are looking for peace.
Now, I'm not saying that I'm glad or happy people are being kill. It saddens me and I'm praying for the Israelis.
Nonetheless, the American government likes war and yearns for conflict.
Finally, people thought that Trump was gonna take us to WWIII, but somehow, under the clown biden we have had 3 conflicts … and we are supporting either with money or personal to all the conflicts around the world.
I loaded up on PLTR @ $7.23
pltr is also Ukraine's ai system for their war…..any money there?…i think yes
Dude, people ar dying. Have some decency
Thanks for another great video. I’m going to grab 100 shares of PLTR before the market closes this evening. Tomorrow my plan will be to sell covered calls.
I was thinking the market went up because everyone and their cousin brother went full bear this past weekend and was wishing the market to tank 20% or more because they got burned horribly Friday and since the burning wasnt quite enough for them to learn their lesson they needed an immediate reminder again today not until the FED cuts rates. The bears just wont learn they want to right maybe after the 1,300 recession prediction they will get it right
I'm always buying.
💪🏼
First. PLTR bull.