YieldMax PLTR Option Income Strategy ETF

The elephant in the room is the US mid-term elections on 3 Nov. As the Red party is still reeling from inflation-related voter disgruntlement and other personality-related issues, the Blue party might wrestle one or both chambers from the Red. How would that impact the US market?

SG banks fell by as much as 2% to 3% today as lower expected wealth management fees could lower banks' profits in the upcoming months. However, I personally think the drop is an overreaction

Most chips companies are slightly up today but I think the short term volatility and selling pressure still lingers. Let's see how the market reacts after more earnings and Midterms

The midterm elections will be something the market will want to get out of the way. Seasonally, it has been good for the markets.

$Palantir Tech(PLTR.US)

Background: Palantir's AI software demand remains strong, with commercial and government contracts expanding. But valuation still very expensive lah. Q3 earnings due tonight (2 Nov), so volatility likely high. Market expecting another strong beat and raised guidance.

My trade: Bought at an average cost of US$128.

Takeaway: Long-term bullish on AI growth, but don't chase at current valuation. Hold existing shares and consider adding only on dips, preferably after earnings. Keep some bullets for volatility.

🇺🇸📌 I think later will be little bull after last Friday bear calling mr buyer’s market; but don’t be too happy cos tomorrow will again be falling down liked I said that London bridge is falling down till let say mid term election; to gauge to see its stability if not mean worst cos heavy debt issues cannot be easily resolved, that is why it is rotating and roller speed coaster only influence home market as well; in general the economy is not stable as yet!! But we have to believe it will improve take longer time than before! So I shall say bite your bullets take what on the table or leave them on the table as changes is for good than for the worst!

Midterms probably the next closest watch for AI and semiconductor stocks. Tough drop to close out Friday, can they turn this around quickly? Or will the drop sustain?

Looking forward to Apple and Palantirs results tonight. Also surprised to see the chip stocks share price that drastically.

How many CEOs actually give a crap about regular investors? Alex Karp and $Palantir Tech(PLTR.US) are built different.