☕️ Palantir, Tesla & Apple, three controversial stocks I like a lot right now

Howdy 👋 

There are 3 big market movers on deck this week, each of which I alluded to in yesterday’s short. And each of which I’ll have more on in a moment. 

Stay focused – the game is still very early innings. 

What’s more, there’s still trillions of dollars that have yet to get back on board after getting scared outta the proverbial water in April. And that, in turn, means FOMO isn’t far behind. 

Case in point, the S&P 500 has already risen 18.53% off those lows and many of the stocks we talk about regularly have done considerably better which is why, not for nothing, we focus on ‘em.  

OBAers, grinning is absolutely encouraged, btw. 😀 

I’ve been doing this a long time and if there’s one lesson that surfaces over and over again during event driven markets, it’s this… 

Chaos creates opportunity and more of the former there is, the more of the latter you have.  

We are living through a pivotal point in human history which means that the profit potential up for grabs is correspondingly much larger, more pronounced and sustainable than many expect. 

I know it’s hard to imagine and tempting to dismiss what I am saying, but to do so is – I submit - potentially one of the single biggest and most expensive mistakes any investor could make. So… don’t… make that mistake! 😀

Here’s my playbook. 

1, 2, & 3 – Big potential market movers on deck this week

The super savvy Stuart Varney kindly asked me back ahead of today’s opening bell for a discussion about three of the biggest possible market movers and how investors should be preparing for ‘em.  

1. Apple’s development conference 
2. China talks in London 
3. Why I bought more Tesla – and hope not to regret it 🤦‍️ 

Hopefully, you find my perspective helpful! (Watch) 

Btw, I’ll have considerably more detailed discussion about all three in today’s OBA Update later this morning so please keep an eye on your email. 

Meanwhile, I’m gonna cut today’s 5 with Fitz short so I can catch Apple CEO Tim Cook’s opening remarks at the WWDC. You can too, using this link. – starting at 10am PST. 

4 – Headlines say trade, but this is about control over the 21st century 

U.S.-China trade talks are back on — this time in London, backed by a 90-day tariff truce (U.S. duties cut from 145% to 30%; China from 125% to 10%). (Read) 

The headlines say “trade,” but the real fight is over AI, tech, defense, and global control of the 21st-century economy. 

Smart investors aren’t waiting.  

Being cautious is great, but being profitable is even better. 

Keith’s Investing Tip: Waiting for confirmation or on the sidelines until the smoke clears may seem like a smart move but that’s like bringing marshmallows to a campfire when it’s already gone out and the gang’s already in their tents for the evening. What you want to do instead is be sitting down before they – China and the US – make nicety nice and light the kindling. This market will likely be gone like a rocket when that happens. 

5 – Cable TV’s crumbling faster than a rusty satellite dish 

Warner Bros. Discovery is breaking itself in two — one company for streaming and studios (think HBO Max and the movie empire), and another for global networks like CNN, TNT Sports, and Discovery. (Read) 

CEO David Zaslav will stick with the streaming side, while CFO Gunnar Wiedenfels takes the reins of the legacy network biz. 

They may as well be re-arranging the deck chairs on the Titanic. 

Linear TV is fading, bundling is back, and streaming isn’t the golden goose Wall Street once hoped for. Content is expensive, subscribers are fickle, and investors want cash flow — not just Emmy trophies. 

This split might buy time, but it won’t buy a new business model which is what’s desperately needed. 

It’s merely something new for Wall Street to chew on. 

Meanwhile... Netflix isn’t just surviving — it’s rewriting the rules. 

I don’t own it and probably won’t because I’m in hot pursuit of stocks that I believe have considerably more upside ahead but don’t let that stop you if it fits with your personal risk tolerance, objectives, and circumstances (which I don’t know). 

Trade Idea: Short or putskies any time WBD bounces… because I think the breakup unlocks value… for sellers. Meanwhile, buy Netflix which actually seems to have its act together imho. LEAPs calls could be interesting for a fraction of the price, too. 🤷🏻‍ 

Bottom Line 

Learn to think like a hunter, not the hunted. 

Your portfolio will thank you. 

As always, let’s MAKE it a great day and start the week strong.  

You got this – I promise! 

Keith 😀 

PS: In case you missed it or want to listen again, the fabulous Suze Orman kindly asked me back to her podcast, Women & Money yesterday. We talked Palantir, Tesla and what to do with stocks that give you pause. There’s always a choice! 😀