PLTR Post-Earnings Pop, Gold and Silver Rebound

Market Overview - The market is experiencing a bullish trend, with cyclical names such as industrials, financials, and consumer staples leading the gains [2][3] - Walmart's strong performance is contributing to market stability, although volatility is expected to persist due to the partial government shutdown [3][5] Earnings Highlights - Palantir reported a strong quarter with revenue of $1.41 billion, exceeding expectations of $1.35 billion, and adjusted earnings per share of 25 cents, surpassing the forecast of 23 cents [6][7] - The company provided a positive Q1 revenue guidance of $1.53 billion to $1.536 billion, significantly above the expected $1.32 billion [7] - Palantir's government revenue increased by 66% year-over-year, indicating strong demand and growth in both commercial and government sectors [8][12] Stock Performance - Palantir's stock rose over 10% following the earnings report, with analysts adjusting price targets upwards, including Piper Sandler raising it to $230 [9][11] - The stock is at a critical technical level, and if it surpasses $170, it could trigger a significant short squeeze [9][15] Tariff Developments - The U.S. is reducing tariffs on India from 25% to 18%, which may positively impact U.S. defense spending and related stocks [17][20] - This trade deal could benefit companies like RTX and Lockheed Martin, as well as agricultural sectors, although confirmation from India is still pending [19][20] Metals Market - Gold prices have surged approximately 6%, marking one of the largest increases in a long time, while silver is also seeing increased buying activity [22][23] - Technical indicators suggest potential for further gains in metals, with a focus on the SLV ETF showing aggressive call buying activity [25]