Video summary
The video begins by analyzing recent market performance and earnings reports for several space sector stocks while highlighting Palantir's significant rally despite broader market declines. The presenter notes that major indices like the Russell 2000, Nasdaq, S&P 500, and Dow Jones all fell slightly on a day where commodity prices such as oil, gold, and silver rose alongside volatility measures like the VIX. In contrast to this downturn, Palantir shares surged over two percent, breaking out of its $160 resistance level after hitting nearly $80 per share in pre-market trading before closing higher. The analyst suggests that while a short-term pullback might occur as traders attempt to fill gaps near the $190 and $200 levels, the stock's upward trajectory remains strong over the coming weeks or months, effectively defying recent market gravity.
Turning to specific earnings results, Rocket Lab reported mixed figures with revenue beating expectations but missing on EPS due to a larger-than-anticipated loss; however, the company provided positive guidance for Q3 sales which helped stabilize its price in the aftermarket. Conversely, AST SpaceMobile faced a double miss by failing both revenue and profit targets relative to analyst estimates, causing its stock to drop significantly after briefly breaking through key support levels around $72. The presenter views this as an unfavorable sign for bulls until the stock can reclaim that level, noting that despite rocky earnings, the space sector generally remains under observation due to holdings in related companies like Redwire.
Finally, the discussion covers Hims & Hers Health, which showed resilience after a severe drawdown earlier in the year by raising its full-year 2026 sales guidance and Q3 outlook significantly above expectations. Although the company missed on EPS with a larger loss than predicted, the presenter argues that for growth-oriented firms, reinvesting profits to expand market share is more critical than immediate profitability, meaning the stock may not be punished as harshly by investors who focus on revenue expansion rather than bottom-line earnings in the short term. The analyst concludes by advising caution regarding Palantir's current valuation after its massive gains over ten days, suggesting that instead of buying now, investors might consider holding positions or selling covered calls to capture premium while waiting for a potential correction before re-entering at better prices.
Read the full video transcript
Alrighty guys, we have earnings out of
Rocket Lab, ASTS, and Hims and Hers.
We're going to cover those in this video
and talk about Palunteer as the stock
just keeps on going. We had another
green day today up around 2% as the
entire market h didn't do so well. Every
index went down. Russell down over half
a percent. Q's down about.3. S&P down at
barely pretty much at break even. Same
with the Dow down only 0.1%. So guys, we
have to break down again earnings.
Palunteer talk about where my head's at.
Oil went up today. Gold went up, silver
went up, VIX went up. Let's talk about
it. Hit the like button. Make sure to
subscribe. Join the Patreon if you guys
want to keep up with my portfolio
updates. Private Discord that's in the
description box, pinned down below in
the comments, in the bio. You guys know
where to find it. And now let's dive
into it. So Palunteer first of all keeps
on going another 2% green day. This
stock is defying the laws of gravity.
Man, we hit 100 almost $80 per share
this morning after completely ripping
out of the gates. We actually sold off a
bit in the pre-market. Got to about 168
and this thing said no more selling. No,
no, no. and it ran up 6% while falling
into close shortly after that. Uh but
still, man, 2% green day, massive move
out of the gate and this thing keeps on
going. We're clearly breaking out of
this 160 resistance. That is all news at
this point. And we're trying to fill the
gap to about $190, $200 on Palunteer.
And although I think we might see a
pullback before we actually fill that
gap, I think that's where we're headed.
I think that's where we're headed over
the next couple of weeks, months towards
180, 90, 200. It's in the cart. So,
before we dive deeper into Palunteer,
talk more about the market. Let me show
you these earnings again. We had a
couple come out. Rocket Lab is number
one, ticker RKB.
This stock, let's see, closed at $80. It
went down 3.4% on the day. Now, it's
down, it looks like, a little bit more
on the aftermarket. We are down another
$2. And when the earnings first came
out, it looks like we dropped about
fiveish dollar 6%. So, Rocket Lab, let's
see what they reported, guys. Earnings
are fresh off the press. Rocket Lab
reported a loss of 8. That missed the
loss of 7 cents expected on sales of
$234 million versus 231 million
expected. So, missed EPS, beat sales
pretty good there. And it looks like
they guided uh for Q3 sales of 250 to
265 million versus 238.5
million expected. So very good guidance
on the top line. Let's see anything else
here worth mentioning. Again, these
earnings are fresh off the press, guys.
So we didn't get the call yet. We didn't
get a chance to go deeper into the
actual report, but the headline numbers
um other than that miss on EPS don't
look too bad. Pretty good beat on
revenue. Very nice guide. And the
market's realizing that now we got that
initial shock sale, sale, whatever you
want to call it, down to $75. Now we're
starting to recover. Now we're pushing
uh the mid high 78. So, Rocket Lab,
although I'm not long, um, I'm still
watching it as I am long Redwire and the
space sector. You guys probably know
that Redwire right now is, uh, it's at
$1290, $13 a share. Uh, but I don't want
to spend too much time on Redwire
considering their earnings um, didn't
come out today. So, let me show you
Rocket Lab. And by the way, Redwire did
do well last week with their earnings.
Um, and Rocket Lab, looking at this
chart, this thing's starting to break
out even with it selling off in the
aftermarket. You guys can see Rocket Lab
is trading above well above the 50 SMA
and the 180 moving average here on the
4hour chart. So, keep your eyes on that.
If we start to consolidate in the high
70s, low 80s, that would be a good sign.
And preferably, you know, if we start
breaking into the mid80s, that would be
what the bulls uh want to see. No doubt.
We also had earnings out of AS, another
space play. Um, this is Space Mobile.
This is also down a little bit, but not
too much. You know, it looks like this
thing's even more rocky uh than Rocket
Lab. No pun intended, guys. This thing
closed at 680. It popped to about 72
uh 20. So, it uh jumped about 5%. Not
too much, actually. And now it's down to
6714. But what 2% down in the
aftermarket. Not too bad. ESTs reported
EPS of 77. Well, they lost 77 on the
quarter, which missed the loss of 28
cents expected. Oh, now it's really
starting to dump. Wait a second, guys.
And they missed on sales. $31.52 million
versus $34.97.
So, pretty big miss on revenue. Not I
guess a pretty not the best report. Big
miss on uh EPS as well. Um so double
miss out of ESTS. They affirm their full
year 26 sales guidance of 150 to 200
million versus 168.87
million. Not too bad guidance-wise, but
really that's it in terms of uh the
headline numbers that that stands out as
a good good thing. the guidance. That's
the only good metric I'm seeing here as
again they double missed and the stock
is paying for it right now in the short
term after it tried breaking through
after it tried breaking through 70 to 72
uh which has been support all year. Uh
this stock has been trading sideways all
year until recently it break through uh
broke through $70. Not ideal for the
bulls. Now we're trying to break
through. We were hoping earnings will
get us through there. Would have got us
through there, but it didn't. At least
at least not yet. The stock's down $2
after earnings, and I'd be watching for
that 72 mark uh to break. I'm going to
set my alert there now. Mark is that
we're above $72 a share. And let's do
him and hers quickly here, guys. By the
way, hit that like button. Make sure to
subscribe, hit that follow button. I
appreciate all of you guys for tuning in
on YouTube, on Facebook, on Tik Tok. I'm
posting these videos everywhere now and
they're getting a lot of traction. Um, I
appreciate you guys and I couldn't I
honestly couldn't do this obviously
without you guys. Um, so the support is
greatly greatly appreciated. Hims and
Hers has been digging itself out of this
hole the last couple of months. We hit
$41 back in December. We went all the
way down to $13 by March. massive draw
down there about 67% and the stock's
been been slowly filling the gap since
then. Uh but you know, it's struggling
now. We hit 40 bucks again about a month
and a half ago. We got rejected, fell
all the way down to 24. I mean, this
stock's volatile, man. Now it's fighting
to break back through 30, but it's it's
getting hit. It's getting hit. And now
in the aftermarket, guys, it looks like
we're we're going up, we're going down,
we're flat. I mean, this thing's all
over the place. We hit $35 initially
after earnings, went down to 29. Now
we're back to 3150, $32. So, HIMS
reported a loss of 37 that missed the
loss of 3 cents expected on sales of
$753 million versus $699 million
expected. So, they beat sales but wildly
missed EPS. And it looks like here they
raised their fullear year 26 sales
guidance from 2.8 to $3 billion um now
to 3.1 to $3.3 billion.
Excuse me guys
versus 2.92 billion expected. So, they
raised their fullear guidance and it
looks like they raised their um or I
don't know if they raised it, but it
looks like their Q3 sales guidance is
880 to 900
versus 793 million. So, very strong
guidance out of him and hers for Q3
for the full year, right? They missed
EPS, but at the end of the day, man,
this company is a growth company.
They're trying to grow. As long as
they're reinvesting,
making the right moves, I'm fine with
them missing EPS or being negative for
now with the end goal of obviously being
profitable and being a much bigger
company. These guys, these companies,
they have to grow somehow, guys, right?
You know, they they're not just going to
go from a $2 billion market cap to 500
billion. I'm not talking about him. In
general, companies that are smaller
companies, they reinvest, right? Their
goal is not to be profitable and make
all this money on the bottom line out of
the gate. So, that's why the stock uh
the market might not punish them as much
for a big miss on EPS because they're
raising guidance because revenues
looking strong. They're growing, right?
That is why uh the stock might go green
here any second, you know? So, those are
a couple uh earnings from today and I
don't own any of those uh names, guys.
Uh but I'm watching them. I'm watching
them as again I do have a little
exposure in the space sector via redwire
calls and hims and hers. If it can take
out $40, guys, this might be a bigger
runner. Honestly, even before that, even
before that, it might fill the gap to
40. That could be a trade in and of
itself. Then we break 40, it goes even
higher. We'll see. What do you guys
think? Let me know in the comments. Um,
so yeah, with that being said, I mean,
going back to Palunteer here very
quickly, am I loading up on Palunteer?
Absolutely not. I think now is actually
a good time to to just hold it, maybe
sell some covered calls at a $200
strike. You know, you can probably make
some good premium doing that. Uh, you
know, maybe it's a good time to even
lock profits on on some of your
position. Maybe you want exposure still
longer term. So maybe maybe lock half of
your profits. Maybe take a little off
the table. You know, now now's not a
time to to go all in, though. In my
opinion, just my opinion. The stock's up
massively over the last um month and 10
days. It is up from literally 105 to
where it is now, 175, 70%.
Do you guys remember I was calling out
Palunteer down here? I was buying it
down here. Do you guys not remember
that? I did sell it. That was a trade. I
probably should have held on to it
longer, but we were calling out how
unbelievably oversold it was. And now
we're calling out how it's not maybe
it's not as overbought,
you know, um as as oversold it was. Does
that make sense? Uh but if it hits 180
185 on this go, which it kind of almost
did this morning, it's almost getting to
that point where the se, you know, the
the scale tipped so far to the oversold
side. Now it's tipping to the
overbought, we're going to be due for a
draw down. So I much rather wait for
that draw down before entering again. Uh
you know, again, it might be a decent
time to sell some calls, take take
advantage of the elevated premium we've
seen. And overall, that's what I'm
doing. I'm just holding on tight and uh
letting it ride. I'm not surprised
we're, you know, breaking out finally.
May maybe I am surprised it went up 30%
in a day. That kind of surprised me a
little bit. Uh but, you know, at this
point in this market, not much surprises
me anymore, guys. So, what do you think?
Let me know in the comments. Hit the
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