Daily Pounder Analysis: Price Action and Political Implications for Pounder

Jul 16, 2024

Daily Pounder Analysis: Price Action and Political Implications for Pounder

Key Topics:

  1. Price action of Pounder ($PLTR)
  2. Donald Trump's Vice Presidential candidate and implications for Pounder

Price Action of Pounder ($PLTR)

  • $29 price point reached for the first time since September 2021.
    • Prior milestones: $28 and $27 reached for the first time since 2021.
    • Highest point today: $29.39, closing around $28.70.
  • Observed strong price action, potentially setting up for Q2 earnings to break $30.

Price Action Details:

  • Started the day at $27.90
  • Peaked at $29.30
  • Stayed above $29 for several hours before falling to close at $28.70.

Upcoming Events:

  • Earnings confirmation for August 5th; live after-hours coverage will be available.

Dan Ives' AI Monetization Insight:

  • Dan Ives suggests AI revolution monetization is moving from semis to software.
  • Institutional investors may be buying into this narrative, impacting $PLTR's stock price.

Donald Trump's Vice Presidential Candidate

  • JD Vance announced as the VP candidate.
  • Importance of the VP pick for Pounder and overall market perception.

Analysis of VP Candidate's Impact on Pounder:

  1. Political Climate and Market Reaction:
    • Political stability underscores market performance.
    • A violent event against a political figure could severely impact markets (reference to recent assassination attempt).
  2. JD Vance's Connection to Pounder:
    • Close ties with Peter Thiel, co-founder of Pounder:
      • JD Vance's work at Mithril Capital, funded by Thiel.
      • Co-founded Narya Capital, funded by Thiel.
  3. Chapter Startup Investment:
    • Narya Capital invested in Chapter, which uses Pounder for its tech platform.
  4. Influence of Political Connections:
    • Direct relationships may help Pounder gain government contracts and influence policy favorably.
  5. Possible Implications:
    • JD Vance's potential influence on administrative decisions affecting Pounder if Trump wins the presidency.

Ethical Considerations and Realities:

  • The relevance of personal and professional connections in career and business advancements.
  • Companies frequently lobbying to influence political policies in their favor.
  • Investors should recognize the importance of networking and influence in both macro and micro contexts.

Conclusion and Future Outlook:

  • Potential benefits for Pounder with JD Vance's close ties to Peter Thiel and Trump administration.
  • Continued observation and analysis required as the political landscape evolves.

Additional Resources

  • Recommended: Follow-up on daily updates and more in-depth analysis via dailypound.substack.com.

Thank you for tuning in! See you on the next episode.