Dear reader,
Most investors wait for the government press conference.
I follow the money before the cameras show up.
And the money trail now leads straight to one tiny nickel stock.
Its U.S. platform has already been selected for $135.4 million in disclosed federal grants: $114.8 million tied to a domestic processing facility and another $20.6 million supporting exploration in Minnesota and Michigan.
That is not a prediction. That’s money already disclosed.
The next step is my forecast: I believe Washington could eventually go further and take an equity stake.
It may never happen. But the U.S. has already shown it is willing to put taxpayer capital directly into strategic mineral companies. And this company now controls the only primary nickel mine operating in America.
Meanwhile, Tesla has locked in a six-year supply agreement, and America remains dangerously exposed to foreign nickel supply.
Russia, China, and Indonesia have leverage because the United States allowed its domestic pipeline to wither.
This little company is one of the few credible ways to fight back.
That’s why I bought 10,000 shares before any equity announcement.
I am not promising Washington will buy in. I am saying the grants, the operating mine, the Tesla agreement, and the strategic pressure form a setup I refuse to ignore.
Click here to learn more about the $5 nickel stock I believe Washington could target next.
Yours for peace, prosperity, and liberty, AEIOU,
Dr. Mark Skousen
Macroeconomic Strategist, The Oxford Club
P.S. Washington has already backed this platform with $135.4 million in disclosed grants.
If an equity stake comes next, I believe a stock this small could move violently.
I refuse to wait for the press conference.
Click here to reveal details on what I bought before Washington makes its next move.
Palantir Heads Into Monday With Software’s Priciest Valuation
The software sector just told you something important, and Palantir is about to find out whether it applies to them too.
Fortinet and ServiceNow both beat revenue estimates after the close, and both stocks cratered anyway, dragging dozens of other software names down with them. Twilio saw its stock tumble about 19% after its third-quarter earnings report, which beat analyst expectations on both earnings and revenue. Three companies. Three beats. Three severe selloffs. The market is not rewarding results right now. It is resetting expectations for entire business models.
The concern is that AI agents could replace per-seat software. The selloff did not stay contained: drops spread to peers like Salesforce, Palo Alto Networks, CrowdStrike, and Zscaler, as traders treated the news as a wider read on software demand and competition in an AI-heavy world.
The seat-replacement fear is not new, but it has never hit this many names at once. Salesforce faced the same structural question about AI agents displacing per-seat licensing after beating its own quarter and still selling off sharply.
Into this environment walks Palantir, reporting Monday after the close. The company is expected to announce its Q3 2026 results after the market closes on November 2, with analysts expecting earnings of about $0.41 per share and revenue of about $2.18 billion. Against its own guidance, Palantir projected Q3 revenue of between $2.160 and $2.164 billion. Consensus sits just above that range, so the bar is real but not outrageous.
The business fundamentals are genuinely strong. Palantir’s revenue grew 93% year-over-year last quarter, with an adjusted operating profit margin of 62% and adjusted free cash flow of $1.220 billion (a 63% margin). For the full year, the company raised its U.S. commercial revenue guidance to in excess of $3.424 billion, representing a growth rate of at least 134%. That is not a company in trouble. That is a company that has been priced for perfection for a long time and now faces a sector that just decided perfection is not enough.
Palantir trades around a trailing P/E of roughly 160 to 170. It has also been trading around 80 times trailing sales, keeping it among the most expensive large-cap software names by price-to-sales. RBC Capital has reiterated its Underperform rating and $90 price target, emphasizing that it continues to see Palantir as the most expensively valued name in its software coverage universe. The bull and bear case sit $172 apart in analyst price targets. That spread alone tells you what kind of coin flip this print is.
On the bull side, JPMorgan initiated coverage of Palantir on October 29, assigning it an Overweight rating and a $262 price target for December 2027. Analyst Brian Essex told clients that enterprises are moving from figuring out how to deploy AI to seeking returns on it, and Palantir is already delivering. The bank simultaneously placed the stock on Positive Catalyst Watch ahead of the November 2 earnings report. The timing of that initiation, on the same day software stocks collapsed around it, is either brave or perfectly calibrated.
Options traders expect roughly a low-teens move in PLTR stock after earnings, equal to roughly $20 to $25 per share, in either direction. That implied move frames the opportunity. The stock is up roughly 20% since its last earnings report on August 3, 2026, carrying into a print where the crowd just shot three companies for reporting beats.
The Trade
A bull call spread is the right structure here, not a naked long call. Buying the November expiry call spread buys the thesis while hard-capping the downside to the net premium paid. If Palantir delivers clean results and raises full-year guidance the way it has in each of the prior three quarters, the spread captures the upside move within a defined risk envelope. If the sector’s derate logic applies and a beat gets sold anyway, the loss is fixed at entry. That is exactly the discipline this environment demands.
The sector’s current mood makes structure non-negotiable. ServiceNow crossed $1 billion in AI contract value and still trades 27% below its high — a reminder that strong numbers alone do not protect an expensive software stock from a derate.
A spread centered near the current price, targeting the upper bound of the options-implied move, lets the thesis express itself without betting the position on a sector sentiment that just proved it will punish winners.
What Would Break This
Revenue that comes in at the low end of guidance rather than above it. Any sign of U.S. commercial deceleration below the 130%+ growth rate the company has been printing. A full-year guidance raise that disappoints relative to the cadence of prior beats. Any of those outcomes, in this market, could produce a ServiceNow-style gap down regardless of the absolute numbers.
The thesis is not that Palantir is cheap. It is not. The thesis is that its growth rate is categorically different from every other software name that got sold this week, and that a defined-risk position lets you hold that view without absorbing unlimited downside if the sector’s logic overrides the fundamentals on Monday night.
