A Perfect Tech Trade For This Bull Market

The stock market has pulled back this week. Traders seem to expect ever-rising prices and pullbacks seem to catch them by surprise. But pullbacks are normal, and the current decline is still within the realm of normal market activity. The chart below shows that $447.20 would be a 38.2% retracement of the recent advance.

At $447.20, SPDR S&P 500 (NYSE: SPY) would be about 1.5% below its high.

For now, it’s still a bull market, and that means I’m sticking with bull market trades over at my premium service, Maximum Income.

Some of you know that I worked in military intelligence a decade ago. Some of that work can be tedious. But a recent recommendation I made to my readers takes the level of analysis that goes into this work to a whole new level.

Collect Income From One Of The Hottest Tech Names In The Market

Palantir Technologies Inc. (NYSE: PLTR) is a leader in artificial intelligence applications. The company has worked with the government to develop intelligence systems.

The goal is to gather as much information as possible, sift through the data to find the important elements, and tie the important pieces of information together to identify, in advance, what the other party is planning to do.

Obvious applications exist in the War on Terror. A terrorist organization is decentralized and there is a fair amount of chatter among those tied to the organization. Within the organization, there are planners and operatives, and each may use coded communications since they plan to hide their actions from the intended targets.

Our government listens to the communications of terrorists when they can and tracks their movements with surveillance systems. This information is reviewed by analysts, and Palantir has created software to sift through the data looking for important connections.

The fact that the company has done this gives it a competitive advantage. Intel agencies change slowly and are comfortable with Palantir. This should lead to a steady income stream.

But Palantir knows this kind of software has capabilities beyond the military. It can be used to research drugs or to optimize complex manufacturing processes. Airbus, the European airplane maker, is a customer. This gives Palantir a position in the airline industry where artificial intelligence could help improve air traffic in addition to helping companies increase their profits.

My Plan To Profit

What’s attractive about PLTR is its growth potential. It makes a nice addition to our conservative portfolio.

Another long-term appeal is that Palantir is also an investor in other companies. Its company chair, Peter Thiel, is a successful venture capitalist. Thiel was a co-founder of PayPal and was the first outside investor in Facebook. His ability to find winners in the tech sector could add to the profits of PLTR’s shareholders now.

Of course, PLTR is a tech stock. That means it doesn’t pay a dividend. But over at Maximum Income, but we can still generate income from the stock thanks to a “loophole” that most investors don’t even know exists…

With this strategy, we get paid immediately for positions we hold in our portfolio. If everything goes according to plan, we can repeat this strategy again and again, allowing us the chance for thousands of dollars in extra income from the stock — as well as the chance to collect regular dividends.

Most Americans have no idea about this simple strategy… But it has the power to protect your portfolio on the downside, while supercharging your income as well. And once you know how it works, you can make trades like this in as little as six minutes…

Want to learn about this secret income plan? Go here before word gets out.