According to The Kobeissi Letter, the 2x Leveraged Long MicroStrategy ETF ($MSTU) has experienced a 41% drop over the last three trading sessions, resulting in an 81% decline since its peak on November 20th. Concurrently, the 2x Leveraged Long Palantir ETF ($PTIR) has decreased by 52% over the past five days, highlighting the risks associated with leveraged ETFs.

According to The Kobeissi Letter, Palantir's stock ($PLTR) has surged by 530% over the past 12 months and 40% year-to-date, now trading at a P/E ratio of 535x. This indicates a significant upward momentum but also highlights a potentially overvalued position in the market, which traders should consider when assessing entry and exit points.

According to The Kobeissi Letter, Palantir Technologies Inc. ($PLTR) has demonstrated exponential growth, experiencing a 530% increase over the past 12 months and a 40% rise year-to-date. The stock is currently trading with a P/E ratio of 535x, indicating a significant premium in investor expectations. Traders should consider the high valuation when assessing entry points and potential risks.