Roundhill Magnificent Seven (MAGS) is an ETF invested in the seven largest US companies by market value: Apple, Microsoft, Alphabet, Nvidia, Meta Platforms, Amazon.com and Tesla.
The chart looks positive. It may be forming a pattern known as a bull hook, where the shares fall sharply, then rally and blast through the old highs.
It is compatible with my hypothesis that a massive bull market lies ahead and will most likely occur during the Trump presidency. We need to be prepared for what may be almost a once-in-a-lifetime opportunity.
I have seen two raging bull markets in my lifetime. The first was the Poseidon boom focused on Australia in the early 1970s. It is still the most incredible boom I have ever experienced. It was routine for shares to double in a day. Poseidon rose 280 times in less than 12 months.
The second was the Internet bubble in the late 1990s/ 2000. I became so rich that I was planning to reopen and fund the search for Atlantis. I had over 11,000 subscribers and, coming back from Uruguay, I opened the Financial Times to find I had made £1m in a day. I truly believed money grew on trees. The average gain on all the recommendations I made in 1999 was over 100%, with no minus signs for anything.
I should have realised it was too good to last, but my default position is crazed bull. Thank goodness it is only money, as I tell myself every time I lose another fortune. I wish I could invest in shares and not treat them as cards in a hand of poker. But I can’t. I have stopped fighting my demons. I am a gambler who thrives on excitement. I don’t invest to make money. I invest for the adrenaline rush.
That said, I have modified my approach in a way that might break the vicious circle. I have decided that with every share I hold (all in separate accounts on IG), I will add the same fixed number of shares, say 50 or a 0.5 point bet in a spread betting account, every time the price rises 10%.
If I choose my shares wisely, my holding will scale rapidly, but my leverage will fall over time. I start aggressively, doubling my holding when my free equity makes that possible. But as time passes, if the shares perform, the percentage addition falls. It is already down to 20pc on my favourite share. If you can’t guess what that is, go and stand in the corner and resolve to read my alerts more carefully in the future.
This explanation may be unclear. Email me if you want to learn more.
Share Recommendations
Roundhill Magnificent Seven ETF. MAGS
Palantir. PLTR
ServiceNow. NOW
Tesla. TSLA
Strategy – Get Ready For Blast-Off
The giant bull market I believe is coming may have begun. Trump’s simple plan with his tariffs and his bluster is to persuade businesses, both American and foreign, to make the United States their manufacturing base. It is not an entirely crazy plan, and he may be pushing against an open door.
Palantir Technologies Inc. (NASDAQ: PLTR) today announced six new customers deploying Warp Speed to accelerate on-shore manufacturing capabilities, optimize maintenance, and enable advanced fleet management. The newest Warp Speed customers include Epirus, Red Cat, Saildrone, Saronic, Ursa Major, and SNC.
Saronic (Photo: Business Wire)
“We designed Warp Speed to enable faster, safer, and more efficient production of formidable machinery that is critical to America’s leadership — from sea vessels, to drones, to propulsion systems,” said Emily Nguyen, Palantir’s Head of Industrials. “Epirus, Red Cat, Saildrone, Saronic, SNC, and Ursa Major represent the most visionary leaders, technologies, and manufacturing operations — and we are extremely proud to enable the companies who share our sense of responsibility for the power of American production.”
Epirus
Epirus is a cutting-edge technology company focused on overcoming the asymmetric challenges of future national security with its flagship product, Leonidas™. This software-defined, high-energy microwave platform provides unmatched counter-electronics capabilities, effectively neutralizing drone swarms and electronic threats. Epirus is using Warp Speed to scale its production and accelerate engineering innovation by enabling the rapid implementation of engineering changes into supply chain and manufacturing through end-to-end automation.
“Speed, agility, and precision are critical in delivering transformative technology at scale,” said Andy Lowery, Chief Executive Officer at Epirus. “Deploying Palantir Warp Speed underscores our commitment to accelerating production capabilities and meeting increasing demand as defense transitions from a ‘1-to-1’ to a ‘1-to-many’ mindset for short-range air defense. Palantir enables us to scale intelligently by making our digital manufacturing processes both seamless and powerful—allowing us to focus on innovation and execution.”
Red Cat
Red Cat is defining the future of aerial intelligence through the delivery of defense-focused drones technologies, including ISR [unmanned intelligence, surveillance and reconnaissance] and precision strike systems, short and medium-range reconnaissance assets, and more. Red Cat is using Warp Speed to significantly ramp the production and delivery of these assets to support critical missions across the Department of Defense.
“Our primary mission is to equip warfighters with the industry’s most advanced and reliable sUAS [small unmanned aerial systems] possible,” said Jeff Thompson, Red Cat CEO. “Our collaboration with Palantir and use of their Warp Speed solution provide us with the real-time insights and operational efficiencies required to scale our manufacturing and meet the increasing global demand for our Red Cat Family of Systems. Warp Speed enables us to optimize our production, supply chain, and logistics with speed and precision so we can deliver mission-critical technology to those who need it most, when they need it.”
Saildrone
Saildrone designs, manufactures, and operates advanced unmanned surface vehicles (USVs) that enable mission-critical maritime domain awareness and operations — with outcomes ranging from reducing drug smuggling and human trafficking to mapping the oceanic floor for disaster preparedness. Saildrone is using Warp Speed to transform its production planning process end to end, allowing it to dynamically manage material and production schedule over its incredibly dynamic and complex operation, ranging from fleet management to purchasing and production to demand planning. Saildrone is also using Warp Speed to deploy innovative AI capabilities to its drones and customers, securely and at speed.
“As manufacturing processes grow organically in a rapidly evolving startup, numerous, disparate systems are naturally created, delivering onerous workflows that block productivity,” said Richard Jenkins, CEO of Saildrone. “Warp Speed ties all these systems together with one over-arching production planning tool. It’s transformational for Saildrone and our ability to rapidly scale manufacturing with minimum overhead going forwards.”
Saronic
Saronic is redefining maritime superiority for the U.S. and its allies through its scaled production of autonomous surface vessels. In just 3 years, the company has brought 4 different vessel types to market and continues to ramp its ambition. Saronic is using Warp Speed to help scale its operations, starting with focus on material resource planning and engineering change management.
“At Saronic, we are focused on delivering the next generation of autonomous maritime capabilities needed to strengthen U.S. naval dominance,” said Doug Lambert, Co-Founder & Head of Engineering at Saronic. “From day one, we have focused on building a manufacturing capability that ensures we can deliver our Autonomous Surface Vessels at the speed and scale our customers’ missions demand. By partnering with Palantir and integrating Warp Speed into our operations, we are further accelerating our ability to bring cutting-edge maritime solutions to the fight.”
SNC
SNC is a global leader in aerospace and national security, delivering transformative open architecture solutions across all domains. With this focus, SNC is committed to empowering customers and ensuring best-of-breed solutions every time. SNC is using Warp Speed to revolutionize program management execution through unprecedented, AI-enabled collaboration and coordination across program management, engineering, supply chain, and manufacturing while leveraging real-time historical feedback loops to allow digital continuous improvement for scalability.
“At SNC, our dedication to open architecture solutions and shared data rights accelerates innovation, providing unmatched flexibility for our customers’ most critical missions,” said Fatih Ozmen, CEO of SNC. “Our partnership with Palantir and the use of Warp Speed brings the same speed and adaptability to managing our most complex programs. This ensures we continue to deliver mission-critical solutions that empower our customers at the speed today’s dynamic environment mandates.”
Ursa Major
Ursa Major is transforming national security with its next generation propulsion systems, built through an innovative approach to design and manufacturing. Ursa Major is using Warp Speed to extend its production agility into the digital realm, allowing it to exponentially ramp up production of its solid and liquid rocket motors without compromising on safety and innovation speed.
“We have continued to deliver advanced propulsion systems across national security domains, hypersonics, and space — including multiple successful, hypersonic flights with reusability, and multiple, successful solid rocket motor flights incorporating additive manufacturing,” said Dan Jablonsky, CEO of Ursa Major. “As a country, we must scale effective defense technologies and capabilities faster than the threat environment is evolving. We must aim to produce units in hours instead of days or weeks. We must provide them efficiently and at reasonable costs, and we are partnering with Palantir on Warp Speed to bring the very best in innovation to the United States’ national security needs.”
TITAN
The TITAN program is delivering systems capable of integrating data from space, high-altitude, aerial, and terrestrial sensors with cutting edge technologies from Palantir, L3Harris, Northrop Grumman, Anduril, Pacific Defense, SNC, Strategic Technology Consulting, and World Wide Technology. As the prime contractor on this first-ever AI-defined intelligence system, Palantir uses Warp Speed to manage system delivery, integration, and fielding. With a common Ontology integrating inputs from all subcontractors, Palantir is enabling the on-time delivery of an unprecedented, highly complex, and mission-critical asset.
“TITAN has a complex integration story that brings together technologies and subsystems from a diverse team working across multiple locations on an aggressive schedule,” said Pierce Tria, Palantir’s Program Director for the TITAN Program. “Leveraging Warp Speed allows us to maintain alignment across our team and has helped us identify and resolve scheduling conflicts, integration issues, and equipment shortfalls before they impact our schedule. Warp Speed is helping us find efficiencies that will result in better systems making it to soldiers faster. These are the tools we will need to ensure programs can keep pace with emerging threats.”
Since its launch, Palantir Warp Speed has delivered a series of new technological capabilities that include:
Palantir presentation, 13 March 2025
- MRP Speed for faster and more accurate material resource planning (MRP). With MRP Speed, customers run network planning optimizations on a continuous basis, empowering them to place orders and shift inventory in a timely fashion to get ahead of any shortages and react to any unforeseen contingencies. Further, customers can run and compare different scenarios to understand how changes or shocks to the network impact operations and delivery timelines.
- Continuous integration / continuous delivery for engineering changes. Warp Speed offers a suite of tools that bridge the gap between engineering and supply chain, between the eBOM [engineering bill of materials] and mBOM [manufacturing bill of materials], between PLMs [product lifecycle management] and ERPs [enterprise resource planning]. Customers rely on Warp Speed to rapidly and efficiently cut and roll out engineering changes to existing products as well as build out integrated delivery plans for launching news ones.
- The ability to unlock ERP data from SAP, NetSuite, CostPoint, OODO, and 10+ other systems in <24 hours. This has enabled customers to leapfrog past systems integration and consulting projects, otherwise slated to cost hundreds of millions of dollars and last 18+ months.
- Command & control for AI at the edge. With the ability to run AI and model inference on edge devices, including in DDIL environments [DDIL stands for Denied, Disrupted, Intermittent, and Limited, a term used to describe situations where internet access is unreliable, unpredictable, or completely unavailable. In other words, it’s when your connection drops at the worst possible time—whether due to a bad signal, a power outage, or something more serious.], Warp Speed customers can now operate AI-enabled fleets across connectivity types, hardware footprint, and compliance levels.
- Security principles for cleared manufacturing. Key investments in security are enabling Warp Speed customers to reach compliance with new regulations applied to defense contractors (e.g. CMMC [cybersecurity maturity model certification], etc.), as well as run the same software-defined processes for manufacturing operations in both high-side and low-side environments.
Sorry for so many mnemonics. Corporate speak in America is becoming an incomprehensible world of shorthand that only insiders can understand. We laymen must do our best and hope these guys know what they are talking about.
Arguably, the greatest revolution of the early 21st century was the proliferation of smartphones. What many people may not realise is that smartphones began as battlefield radio communications developed by an incredibly successful UK company called Racal Electronics, which was quoted and was the Nvidia of its era. How amazing to think that back then, a British company could play that role.
The honchos at Racal Electronics, led by chairman Sir Ernest Harrison, a man of humble beginnings but huge vision, quickly realised that their technology could have civilian applications, and Vodafone was born. The first cellular call in the UK was made on 1 January 1984 on a Vodafone. My brother, now 85, had one of the first phones on trial. It was the size of a brick.
At that time, most exciting technology breakthroughs started with the military and were taken up in the civilian world. Palantir is showing us that we may be going back to those days. This company is ridiculous. It is simultaneously reinventing warfare, applying the lessons learned to reindustrialise America and other friendly countries interested in going down the same path and helping enterprises of all descriptions become more efficient and productive. And I expect they have other plans. This is a company whose beating heart is innovation.
They are so intent on employing the best and brightest that 60% of Palantirians who leave the company return, and they have started a programme to generate their interns.
Palantir recognizes that the path to a technical career is unique for everyone and is committed to providing opportunities for individuals from all backgrounds to accelerate their personal and technical growth in preparation for a successful, impactful career. Palantir launched the Accelerate program to reach students who may not have had prior exposure to technical opportunities in an academic or industry setting or who are early in their engineering journey. Palantir seeks candidates for their first technical role or internship, with a process focused on how they think and the hard skills that will continue to develop during their time at the company.
As a Palantir Accelerate intern, growth is prioritized from day one, with challenging, high-impact work. Accelerate interns join a team of dedicated and motivated engineers to support a specific product or Palantir customer in solving multi-faceted, open-ended problems.
PROSPL June 2025
Is it any wonder that investors find it hard to value such a fantastic business? I was listening to an argument the other day between a stock market expert who thinks that Palantir is insanely overvalued and Dan Ives, the Wedbush analyst who believes that Palantir’s valuation will reach $1 trillion in two or three years.
One of the arguments of the negative analyst is that most analysts are cautious or bearish, and institutions won’t touch the shares with a bargepole. The main buyers are retail crazies who love the story and believe in the man.
A positive spin on this would be that there are many bears out there who can change their minds. Meanwhile, I think, a propos of my mega bull market hypothesis, that warfare is about to be transformed. Effective war machines will need unlimited, flexible industrial capacity to produce expendables like munitions, rockets, drones and unmanned transport/weapons systems of all kinds in vast quantities. Unmanned weaponry will be consumables in wars. Soldiers will be backroom boys. They will need superb intelligence and control capabilities. This requires companies like Palantir to play key roles at the heart of their operations.
All these capabilities will then spill out into the civilian arena, business, society, healthcare, everything. Companies like the Magnificent Seven, Palantir, ServiceNow and many others are on the cusp of the greatest growth opportunity in human history.
Humanity is investing in this extraordinary future at a scale unmatched in history, even in wartime. Trillions of dollars are being spent, and budgets are growing almost exponentially. It is an almost unimaginably exciting time. Apple alone will spend $500bn in the US over the next four years! Nvidia the same, but over five years! Microsoft expects capital expenditure of $80bn this year! Alphabet expects to spend $75bn. Meta Platforms has indicative plans to spend $65bn on AI infrastructure in 2025. It is like an arms race.
And so it goes on.
OpenAI, Oracle, SoftBank, and investment firm MGX on Tuesday announced plans to spend as much as $500 billion on AI infrastructure in America over the next four years, to be used by the ChatGPT super-lab.
The Register, 22 Janaury 2025
This is colouring my reading of the charts. Whatever they look like, they are bullish!
I am getting a good feeling about Tesla. It already embodies the future of manufacturing. It makes cars and solar energy collection and storage systems in its state-of-the-art gigafactories. It is moving rapidly down the path towards launching robotaxies (transport as a service) and robots. Like so much at Tesla, their first on-stage manifestation of a robot, a man in a robot suit walking with stiff limbs across the stage, provoked derisive laughs. But he laughs most who laughs last. Tesla surely ain’t finished yet on robots.
Warfare, munitions, drones, and unmanned fighting vehicles look made for Tesla and its amazing factories. I would back Palantir, Anduril, Tesla, Alphabet et al against the Russians any day of the week, and they would give even the Chinese pause. What use are a quarter of a billion soldiers against an army with small units of soldiers, or even none, in the field and automated factories with almost unlimited productive capabilities?
Imagine a factory which, almost at the press of a button, could switch from making cars to unmanned fighting vehicles. Imagine America with those capabilities and a Golden Dome, making it immune to a surprise nuclear attack. In such a world, the bad guys, aka America’s enemies, will tread carefully.
Moving from where we are today to such a world is going to involve gigantic investments and a very different relationship between the public and the private sector. One thing is clear – a bunch of bureaucrats is never going to make such a world happen. Adam Smith has never been more important.
