Summary
Gann #19 (June 26, 2026) is a compact portfolio update confirming that both remaining long positions in the Mex Pete Model Portfolio — YPF and TBT — triggered their stop losses this week. YPF was stopped after its stop was raised to 34 was hit. Anderson also flags Palantir (PLTR) as a live short setup: the stock broke below its “inverse Mexican Pete” pattern earlier in the week and is a “notable laggard despite the general market excitement around AI stocks.” A short position entry is suggested with a stop at 28.74, stop $33) — a single defensive position — marking the most lean late-cycle posture in the portfolio’s documented history.
Key Claims
- “The YPF (YPF) position triggered our stop loss this week with a small loss. The stock is coming back to test the breakout level following the drop in oil prices.” — Phil Anderson — confidence: high
- “We recently raised the stop closer to breakeven to protect capital. While it’s reasonable to expect pullbacks in an uptrend, the retracement in YPF has been larger than ideal so we’ll move on from that position.” — Phil Anderson — confidence: high
- “The ProShares UltraShort 20+ Year Treasury (TBT) position also triggered our stop loss this week. We entered the position following the breakout in the 30-year Treasury yield.” — Phil Anderson — confidence: high
- “You may have also taken a short position in Palantir (PLTR). We have that stock on our short watchlist for a move below $125. The stock has been a notable laggard despite the general market excitement around AI stocks, and broke below our ‘inverse Mexican Pete’ pattern earlier this week.” — Phil Anderson — confidence: high
- “If you have a short position in PLTR, place the stop at the small retracement higher just before the breakdown at the $135 level.” — Phil Anderson — confidence: high
Predictions / Forecasts
- PLTR short setup active — break below 135 — status: ⏳ pending
- YPF retreat to breakout level = failed trade (not a failed pattern); oil price pullback drove the stop — status: ✅ confirmed (stop triggered)
Notable Quotes
- “While it’s reasonable to expect pullbacks in an uptrend, the retracement in YPF has been larger than ideal so we’ll move on from that position.”
- “The stock has been a notable laggard despite the general market excitement around AI stocks, and broke below our ‘inverse Mexican Pete’ pattern earlier this week.”
Mex Pete References
- YPF — Mex Pete breakout entry June 2 @ 48 on June 16; stopped out week of June 25. Retracement larger than ideal; oil price pullback drove the failure.
- TBT — Entered May 18 on 30-year Treasury yield breakout above 5%; stop at $34; stopped out week of June 25.
- PLTR — Inverse Mexican Pete (descending triangle) breakdown; short entry on break below 135 (retracement high before breakdown). Canonical Reverse Mex Pete application.
Stock Picks / Signals
| Ticker | Action | Level | Thesis |
|---|---|---|---|
| YPF | EXIT (stop hit) | $48 stop triggered | Oil pullback; retracement larger than ideal |
| TBT | EXIT (stop hit) | $34 stop triggered | 30yr Treasury yield breakout trade failed |
| PLTR | Short entry / stop placement | Short below 135 | Inverse Mexican Pete breakdown; AI-stock laggard |