In today’s episode, Bill Gunderson provides an in-depth analysis of the fluctuating stock market. Shifting focus from the dramatic fall in the NASDAQ to potential turnaround candidates like Palantir and NVIDIA, Bill discusses how these stocks might navigate out of the current downturn. With keen insights from Barry Kite, the episode identifies the markers investors should watch for during these precarious times. The conversation touches on various influences, from economic policies to global trade tensions, that are shaping current market trends. Bill brings his expertise to the forefront, providing strategic advice for riding out the current wave of fear
SPEAKER 02 :
He’s been seen on CNBC, the Fox News Channel, and the Fox Business Channel. His articles can be found on MarketWatch, Seeking Alpha, TheStreet.com, and many other places. He’s the author of the weekly Best Stocks Now newsletter and the inventor of the Best Stocks Now app. He’s president of Gunderson Capital Management. Here is professional money manager, Bill Gunderson.
SPEAKER 03 :
And welcome to the Tuesday. It is March 11th, 2025. This is Bill Gunderson. This is the Best Stocks Now show. I’m here with Barry Kite, our chartered financial analyst. And of course, I am the president, CEO, chief investment officer over at Gunderson Capital and the janitor from time to time. Cleaning up spills in the NASDAQ. We did have a big spill in the NASDAQ yesterday on aisle number 8. At one time it was down 5%. That’s unheard of. It did end down 4%. It was nice to be sitting on about 80% cash yesterday. And we’ve got an anemic little bounce going on in the NASDAQ today. Still looks pretty perilous out there, but opportunity is coming. I can tell you that. The sun will come up again. The NASDAQ is up 35 points right now, 17,503. We’ll get an update on its technical analysis here today. The Dow, which is now below its 200-day moving average, has joined the other two indexes. That is a bearish development. There will be a new day on the Dow at some point in time, and we’re waiting for that. The Dow is down 339 right now. Apple looking pretty rough today, down below its 50-day moving average. The S&P is down 20 points right now. The small caps are actually up. 13 points. I did see some technical support in the Russell 2000 yesterday. The U.S. Treasury is up about three basis points today and Bitcoin down 590 to 80,000. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kydar, Chartered Financial Analyst. Well, you’ve got to compare what’s happening in the NASDAQ. First, you’ve got to go back to 2022 when the Fed said, we’re going to start hiking interest rates. We have to do it. And that sent a signal to the market that multiples are going to compress wildly. And the NASDAQ went up. At its worst point, went from 14,000 down to 10,000. I would say that we’re in kind of a period of time where we have that kind of downside risk. The NASDAQ’s down about 12, 13, 14, somewhere in there right now. I don’t think this is a 2000 event where the NASDAQ went down 79%. Yes, boys and girls, 79%. I was there. I witnessed it. I don’t see that. I mean, stocks, companies are a lot stronger today than they were back then. Tech was just getting going. The dot-com boom was just starting. And we’ve had many booms since then. And we’ve also had a lot of developments over time that have made these companies more efficient and more profitable. And I do believe that when the NASDAQ turns around, Barry, doesn’t it just make logical sense? Why wouldn’t NVIDIA… and Palantir and CrowdStrike and Meta lead the market back at some point in time. I mean, those would be the first ones I’d go back into. And I’m keyed in on those four or five stocks because that’s going to indicate when it’s time to start nibbling away again. Wouldn’t you agree with that logic? Yeah.
SPEAKER 04 :
I would, and I think this AI arms race, right, you know, still continues regardless of, you know, kind of the economic conditions. And, you know, the companies that are, you know, buying a lot of those chips, right, if you’re looking at it from an NVIDIA perspective, right, are… you know, folks with some pretty deep pockets, right, when you’re looking at some of their biggest customers being Microsoft, Google, Amazon, and Meta as well.
SPEAKER 03 :
Yeah, Amazon I would include in that group, too.
SPEAKER 04 :
Yeah, and so in looking at that, right, I mean, that’s, to me, at some point, right, fundamentals will kick in again.
SPEAKER 03 :
Yeah, yeah, those are the powerhouse stocks out there. That’s the locomotive that has dragged this train along here for the last several years. And I think I see a scenario we will be buying them back a lot cheaper than where we sold them. I mean, we made some huge profits in Meta. We made some huge profits in Microsoft. We made some huge profits in Netflix. Oh, Netflix would be another one I would add. There’s about six probably. Palantir would be another one that will lead the market back. And the market will tell us. The charts will tell us when it’s time. For the sentiment right now is fear, but fear does not remain in the market forever because there’s another side of us, Barry. There’s another side of us, like the Phantom of the Opera, and that one comes out at night, and that’s greed.
SPEAKER 04 :
Dr. Jekyll and Mr. Hyde.
SPEAKER 03 :
Yes, there’s the greed side of us and the fear side of us. The fear side is a little stronger emotion than the greed side, but that greed side never goes away. And that greed will lead people back gushing into some of these stocks in the NASDAQ. And I hope, personally, that it’s at a lot cheaper price than where I sold them at.
SPEAKER 04 :
Well, and Netflix is a great litmus test, by the way.
SPEAKER 03 :
Yes, it is.
SPEAKER 04 :
Because you look at, I mean, because in other words, what has happened out there that’s affected Netflix, right, if you think of it? Nothing. I mean, right. Sentiment. I mean, they’re not really subject to the tariff. Right. None of their business has canceled our Netflix subscription. I haven’t. To me, that’s a perfect stock to look at where all this noise going on around it is obviously affecting it, and it has really not a lot to do with it.
SPEAKER 03 :
The sentiment is so thick you could cut it with a knife. Yesterday was the worst day in the market so far in 2025. That just like is injury to insult. I was so peaceful in my stomach and then my soul yesterday having just basically immune from yesterday’s sell-off. We would have been down a lot. yesterday at one point the nasdaq was down five percent but some of those tesla and uh and palantir and some of they just continue to get taken apart and i don’t think that the fear is gone from the market yet that’s for sure i think it’s going to be very very wobbly technicals are very very wobbly so we’ll just sit it out and we’re going to wait until the opportunity to come back in the dow was down 900 yesterday the nasdaq was down 728 All three indexes now trade below their 200-day moving averages, and that’s not a very good place to be trading. That’s a very windy, turbulent place in the market. It’s kind of nowhere land is what I would say. But at some point in time, you know, the falling knife is probably the right analogy technically right now. You’ve got to let it fall. You’ve got to let it hit that trampoline, just like the circus that I watched the other week. I think that was some kind of signal when the guy fell off and hit the trampoline. How far down did he go before he hit the bottom? Well, at least he didn’t hit the cement down below it, and he bounced and got right back up. And I do think the market will do that at some point in time. Meanwhile, we’ll be patient. Recession fears, that’s one thing. I think, number two, if there’s any doubt in your mind that the market can’t team up and get somebody they don’t like, look at Tesla. I mean, come on. Yes, the fundamentals have deteriorated quite a bit at Tesla, but they’re just slaughtering that stock. And if you say, well, why would the market pick on Elon Musk and his stock? They took down X yesterday several times, and it was servers in Ukraine. So he’s under attack.
SPEAKER 04 :
Oh, yeah, protesters.
SPEAKER 03 :
I think you had protesters inside a Tesla store. Breaking windows, scratching cars, lighting things on fire. At one place, they lit 10 chargers on fire. So, you know, look, there’s opposition in the world. There’s opposition in everything we do. And there’s opposition, whether you are on Trump’s side or whether you’re not on Trump’s side, there is a tremendous amount of opposition against Trump. Tremendous amount of opposition against Trump. And it’s not going to let up, and that’s another factor. You never know, really, what’s going to bring about the end of the current cycle we’re in. I would say that it’s pretty much the hatred towards Trump and the out-to-get-him attitude that the market has seemingly taken, the world has seemingly taken, and that’s something that I have to take into account as a money manager because that fear is And that opposition is great right now. Goldman Sachs cuts U.S. GDP view to 1.7% for 2025. Well, you know what? I mean, how much is that as the trade deficit? If we didn’t have such a massive trade deficit, I wonder where our GDP would be at. I mean, if we just had a moderate trade deficit overall, where would our GDP be at? But they were at 2.5%. No, they were at 2.4. They’ve lowered to 1.7, citing its outlook on the Trump administration’s trade policy. And that is another part of it. There’s no question about it. They see the average U.S. tariff rate rising by 10 pps this year, twice our previous forecast, and about five times the increase in the first Trump administration. He has definitely gotten a lot more… serious about trade this time than during his first presidential period of time. Okay, when we come back, I want to just take a very quick, I already sent out a bunch of alerts this morning, updates on where the charts are at right now. That’s important because it’s the charts that are going to tell us when it’s time to get back in. We’ll be right back.
SPEAKER 1 :
Thank you.
SPEAKER 03 :
And welcome back here to the second quarter of today’s Best Stocks Now show. Well, the first chart I look at every morning before the market opens is the Dow, just because it’s an indicator of the nation’s economy. They’ve tried to choose companies that best represent our economy. The chart of the Dow is… joined the ugly sweater club uh… it was holding on to its two hundred day moving average uh… the two hundred day moving average is the average of where the stock has been over the last two hundred days and every day it moves ahead one day and the average changes a little bit by one day, but that is considered long-term technical support. And when you break that 200-day moving average, that is considered to be a bearish development. And the Dow has now broken below its 200-day moving average. Yesterday it closed right on it. But it’s down 294 points right now, so obviously that is a breach. I’d have to go back and look at when the last breach is. I know it wasn’t within the last year. It’s been a long time. The Dow, which was at 45,000 at its high, is now at 41,600. So it’s lost about 3,400 points. Oh, that’d be about 7, 8% somewhere in there. And let’s keep in mind that the Dow has a lower P.E. ratio. The P.E. of the Dow is 22.2 on Friday. Where should it be? Yeah, more around 20. Okay, so it’s still too high. Its forward P.E. is 19.5. That should be more around 17. Its peg ratio is 2.4. I’d like to see it more around 2. The good news is as the technicals break down and the sweaters get uglier, Barry, is the valuations get more attractive. Okay, that’s how that works. That’s why they call it a market. And that’s why you have that fear-greed scale, which right now we’re tipped. The teeter-totter has tipped considerably towards fear. Okay, as I look at the S&P 500, that’s the second chart I look at. Ugly sweater there, too. It broke its 200-day moving average for the first time on Friday. It was Friday, that ugly day on Friday. And that just puts it in a precarious spot, okay? It puts it into nowhere land. The next level of support for the S&P is clear down at 5,400. And we’re at 5,600 right now. So that’s 200 points downside risk still. I think that’s very, very possible. Very possible. The risk-to-reward ratio is… from a sentiment side is not good right now ok so you’re bucking the trend you’re in a massive headwind right now of fear and on the S&P now we’ve gone from 6100 to 5600 from 6100 so it’s down 600 points, that’s about 9% now off of its high. The NASDAQ, however, and by the way, the P.E. ratio on the S&P is around 27. The forward P.E. is about 22 or the high 21s. It should be closer to $19,000. So it’s not exactly cheap yet. The NASDAQ, which has really been taken to the cleaners and is now going negative on the day, the NASDAQ was at $20,000. Now it’s at $17,500. That’s at 12% or so. And then if you look inside the NASDAQ at just the tech, it’s more in the 15 to 18. I’d say the high teens right now off of its all-time high. The NASDAQ is well below its 200-day moving average. I don’t see support until we get clear down to 16,700. you’ve got another seven hundred points of downside risk just from a technical point of view okay so again this is not a time that favors going in with guns blazing because you still have a massive headwind of fear and you know the other thing we get into Barry is this whole pattern of sell the rallies because think of the people that never did lighten up uh… quite a while ago and are still sitting in these stocks, any rally they’re going to sell into it and say, thank God I got out, you know, finally had a little opportunity to get out here. You have to exhaust all of that scared money before the market can finally start to stabilize. Now, go back to 2023. That’s what I saw in the market. After that massive round of rate hikes by the Fed, the market started to bottom in the fall of 2022. Right.
SPEAKER 04 :
Yesterday, from a technical standpoint, you had the market being the most oversold that I think it’s been since 2022.
SPEAKER 03 :
From a technical perspective, it hasn’t even begun the bottoming process yet. That could take several weeks. for it to finally bottom. Right now it’s in a free fall, really, to the downside, okay? So that’s what you’ve got to keep in mind here. The VIX is another one worth mentioning here. Look at the chart on VXX, which is about the only sure thing in the market right now is volatility. The VIX has risen above 25, okay? That’s very elevated volatility. That means it’s a very nervous market. Remember Mel Brooks’ movie? I don’t know if you were a Mel Brooks fan. I found him to be very, very humorous. He had one called High Anxiety, right?
SPEAKER 04 :
I never saw that one.
SPEAKER 03 :
Oh, that was a funny movie. where he ran a clinic for, he had one ward for people that were anxious. He had another section of the hospital for people that were very anxious. And then he had one for high anxiety, which we’re feeling right now, right? That’s when the left eye starts to twitch and, you know, you don’t know whether you should leave the room or whether you’re a harm to yourself and stuff like that. That’s what the VIX is showing right now. The NASDAQ has moved to the high anxiety ward. It will eventually settle down. It doesn’t remain in that high unless some external event happens here, which we never know. But the VIX is up another 4.7%. I have a friend that’s buying call options almost on a daily basis on the VIX, which you can buy. You can buy options on the VIX, and you can invest in the VIX. There’s an ETF, VXX. which tracks the volatility index, and that’s the chart I’m looking at here, VXX. It’s breaking out today. While the Dow and the NASDAQ and the S&P 500 are breaking down below their 200-day moving average, the VIX index is breaking above, and it’s breaking out, actually, to 52-week highs. And then, obviously, you’ve heard me talk many times, many, many, many times about DOG. DOG is breaking out today. Dow breaks down, Dow breaks out to the upside. It’s the exact mirror image of the Dow to the downside. You can invest in Dow. DXD will double your pleasure, double your fund. It’s really breaking out today. I own a little bit in my trading account, DXD. It’s two times short the Dow. And then there’s SDOW if you really got high anxiety. But this thing can also give you some high anxiety when it starts to turn around and go back down again. It’s breaking out today. And the same with the inverse funds on the NASDAQ, the Russell 2000, and the S&P 500. By now, you should know all those symbols on those inverse funds, which are probably the safest place to be right now. Cash is the safest, obviously. We’ll be right back. This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting edge stories that I can. To get two free weeks of my newsletter, go to GundersonCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show.
SPEAKER 06 :
Thank you.
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show where we get into a few of the big individual companies and how they’re trading today. When I first look at Tesla, it was up 5% in the pre-market after President Trump pledged to buy a brand new Tesla, supporting Elon Musk. calling him a truly great American on true social. Trump also praised Musk, who leads the Department of Government Efficiency, DOGE. So anyways, that’s not really helping. Tesla stock continues to get hammered. It is up just a skosh today on that news. And of course, the ETF that is two times short Tesla, TSDD, uh has been a big uh winner here lately so yeah the the i would say that musk is enemy and number two of those don’t who don’t stand uh you know on the side of trump trump is enemy number one musk is enemy number two i mean you hear elizabeth warren and uh And, you know, all of the leading Democrats pretty much hating, carrying signs, you know, around, even at the speech the other night to Congress. Boycott Tesla, drive out Musk, blah, blah, blah. That’s a stock that’s under heavy, heavy pressure. And, of course, yesterday I was sending out a tweet. When X went down, and it wasn’t down for very long, but Elon Musk said that they traced a massive, just a massive cyber attack. I don’t know who they use. CrowdStrike? Do they use Palantir to protect their systems? I don’t know who they use. But somehow they got back up and running pretty quickly. But they traced the attack from servers in Ukraine because they’ve got those numbers. What do you call those numbers that identify the computers? IP address. Yeah, their IP addresses were Ukraine. Okay, the airlines. Man, they’re getting plastered. Delta. Okay, you want to see an ugly sweater chart? Look at Delta, D-A-L, which I would never own that stock to begin with, but it’s down 7.6%. That’s a falling knife. That’s a total falling knife. After they slashed their Q1 guidance ahead of presentation at J.P. Morgan. I don’t know why. I mean, all of a sudden, all the airlines, I see America’s warning. JetBlue is warning, Southwest is warning. Do you think it was some of these mishaps in the air? Or is it that business travel is dropping off? I’m not quite sure. Vacation, this isn’t exactly vacation. I got to believe the weather’s had something to do with it. We’ve had some rough weather here. And then another stock getting taken to the cleaners here is Asana, A-S-A-N, which is a software company. Pretty well-known little computer software enterprise company out of San Francisco, the Bay Area. It’s down 28% this morning, 28% on Asana. And then one more that you’ve got to look at, and you’ve just got to wonder how much more this stock can take before it’s done. Kohl’s, which I’ve said all along, I mean, that almost was a sure short candidate. Kohl’s is down 20% today. It’s $9.63. It was $0.75. six years ago what what’s done more damage to it amazon or the economy i don’t know but think about these people that own big shopping strip centers kohl’s anchors a lot of those you know kohl’s is a one billion dollar company right now it’s almost a micro cap it’s not even a small cap anymore kss looks like it’s going to go the way of bed bath and beyond if you ask me i just don’t see any stop in that uh falling knife down 20 percent today would you step in as a value investor and say kohl’s is going to come back i have a hard time they need they need to talk to the reddit folks and see if they can uh pump that stock up like they did uh gangsta exactly it’s in the same it’s only chance only it’s a lot bigger i mean you could really take it down uh even more, run it up, I guess, by chasing the shorts out. Canada’s next prime minister, well, we know where he stands, Carney. Anti-Trump vows to win the trade war. China is looking for improved ties with Canada. They’d like to step in where there’s a vacuum. And they hiked, we buy some electricity from Canada. They threw a 25% surcharge on electricity that we’re buying from them in the U.S. The surcharge will affect 1.5 million homes and businesses in Michigan, Minnesota, and New York, costing up to $400,000 every day. The Ontario government, okay, now there’s Ontario, then there’s the rest of Canada. That’s the way I see it. You’ve got Western Canada and Alberta and all of that and the oil sands, and then you’ve got Ontario. They will use every tool at their disposal to protect the province from U.S. tariffs. And I see Trump this morning. I want to say he put a 50% tariff. Yes. Canadian steel and aluminum. Okay, so Carney can talk tough, but they kind of need the U.S., okay? But we’ll see.
SPEAKER 04 :
I think we import the most aluminum. One of our biggest imports is aluminum from Canada, if I’m not mistaken.
SPEAKER 03 :
Yes, well, a 50% tariff, which hits right in the heart of Canada on aluminum and a 50% tariff on… So we’ll see your 25% hike on electricity, and we’ll raise our tariff to 50% on your aluminum and on your copper tariff. At some point, somebody cries uncle and they sit down and smoke the peace pipe and work things out. Trump did meet with tech CEOs yesterday. Michael Dell says they had a productive discussion with Trump and Musk. I don’t know who all was there, but I know IBM, Qualcomm, Hewlett-Packard were there at the table. talking about AI and other things. I saw a stock jump in yesterday, NextEra, N-E-E, and it’s because they are saying that natural gas can only meet a small part of the surging U.S. power demand. So there’s two things we know for a fact. The power demand in the U.S. is surging, and in the world, really. And number two, we have not built any power supply in a long time to meet that demand. Something’s got to give. And I think this is a big, even though we don’t own any nuclear stocks anymore, I think you’re going to be able to buy them back very cheaply. Barry, if solar won’t do it, if wind won’t do it, and by the way, we had our biggest increase in solar and wind, and it doesn’t even put a dent into the need for the need that is going up. And if the next era energy CEO is saying natural gas can only meet a small part, what’s that leave? That leaves nuclear. And even he said that we’re going to have to, he said it’s all of the above. We need renewables, we need gas, and we need nuclear, Ketchum said. This is the CEO of NextEra Energy. It’s all going to come at different times, which I think that’s one of the problems with nuclear. It’s down the road. And when things go south in the market and fear grips the market, down the road is not a good thing. It’s not a bird in the hand. We saw that in 2021 when all of Kathy Wood’s stocks, long-duration stocks, and I think to some extent those nuclear stocks are long-duration. You don’t build a public power plant overnight. Now, having said that, Alphabet, Google, touts small nuclear reactors. Which I also believe. Now, I would think that you could get those up and running a lot quicker than you can get like a big three-mile island type power plant. So I still see, and I’ll be watching, those are some other charts I’m watching every day to get back into. Oklo, SMR, Nano. Nano got some kind of a contract here today. So we’ll be looking at that. Trump is also looking at military bases to refine rare earth minerals. He really wants to ramp up our production which you got to find it first uh mp mountain pass there in california nevada seems to be the hottest spot that stock’s been going up here recently but uh you know if the deal with ukraine doesn’t work out we’ve got to find a supplier for uh for rare earth minerals and then they’ve got to be refined and he’s looking at the military bases Small business optimism extends decline. Well, I’m a small businessman. I would say I’m a little less confident right now as I sit here today about the next couple of years as we go through quite a stress test here in America. And last but not least, more competition to NVIDIA. Meta starts testing self-developed AI training chip. Okay, when we come back, AMD, Intel, Coinbase, Robinhood, Viking Holdings, Nano Nuclear, and American Airlines. We’ll be right back.
SPEAKER 06 :
Engage on a winter’s day.
SPEAKER 07 :
You’ve got to go where you want to go. Do what you want to do and live whoever you are.
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Stocks Now. So I’m going to label today the first attempt, the first attempt at the leading tech stocks, the Palantirs, the Amazons, the Navidias of the world, at putting in a bottom. Okay, day one. That’s not a bottom, okay, but it’s an attempt. Now, how bad has it been in some segments of the market? Yeah, we talk about the Dow being down 8% from its high. Three weeks ago, Barry, three weeks ago, ARK Innovation ETF was at 48%. No, 68. I’m sorry. Now it’s at 47. That’s a 31% drop in three weeks. So that’s the far extreme end of the NASDAQ. There’s different gradations. She’s way out there at the far end. That’s where she lives. She either has a big year or a horrible year. And over time, she’s had more horrible years than big years. Her 10-year average or 5-year average is pathetic. I’m just giving you the facts. And if you have the stomach for a 31 with no cell discipline whatsoever, that’s Kathy Wood at ARC Funds. So at the extreme end of the NASDAQ. She can’t.
SPEAKER 04 :
I mean, she has to stay invested a lot of times. I guess. And the fact is, in those stocks, she makes a lot of the market.
SPEAKER 03 :
Change your charter. I mean, why tie your own hands? That’s not very smart, in my opinion. I’d rather be unconstrained and go where I’ve got to go when I have to go there. thirty-one percent is a gut punch man that is like wow horrible today’s day one of trying attempting to put in a bottom but it ain’t even close we’ll have to see if this is the beginning of a bottom I would also look at AMD it hasn’t even begun AMD has been kind of the poster child going from 174 to 96 I don’t know how long ago we sold AMD. It was one of our biggest winners in that 23 time span. We sold it a long time ago. I’d have to look it up. It’s probably way above 130, somewhere in there, I’m thinking. Now it’s 96%. And it’s still going down. It’s made several attempts at putting in a bottom only to fall further. And it still looks ugly. And it wouldn’t be one that I would expect to turn around and become a leader because it wasn’t a leader before. I think the previous leaders will be the leaders again. Intel, another one, hitting $19.48 today. That’s almost a 10-year low on Intel. That would not be a leader when the market turns around. Okay, I have to mention Coinbase, okay? Coinbase is the number one inverse ETF, single stock inverse ETF, CONI. It’s registering with India, not that that’s going to help, but Bitcoin’s been under some heavy pressure here recently. I’ve been watching Robinhood, which was a leader before the market went south. That would be one I would be looking at. It’s gotten way down to like 20 times forward earnings. It was a lot higher than that. Robinhood reports a 69% rise in securities lending revenue. Isn’t that a margin? Securities lending revenue, they’re taking in margin.
SPEAKER 04 :
Yeah, that’s telling you. That explains, you know, in terms of we talked about how much leverage was in the system, particularly in names like NVIDIA and Palantir, and that that makes sense, I guess.
SPEAKER 03 :
Yeah, it sure does make sense. Viking Holdings, VIK, 88% booked. Were you planning on going on one of those river cruises? They always look nice. I sit there and I look at those and I go, wouldn’t that be nice? Take a week away from the stock market and cruise one of these beautiful rivers. I’d have my computer looking at charts while I was there.
SPEAKER 04 :
They always show it on the financial channels. I see the background all the time.
SPEAKER 03 :
They’re 88% booked, so people got the money to go on a cruise, but that stock is down 9%. Another ugly sweater chart. Ugly, ugly, ugly. Nanonuclear confirmed as the reactor designer of Kronos MMR by the Nuclear Regulatory Commission. Nano’s a player, but again, that’s out there on the Cathie Wood end of the market. They don’t have any sales, they don’t have any earnings yet, but that would be one I’d be very interested in getting back into. We made a little money on Nano Nuclear NNE, which has a lot of patents, and I just think you can get these smaller nuclear reactors up and running a lot faster than you can the big dome reactors. Nano looks like it’s trying to put in a bottom at $25.73. It’s been cut in half. It’s down 50% over about the last seven or eight weeks. American Airlines warns that will not be one that you want to get back into. I was never in it to begin with, okay? WeRide is partnering with Renault in an autonomous driving service in Barcelona. Will that be a thing? Again, that’s out there on the edge of the long-duration stocks, but WeRide had a pretty good ride. That’s probably China’s number one autonomous vehicle. uh uh challenger uh or entrant into the race uh but i don’t see much of a chart there ev go and toyota motor collaborate on chargers that’s not going to be a leader ev uh and uh you know charge point and those they’re they’re they look terminal to me Okay, Oracle reported last night. This is probably our last story of the day. Ugly sweater chart. Down 6%. We have no exposure to Oracle whatsoever. But again, you know, we will be looking. There’s going to be a bottom at some point. And I would expect the previous leaders… It’s good to know what the previous leaders were because I see no reason why they won’t pick up a leadership again in the market. And as I’ve said, we’ll be looking at about six or seven stocks that will at some point in time lead the market back because the fundamentals have not deteriorated as badly as the market would suggest. Yes, the valuations were high, But right now you’ve got fear, the fear emotion dominating the market. That’s going to clear up. Greed’s going to come back. And we’ll have another opportunity here, but not yet. Okay, be patient. Get four weeks of the trial. Who knows, maybe it’ll be during the next four weeks while you’re on your trial that it’s time for things to turn around. And if nobody’s doing anything at your expense, Money management firm, give us a call at 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 01 :
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