Join Bill Gunderson as he navigates through a period of intense market volatility, triggered by President Trump’s proposed tariffs. This insightful episode unpacks the immediate repercussions seen in indices like the NASDAQ and S&P 500, the ramifications for global markets, and the sentiment shifts among consumers and investors alike. Whether you’re a regular investor or a market newbie, this discussion will broaden your understanding of how tariffs influence economic dynamics.
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 01 :
And welcome to the Monday. It is the end of the quarter, March 31st, 2025. And what a quarter it has been and what a difference one week makes. We’ll get into that. This is Bill Gunderson, president of Gunderson Capital Management. It is the Best Stocks Now show. If we can find any today. Right now the Dow is down 152. Not too bad. The Dow has recovered somewhat. It’s down 37 basis points right now. The NASDAQ has also recovered somewhat off of its lows. Quite a bit actually. But it’s still down 330. And we’re going to compare that with where we were last week with the NASDAQ. Last Monday. What a difference a week makes. The NASDAQ is down 1.87% right now. The Russell 2000 small cap is down 2.2%. The S&P 500. We’re going to end this quarter with the worst quarter since 2022. Since 2022, that’s the year the Fed was on their interest rate hike extravaganza. The S&P is down 9 tenths of 1% right now. Meanwhile, gold is a winner again. Gold is up 1% today. Let me see if that’s holding. Yeah, about 1%. 3,143. Interest rates are down. Flight to safety into the bond market continues. We’re at 4.21% there. And Bitcoin is down to $82,957, up a couple hundred dollars today. So welcome to the Fox Now Show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here not with Barry Kite today. Barry’s got a few days off here for spring break with his kids. And I’m here with Jeff Webster instead. Jeff, what a difference one week makes. Last Monday, one week ago today, we came to work. The Dow was up 598 points that day, one week ago. The NASDAQ was up 404. And my comments at the end of the day in the newsletter was, it was a huge day for the market as Trump tones down the tariff rhetoric. Greed, speculation, and momentum all showed up on Monday. Tech had a huge day. That was last Monday.
SPEAKER 06 :
What has changed? I don’t know. I feel like I’m on spring break without even leaving. I’m on a roller coaster.
SPEAKER 01 :
Yeah, we’re up at Carowinds. Up and down, up and down. Theme park up there, or Dollywood. They’re in Pigeon Sea. Well, I’ll tell you what’s changed. I can pinpoint it. I mean, when you do a newsletter every Saturday, you know exactly what happened, what changed from week to week. What changed last week was his 25% tariffs on all autos or parts thereof coming in from out of the United States. And that has rocked the markets. They’ve rocked his favorability ratings. I don’t care what anybody says, they have. And also, we’re going to find out tomorrow, there’s three big elections tomorrow. And I’m sure the GOP will be watching them very, very closely. There’s two in Florida. You’ve got Matt Goetz’s old seat and Mike Walls, who’s now the Secretary of Intelligence. His seat is up tomorrow. Both of those are very strong Republican strongholds, but from what I hear, they’re hotly contested. You have a big Supreme Court election up in Wisconsin where Elon Musk has poured millions of dollars into it. So we’re going to get an update tomorrow on where the GOP stands and where Trump stands. But, you know, most people have some kind of exposure to the stock market through 401ks, through IRAs, through Roths, whatever the case may be. And I’ve got to believe that the folks aren’t too happy right now with the tumult, the tumult all of a sudden that has come to the market. Now, let’s fast forward. We talked about last Monday. It was gleeful. There was greed. There was speculation. There was momentum. By Friday… The Dow was down 716 points on Friday. The NASDAQ was down a gut-wrenching 481 points. And the S&P 500 on Friday was down 112 points. In just the space of four days, we saw that big flip-flop in the market. Now, here’s my hope, and I don’t know if it’s misguided or not, and I also have reservations about my hope. Trump is surrounded by stock market people. You know, I know that the guy from Cantor Fitzgerald, for instance, his name escapes me right now, but I’ve seen him many, many times on TV. I mean, he’s a Wall Street guy. And he’s in Trump’s ear. Elon Musk is very familiar with the stock market and how it works. He’s in Trump. And you’ve got also Besant, who’s been a hedge fund manager for the last 35 years as his treasury secretary. He certainly understands how the stock market works. The problem is the rockiness in the stock market is trickling into consumer sentiment. And when it trickles into consumer sentiment, it can set off a chain of events, dominoes falling that lead to the consumer sewing their pockets shut and pushing us into a recession. Will Trump listen to his advisors and back down, tone down a little bit the tariff talk? Or, as he has said, tariff is his second favorite word. If not his favorite word, or is he going to go ahead with these tariffs? Now, here’s my issue with tariffs, okay? Let’s say that the tariffs go in place on April 2nd against any car not made in the U.S. Okay, you go out and buy a Toyota a month later. Who would do that? Or a Mercedes-Benz or a BMW? Number one, it’s hurting the auto dealerships. I’ve got to believe our guy Tommy Baker here is pretty upset. Here in Charleston, he runs a Stellantis store, a Mercedes-Benz store, along with his American car stores. But when that tariff is collected, that 25% tariff is added on to the price of the car, it’s the consumer that pays it. I think it’s a little disingenuous for people tomorrow to go on TV and say, we’re going to collect $6 trillion over the next 10 years. Well, who’s paying that $6 trillion? The consumer is paying that $6 trillion. It’s a tax. It’s a tax.
SPEAKER 06 :
Bill, I basically did some back-of-the-napkin calculations and kind of summarized who I think the winners from the tariffs will be and who the losers will be. at the appropriate time, happy to share my insights on that. But it’s kind of crazy and it’s got everyone concerned. People are frozen. They don’t know exactly what to do. But there’s definitely going to be some folks that come out of this as winners. I think we’ll see more people in more sectors as losers with the tariffs, but we can certainly talk about that.
SPEAKER 01 :
Well, okay. The upside is, all right, we’re going to crank up the American car factories, which takes time. I mean, to bring plants back from Mexico to the U.S. or for Toyota to build all their cars in the U.S., that’s not going to happen overnight. I mean, the upside, what he’s trying to achieve is to rebuild America’s manufacturing base and bring back jobs to America, but that’s not going to happen overnight. It seems to me like the pain in between then and now is, would be pretty severe so okay that’s one thing to keep in mind here so stocks down again tariff uncertainty sparks volatility and you know the problem is a lot of the consumer is sentiment oh my 401k is going up my ira is going up i’m going to go celebrate i’m going to buy a new car i’m going to do this blah blah blah but as they watch their net wealth falling Just the opposite happens. And, you know, Wednesday is Liberation Day, so-called Liberation Day, when he’s going to announce a whole other round. And it was just last Monday that he said he was going to tone things down, and that’s why we had the huge jump in the NASDAQ at the S&P 500. And now we are back to very tough tariff talk. He’s saying his reciprocal tariffs are going to target all countries. All countries. And I would just say, I’m just throwing all of this out here for everyone to know the different ways to look at this. There’s also a huge backlash against American Goods. And there’s a boycott of American goods in Europe taking place. And 19 cars were burnt at a dealership in Rome. Teslas. Over the weekend, as Trump presses his visors to go bigger on tariffs. We’ll be right back. Welcome back here to the second quarter of today’s Best Stocks Now show. Well, just four minutes ago, Trump was saying that reciprocal tariffs, six minutes ago now, Trump says reciprocal tariffs will start with all countries. He rejects a narrower launch. So either the market’s got to get used to it, which I don’t think it’s going to, or we’re going to break support. We’re eerily close, as I pointed out in the technical analysis of the major indexes. We’re going to break support and slip into a bear market. That’s not going to be good for his market. His ratings. In the meantime, Trump’s policies are fueling boycotts of American goods in Europe. Okay. But they’re going to feel it big time because we’re a big customer of their goods. So it sounds like we’re not exactly firing, dropping bombs on Europe. And they’re not dropping bombs on us. But 4 is taking place, right?
SPEAKER 06 :
Yeah, and I think Trump’s popularity is going to be the biggest loser. I mean, there’s a lot of supporters of his that are starting to become very frustrated with his tone. I mean, if you look at, you know, the U.S. consumer clearly is going to be the biggest loser. You know, industries that rely, and this includes companies that, you know, Toyota and Mercedes, We know that the BMWs are manufactured here in upstate South Carolina. Those companies rely on importers.
SPEAKER 01 :
Well, I mean, if you go to Home Depot or Lowe’s or Walmart, almost anything non-food is made in China. And there’s going to be a tax. I mean, call it a tax. You can call it a tariff, but it’s a tax that the consumer will pay. unless they choose a good made in America. Now, what’s the difference? If I go to Home Depot and buy a little power washer, to get rid of some of the pollen around my house that’s made in the USA. I bet there isn’t one, number one. And number two, if there was, I bet it would cost a lot more than the one made in China. So there’s a lot of things to take into consideration here. And I heard about Peter Navarro making the round. I’m not so sure I’m a fan of Peter Navarro. He’s out of Southern California. He taught, he was an economy professor. I think he was at San Diego State for a while, but I know he was at the University of UC Irvine. And, you know, he’s saying that Trump’s tariffs will raise $600 billion per year, amounting to $6 trillion over a 10-year period of time. But it’s collected from us. We’re the ones that pay that. Japan doesn’t pay it. China doesn’t pay it. But, I mean, their downside is nobody’s going to buy their goods because they don’t want to pay the tariff. And the biggest problem right now is there’s not an equivalent U.S. good in many cases to choose from. Obviously, you can choose a car that’s 100% made in America, if there is such a thing. I think Tesla might fill the bill there in some cases, but I’m not so sure about a Ford Mustang or a Chevy Silverado and things like that. A lot of that’s made in Canada. So you’ve either got to buy from a very limited number of goods that are made 100% in America or not buy at all or pay the 25% tariff. Well, the European markets, which have been on a tear recently, Leading the U.S. markets, that’s over. I noticed that the stocks, 600 Index, which has been leading the market. We’ve been talking about all these stocks ending in Y. Siemens, Engines, and all these different European stocks. The Rhine Metal, those stocks, that run in those stocks is over right now. because of the impact that the tariffs will have on them, which now you’re talking about the potential for a global recession taking place.
SPEAKER 06 :
Exactly. Same thing with the European banks, you know. Earlier in the month, I think some people were looking to some of those European banks as banks things that protect themselves a little bit, but they’re all down right now. I mean, right now the only thing I’m seeing on my dashboard that looks up is some of the insurance companies right now, Bill, are up a bit.
SPEAKER 01 :
And gold. That’s about it. And the bond market. The bond market is actually doing pretty good this year because rates have come down 60, 70 basis points since the beginning of the year. Now, the other safe haven has been China because they had the deep seek moment and their stocks were starting to come back. Now they’re entering into correction territory amid profit-taking. So now China is going away, even though their factory activity is expanding very fast. Their service sector growth, it’s a three-month high. But the big run in China looks to be over, and hedge funds are now dumping global tech stocks at the fastest pace in six months. You know, as I look at these charts, I know that things cannot be that bad at Palantir all of a sudden, and things cannot be that bad at ServiceNow all of a sudden, but these charts are ugly. And obviously, I mean, we have a line in the sand, and we’ve backed out again out of most of them and have raised quite a bit of cash and might have further selling to go. I mean, even Amazon’s breaking down. Microsoft is breaking down. These are considered blue chip companies, you know, almost Teflon coated, but not in this environment that we’re in right now. And that’s where technical analysis comes in. As you know, Jeff, I download every day. I did it while we were there in Sarasota. You watched me in the little conference room before we started meeting with people. I begin, number one, with all the stocks that I own at the firm, which are usually a little over 100, somewhere in there. And then I download all the B-plus ranked stocks and then all the A-plus momentum stocks and then my bellwether stocks that I like to keep an eye on. And at the end of the day, I end up with about 600, 700 stocks, charts, charts to look at. And that’s really the most telling thing for me is looking at those charts because that’s a graphic representation in real time right now of the health of a stock. You go back several weeks and most of my patients look just fine, good color, good muscle tone, no temperature, blood pressure normal, blah, blah, blah. But as I look at these stocks now, which last week I was forced to sell a bunch of them because of the sell discipline that I have, they don’t look very good. I mean, it’s pretty hard to find a healthy stock. And as you said, where you’re going to find healthy stocks? Travelers. Progressive Group, people that sell annuities, Gallagher, other insurance stocks, and pretty much especially tech. Oh my gosh, tech looks awful. So when we come back, I want to talk a little bit about Is It Time? to start hedging with inverse funds. Is it too late? This happened in three days. This is a very quick move to the downside after a very promising Monday one week ago. 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. And welcome back here to the second half of today’s Best Stocks Now show with professional money manager Bill Gunderson. Well, technical levels are becoming very important right now in the markets, in the indexes. a break below the 200-day moving average, which the S&P 500 toyed with, and is sitting right about there right now. A break below that could set off a cascade of selling with a lot of the people that watch the technical indicators on the market. A couple other things, though, last week. It’s not all tariffs. Number two. On Wednesday, and I highlighted this in my newsletter, Microsoft greatly reduced the ambitions that they have for data center build-outs, okay? So they say there’s a glut, there’s an oversupply, and that sent the nuclear stocks reeling. That sent NVIDIA, that sent Arista Networks, all these stocks we used to own. We still do own NVIDIA, but not the nuclear anymore. It sent GE Vernova south. So that was a big, big hit to the tech sector. Now, on Thursday, and I don’t know who’s telling the truth there. Maybe it was Friday. I think it was Friday late in the day. Hewlett Packard Enterprises. And if I’m not mistaken, Jeff, that’s when Hewlett Packard broke into two companies. One was the hardware, the printers and the ink, and the other one was Hewlett Packard Enterprises, which were the service, the service. Maybe you knew some people that worked there. But they’re saying that the data center demand is still robust. And I also saw that SoftBank, they have major plans for investing there. $100, $200, $500 billion in data centers in the U.S. So where do you think, I mean, you have any feel at all from boots on the ground out there, are data center currently overbuilt? Have we priced too much? Have we run those stocks up too high? That’s what the market is saying right now, and that’s why we’re seeing this big sell-off in anything data center related, Jeff. And on top of that, I’m going to give you one more piece of evidence. On Friday, CoreWeave, which is a highly anticipated IPO, an AI IPO, artificial intelligence, came public and it was met with a thud. So I got to say, and it led me to say pretty much in the newsletter over the weekend, I just think that investing in the AI and the data center space is over for now. until supply and demand get back in step. And I don’t think we have any exposure there anymore other than NVIDIA in that data center space. Are you noticing the same thing, Jeff? Now, well, I have to say Palantir. What’s up with Palantir right now? Is it just a sell-off because of the market, or do you think Palantir sales are collapsing all of a sudden? Maybe we lost Jeff. I don’t hear Jeff anymore. Yeah, okay, we lost him somehow. Well, those are tough questions. I’m just looking at it from a technical analysis perspective and saying, wow. You know, look, there’s an inverse fund. Oh, I want to talk about inverses. There’s an inverse fund that is inverse the data centers. And the AI, it’s inverse AI, AIBD. And that thing is just flying right now. So obviously the market feels like the data center thing is overdone, the AI thing is overdone, and they’re backing out quickly. Now there’s probably an overreaction to all of this, and these stocks could become good boys sometime soon. But in the meantime, that’s a horrible place to be positioned. If you’re not in insurance stocks and gold stocks right now, everything else looks pretty bad. And the data center related stocks look especially bad. Okay, inverse funds. Here’s the issue right now with inverse funds. Look how fast things can change. On Monday, a week ago today, the NASDAQ was up almost 500 points as Trump backed down on his tariff rhetoric and his tariff plans. And then he stepped it back up on Wednesday and the market sold off. You go in there today and you buy inverse NASDAQ, inverse S&P, whatever the case may be, inverse Dow, inverse small caps, which are also getting creamed right now. And tomorrow he says, you know what, I’m going to put all of this auto industry tariffs on hold for a couple of months, which he’s done before. Or this liberation day is very mild instead of being very, very harsh. And then you’ve got a problem being in inverse funds. I think right now I feel comfortable holding a very large cash position. I’m not like Kathy Wood, who thinks Tesla’s going to $2,600 soon and staying fully invested. I think that having a big cash position, the market just does not like this environment, and so I let the technical analysis of the stocks that I own or I’m looking at help me make those decisions. Let’s just look at the first quarter of this year. Salesforce down 19.3%. NVIDIA down 18.3%. I hear Jeff again. Nike down 16.4%.
SPEAKER 1 :
Apple down 13%.
SPEAKER 01 :
I do notice that Apple’s up a little bit. Even Teflon-coated Amazon is down 12.2%. That’s the kind of damage that has been done. And let’s not forget that we probably hit a high in the market late January of this year when these stocks were way up. Jeff, I mean, so they’re down year to date, yes, but they’re down even more if you’re measuring from the top of Amazon, from the top of Salesforce, from the top of Palantir. The damage is more in the 20% to 25% to 30% range. It’s been pretty good. And who are the big winners so far this year? The soggy stocks, believe it or not. Amgen. I mean, even soggy stocks. have their day in the sun once every 10 years, once every blood moon, I guess. Amgen’s up 17.8% this year. Chevron’s up 14.7%. Get this, Johnson & Johnson is up 13.2%. Coca-Cola’s up 13%. Is that because the fortunes at those stocks have changed and all of a sudden they’re growth companies? No. Money has been leaving the higher, the big winners, the growth stocks, and trying to find a home and a parking place in these stocks. Now I would ask you, is this a safe haven right now? Absolutely not. They’re vulnerable, just like all of that money that went into Europe. is now coming out of Europe. All of that money went into China is now coming out of China. All the money going into these so-called consumer staple stocks, they’ll start coming out of those because now you’ve got a bubble in those stocks. So anyways, that’s how it all works. Fire engulfs Tesla dealership in Rome, destroying 17 cars. Elon Musk remains optimistic about Tesla’s long-term prospects, even as Doge Roll weighs on stock. Now, I watched the Doge guys. I love what they’re doing. I couldn’t believe. I can’t tell you how many jaw-dropping moments there were on the waste and the fraud and the abuse and the graft and whatever else. But obviously, I mean, Musk has taken it on the chin. Musk said last week that he plans to step down from his cost-cutting role in the Trump administration at the end of May. But, Jeff, I don’t think that’ll help. I think that Musk is going to be forever painted, you know, as a guy that went in and was associated with Donald Trump in this cleanup effort of government. And I think Tesla’s got big problems myself. But, Kathy, what’s…
SPEAKER 06 :
It’ll be interesting to see if it is, in fact. I mean, I still think that the Doge effort is a good one. Again, I think that the big culprit here, the big villain, is the big teamwork with the tariffs.
SPEAKER 01 :
Yeah, I do too. But, you know, I mean, it has put a lot of people. I mean, we’re going to see some government spends a lot of money in the economy. Government’s going to spend a lot less money in the economy. That’s a good thing. But at the same time, I mean, you’re going to see a hit to the economy and you’re going to see a hit to the jobs market. which I know is a painful thing and it has to happen, but it’s going to be a hit to our economy. We’ll be right back. On that good news, we’ll have some good news when we come back. Okay, I promise. There’s something good out there right now. Stocks are getting cheaper. All right, we’ll be right back.
SPEAKER 05 :
You’ve got to go where you want to go and do what you want to do and live whoever you do.
SPEAKER 01 :
And welcome back here to the final segment of today’s Best Docs Now show. Well, the good news is, Jeff, the Padres are four wins and no losses. I can’t remember the last time that happened. When was the last blood moon we had? But the bad news is the Dodgers are five wins and no losses. I know. Rub it in. I texted Jeff. I said, hey, the Padres are 4-0 so far. And guess what he texts back? Yeah, my Dodgers are 5-0. Okay, well, we’re only a half game out. Isn’t that right? We were on national TV last night versus the Atlanta Braves. Okay, now, let’s get into some good news. The market is starting to stabilize here. The value, the relative value fund is started. The buying will begin tomorrow. I have an account that is in the value fund. So I’m the guinea pig. I am the template. I am the model that will be followed exactly to a T in the newsletter and in the daily trading announcements. And I’ve already seen two that look outstanding to me right now in that relative value category. Let’s look inside the S&P 500. And as you said, there’s certain stocks that are doing quite well today. AIG, this is Hank Greenberg’s old company, is hitting a new all-time high today. If you look at a chart of AIG, which offers group and individual life insurance. And why are they doing so well? Number one, they’re defensive. Number two, they’re very profitable. I mean, Warren Buffett’s Berkshire Hathaway was originally an insurance company, and he owns a lot of insurance stocks. in his portfolio. And number three, they do well when the bond market does well because most insurance companies have a big stockpile of bonds that they hold in reserve. for their uh… for their uh… insurees that they have money premiums paying premiums to them so AIG is hitting a new high right now it’s up three point one percent uh… the oil stocks are starting to look a little bit better I think there’s going to be some supply taken off the market number one Iran Massive sanctions are coming down on Iran and their oil. If you remember, the first time around, Trump had Iran on the ropes, really, from a money point of view, and they’ve been selling oil on the black market, and they were getting money from the U.S., and look at all the havoc that they’ve done. They’re still firing missiles through Yemen at Israel, number one. Number two, Venezuela. is being shut down. I saw that Trump has ordered Repsol, which is a Spanish company that had some contracts with Venezuela, through us, no longer. Chevron, he’s ordered them to get out. So any Venezuela oil, which I’m not sure how much is in the world markets, is coming off the market. Number three, Russia. Putin has backed down a little bit. He’s demanding a change of leadership in Ukraine, which Trump says, hey, that’s not going to work in the middle of negotiations. We’re not going to change and demand that Zelensky leaves office. and puts out an election, that just can’t happen until the negotiations are done. So he’s ready to slap big tariffs on Russian oil or anybody who buys Russia oil. China would be part of that conglomerate and other countries around the world. That’s helping the oil stocks, and I see some pretty good action in them today. with the Conoco up 2.6%. Let’s look at other S&P 500 stocks that are up today.
SPEAKER 06 :
IBM is up. Good old IBM, one of the blue chips of years past. It is one of the few tech companies that’s actually in the green today.
SPEAKER 01 :
Ford’s up 2.1%. Pepsi’s up 2%. EOG oil stock up 2.2%. Devon Energy up 2.2%. Domino’s Pizza up 2.2%. IBM 2.0%. Coca-Cola 2.0%. Where’s Palantir? Where’s NVIDIA? Where is, you know, Consolation Energy and all those? No, the action has moved away from those stocks for now. It’s a different group of leaders in the market. There’s actually quite a few winners in the S&P. And, in fact, if I look across at the S&P 500 right now, which just came down to its 200-day moving average, is now rallying off that stock. Its support level is 5,500. It came down, it briefly undercut 5,500, the S&P, and now it’s at 5,535. So you see how those technical levels are so critical? You know, there’s a lot of, what do you call these algorithms, trading algorithms that are built on these levels. They’ll write in an equation, hey, if it comes down to this level, we want to be buyers in this pool of stocks. Coca-Cola, you know, Devon Energy, Philip Morris, Dollar General, Bristol Myers, etc. And all those stocks are up today. Okay, now as we go to the Dow Jones Industrial Average, there’s a lot of winners in the Dow today. Let’s see if the Dow has come back above even. That’s why I say… It’s pretty dangerous buying into inverse funds right here. The Dow is above. It’s holding on to its technical levels. It looks a lot better than the other two. Well, there’s more defensive stocks in the Dow. So all is not lost. The NASDAQ, on the other hand, has broken. That $17,238 level, it’s moving back towards that level. I predicted that it was going to break that level on Friday in my newsletter. After it looked like a bottom had been put in, that bottom has now been violated. The tariff talk on Wednesday did it, and now the NASDAQ is rallying to some extent. It’s off of its lows. Now you’re looking at 16,668, which is about 300 points below where we are today. That would be a very strong support level for the NASDAQ, and that’s another reason why you’ve got to step lightly with putting any hedges in place right now. Speaking of hedges, I’ve got to hedge my time here. We’re up against the deadline. We’ve had a lot to talk about today. I’ll be sending out a lot of messages throughout the day. The market is trying to rally here, is trying to get used to the tariffs. I don’t know that it will. Wednesday’s Liberation Day. Liberation from what? We’ll see. Yeah. In the meantime, if you’d like to talk to us, GundersenCapital.com. Get the four-week trial, GundersenCapital.com. An appointment with us, 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIPC and FINRA.
