In today’s episode of the Best Stocks Now show, hosted by professional money manager Bill Gunderson, we dive into the complex relationship between global events and stock market performance. With a nervous start to the market, we dissect the impact of a Boeing crash and escalating tensions in the Middle East, driving significant movements in oil prices and gold. We explore how these situations influence individual stocks and the broader market, offering listeners an in-depth look at macroeconomic factors.
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 Thursday, the Thursday, June 12th, 2025 edition of the Best Docs Now show. A bit of a nervous open for the markets here today as some macro issues raise their ugly heads here today. The Dow is down 140 points today to 42,726. A lot of that is Boeing. Boeing, a crash in India, and Boeing stock down. Boeing is a member of the Dow. The NASDAQ is down 41 right now to 19,574. The S&P is down just five points. That’s nine basis points. Big drop in interest rates today. I think there’s a little bit of a flight to safety here as the war drums are beating in the Middle East. We’re going to get into that here in a bit. That’s a scary situation. And how do I know it’s scary? Look at oil bolting higher here. You should see the chart on oil today. Oil is hitting 67. We were down to 59 not that long ago, so we’ve got a pretty big hike in oil prices and gold, okay? Trouble in the world, and you’re going to see a big jump. Gold is up 2.02% right now as there’s some trouble out there in the Middle East. So welcome to the Best Stocks Now show. with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kite, our chartered financial analyst. And you know, Barry, I mean, look, being involved in the market, it’s a lot more fun to be involved in the micro, the stocks, the individual stocks, but they’re so greatly affected by the macro and what is happening in the world that We kind of have to be a jack-of-all-trades. We’ve got to watch world news. We’ve got to watch world banks. We’ve got to watch rare earth supplies. New things are entering into the equation all the time. New drug discoveries.
SPEAKER 04 :
Certain things get more weighting at certain points in time, too, right? In terms of news or outcome.
SPEAKER 03 :
I’ll just say this. As I looked through and started preparing the show, the chart that jumped off the page at me this morning… was the chart of oil. And, of course, I record the price of oil every day in my little recap of the markets. And I said, wow, look at that breakout in oil yesterday. Look at the chart of USO. Okay. That jump was not from a sudden increase in demand.
SPEAKER 04 :
That’s what I was about to say. It’s not like we increased world growth forecasts.
SPEAKER 03 :
No. Gee, our oil supplies in Oklahoma are all of a sudden dropping faster than we thought. No, that’s an indication of trouble. And that’s why, look, you’re taking a class on charts. You’re getting certified and looking at stock charts. I have always said that the first place that trouble shows up in anything, whether it’s a commodity, an individual stock, the Middle East conflict, whatever, it shows up in the charts. That’s where it shows up first. And you can look. I sent that chart out this morning on USO. And then, of course, as the day developed and I looked into more and more news, well, yeah, we evacuated our embassy in Iraq yesterday. Iran is doubling down against the International Atomic Agency, saying we’re going to step up our enrichment of uranium. And I’m thinking, you know, they must know something like somebody’s standing behind them coming to their aid to make such a bold move as they did here this morning. You know, as Israel says, we’re ready. We’re ready to go in there and attack Iran. But in my opinion, now we’ll see if time over time, whether I’m right or not, I think Russia stands behind Iran. Russia is – Iran is building drones, the drones that are peppering Ukraine for Russia. So they’re in league with one another. So all of this comes into play this morning in addition to the crash in India.
SPEAKER 04 :
of a boeing uh that’s bad news for boeing now we don’t know if it was because of something boeing did if it was pilot error or what on the video and i saw a video and i mean it almost just looks like it’s just you know kind of losing altitude it doesn’t you know it’s not uh well basically had just taken off and almost like it had no lift and it didn’t really look like it was in a panic state.
SPEAKER 03 :
That goes back to that software issue that they had where all of a sudden planes would just start losing altitude. Hopefully it’s not that because they would ground all of those Boeings once again if it was that same issue that caused the other crashes. It was the 787 Dreamliner is what it was. in terms of that particular plane. Well, let’s hope it wasn’t a software and a Boeing problem. Boeing’s down just 4.3% today. But Boeing’s a member of the Dow. And so it’s dragging the Dow down today. We had kind of a flat day yesterday. We had a decent day. And then, of course, you know, towards the end of the day, middle of the trading day, the news came out that pretty much the China and U.S. are going to – We’ve kind of set things in place where they stand right now. And, you know, more details are starting to leak out. But it’s definitely, as I read last night, it’s definitely 30% tariffs on everything coming out of China. And in some cases it’s 55% because there was an additional 25%. depending on what the item is. And I heard Lutnick say that it’s not going to change. That’s where it is. So the upside is the U.S. will be collecting all of that tariff money. It will be going to the Treasury. They’re collecting about, what, $30 billion a month right now on tariffs. Now, the payment of the tariffs, it’s all going to the government treasury. The payments is being borne by the manufacturer, by the seller, and, of course, by the buyer. It’s not like the buyer is paying all 30% of that. In fact… We saw some studies where at the end of the day, the buyer actually assumes the least amount of the tariff. But we’ll see how it plays out. This is an extraordinary tariff. on Chinese goods. And in return, China is granting six-month licenses to their rare earth companies to sell to the U.S. And we’ve loosened up. I saw that one of our chip companies, Synopsys, which had closed all operations in China, they’re cranking their factory back up again. So obviously there were some concessions made there. And Jensen Wang says it really doesn’t matter anyways because with Huawei, they’ve pretty much got China covered. Even though they’re a generation behind our chips with NVIDIA, that’s probably good enough to do what they’re using them for. And, of course, Huawei continues to gain ground. Those were the two sticking points. They seem to have come to an agreement, and now we worry about all of the other deals out there, right? I heard an interview. Trump was entering in the Kennedy Center last night with Melania, and they sure looked good. handsome, both of them, you know, very classy, the tuxedo, and she’s in a black gown and all this and that. But the guy will answer questions, Barry. They’re throwing questions at him. He’ll talk about any subject, and they’re talking, are we going to attack Iran? No, this is while he’s entering the country. On the way to the play, right? And he absolutely says we’re not going to allow Iran to have a nuclear weapon. And I just happened to, you know, I have breaking news on my phone all the time. And I saw this coming out of I-24 in Israel. Iran ups enrichment after the IAEA resolution as Israel is fully ready to attack in Iran. So it sounds to me like Iran is being totally defiant. Like, you know, go ahead and attack, see what happens. That just seems to be what’s happening here. The PPI comes out, that kind of gets lost in all of the news. It was very much benign.
SPEAKER 04 :
And I don’t know if you noticed, did you see the big… Yeah, core prices actually rose less than expected for May, so… And, of course, it’s funny. I read the report. Reading it sounds a lot better than some of the different headlines that I saw on producer prices tick up, depending on how the news angle of the headline.
SPEAKER 03 :
It was totally benign, right? inflation is gone it totally makes jerome powell look that much more silly really but now you’ve got oil rising that could be temporary hopefully and you’ve got these tariffs now set in place those are kind of inflationary things and i think that will cause the fed to to keep the pause in place on any kind of rate that we’ll be right back And welcome back here to the second quarter of today’s Best Stocks Now show. Well, the Boeing, it was a Dreamliner, which they’ve never had problems. I mean, they have not gone down. That’s the first recorded crash of a Boeing 787 Dreamliner since the aircraft began operating. Commercial service.
SPEAKER 04 :
That’s the one that had the battery issue, I think, in, like, I don’t know, early, I think it was 2013-ish or so. But, yeah, thankfully no crashes. But, yeah, they had a couple of those battery fires.
SPEAKER 03 :
242 people on board that plane. So, well, I guess news will come out. And some of their suppliers, GE Aerospace, Spirit Aerosystems, Also down on that news from Boeing, oil tanker stocks on watch due to Mideast warnings, signs of a potential attack on Iran. Now, what does that have to do with the stock market? It has everything to do with the stock market. It’s all intertwined, okay? When you see oil jump up, you know, and you see gold jump, and you see this giant flight to safety, to the bond market. You’ve got treasuries down. If you’re looking to lock a loan, this is probably a good time. We’re down under 4.4 for the first time in a long time. We’re at 4.37. And I think in the trade world, Europe’s down today. I think that’s the next probably one in sight is to try to get some kind of final deal with Europe on the tariff situation. And then, of course, I mean, there’s a lot of other ones. And I think I heard Trump say basically that we’re going to send out a letter. Here’s where we’re at and kind of take it or leave it. He says hopefully we’re not at that point, that they still want to make a deal. But if they don’t, well, we’re going to make the deal for them. So anyways, that’s got the markets very nervous today. Three things, the Boeing plane going down, Middle East tension. I mean, it is really rising sky high right now. And, of course, this issue with the trade deals that are still out there. Crude oil soars. That just caught my eye this morning. Because, look, how long have we looked at oils? Yeah, you know, it’s not going anywhere. And I even saw yesterday, I saw like, oh, the one that caught my eye was Shell. which is a Dutch company these days. S-H-E-L is the symbol. That thing broke out yesterday. And those stocks have been dead in the water for a long, long time. And that’s always a wake-up call to say, look, something is brewing underneath the surface here when these oil stocks start jumping. It’s not like they made a big oil discovery. You know, off the Gulf of Tonkin or something like that, or they all of a sudden demand for oil is going through the roof. No, oil reacts to conflict in the Middle East. It’s as simple as that. And I know the U.S. was evacuating their embassy in Iraq. which usually gets caught up in all of this. Syria usually gets caught up in all of this. Libya, I mean, it can just come from almost all areas of the world around there in that Middle East. And it could even bring in Russia, who is in league with Iran these days. And I see articles coming out, what would be the impact, the economic impact of bombing Iran’s nuclear facilities Well, we don’t know. It just depends, right? That’s pretty hard to gauge as an analyst, as a macro analyst, as a stock analyst. You know, Israel has attacked Iran before directly, but to take out their whole nuclear facility where they’re developing all of this stuff, you know, that brings a new wrinkle to it all. We also have, like you say, the core producer, the PPI, comes in at 0.1%. And I would say were it not for the tariffs that we’d probably have some rate cuts lined up on the horizon. But I think that’s kind of what’s holding him back, Powell, right? Yeah, and at worst, it’s an excuse, right?
SPEAKER 04 :
Yeah, for being wrong. I mean, or, you know, just an excuse just for, you know, not taking any action. But, I mean, these things, you know, how it’s going to flow through, I mean, you had some of the, if you look back at some of the tariffs and In the first Trump administration, a lot of that price increases actually didn’t flow through.
SPEAKER 03 :
No, no. The market did extremely well during the first administration.
SPEAKER 04 :
And it doesn’t mean that it won’t show through in some form or fashion. Now, to me, I think you would see it on. your very small purchase, tight margin goods, right? I mean, literally your dollar trees and your things that are some of those fast fashion items that would get mailed to you for $12, right? I mean, that margin. There’s not a lot of margin there, and tariffs can make a big difference in that particular item, certainly.
SPEAKER 03 :
I’m going to take a look. There’s a big department store in the U.S., Menards. You’ve heard of Menards. I think they’re number three, right? Yeah, they’re getting bigger. Yeah, they’re a pretty fast-growing company, and they have a model train section. It’s crap. It’s total crap. garbage from China, but it’s cheap. But I know about where they were pricing those things before, because I looked into some of them. I’m going to see if they’re putting in that 30% tariff yet. Now, it would be kind of dishonest to start charging the tariff on stuff they already bought and is in inventory, right?
SPEAKER 04 :
How do you differentiate?
SPEAKER 03 :
I don’t know. There’s a lot of gray area here, but definitely as they bring in new stock, from China, that tariff is going to be there. So I’m going to just take a little gander on their website and look at their pricing, see if any of that’s reflecting this 30% tariff. And you could say the same thing for Home Depot and Lowe’s. I imagine a lot of these pressure washers and tools and whatnot, you can just look on the box if it’s made in China, which that’s a lot. Almost everything you get from those stores, it seems like, you know, from the mechanical, electrical point of view, tool point of view is made in China. China to place a six-month limit on rare earth export licenses. Okay, so they’re going to revisit it in six months. And I also saw that China sent a militia into Myanmar. which I guess is the former, I think it was Burma at one time or Cambodia. They’re securing the mines in Myanmar. These belong to us. And they sent the troops in. It just shows you how important this whole rare earth thing is. I mean, wind turbines, medical equipment, electrical vehicles, semiconductors, very important stuff. And then you’ve got, of course, our friend Jensen Wang over there in Europe. Where is he at now?
SPEAKER 04 :
He’s in Paris yesterday.
SPEAKER 03 :
Yeah. He says that China is covered. Huawei has China covered if the U.S. stays out. So… You know, he would love to have access to that Chinese market, but that doesn’t sound like it’s going to happen from what I can tell here because of Huawei being not that far behind Nvidia at the current time.
SPEAKER 05 :
We’ll be right back.
SPEAKER 03 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. Now, back to the second half of the show.
SPEAKER 06 :
Because there’s something in the air
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show. There is something in the air. There’s a lot in the air. There usually is. Life is never dull, it seems like. There’s always plenty happening. The markets have actually moved into the green here. Yeah, even the Dow. So, you know, a lot of times the market shrugs off. You know, until something happens, it’s kind of used to conflict in the Middle East because there’s been plenty of it. I mean, look at Yemen and firing all those missiles at the ships trying to get through the canal there, and now you’ve got a renewed threat there. Could this be a big one, bigger than the others? I don’t know, but the market seems to be dealing with it right now. Let me just take a look at oil prices here real quickly. They’ve kind of stabilized, but they had a huge dump yesterday. Oil right now is at, and this is the highest it’s been in a while, $67.49. It’s down 1%. today uh okay now on the micro front we go from macro to micro we start drilling down uh as the show progresses into individual stocks which i love to do i love it all really i mean i like watching the news on the world and everything else that goes on it’s interesting it keeps things very interesting byd is a major major player in the EV industry, obviously. They are bringing an affordable compact EV to the UK. which obviously intensifies the competition there. They call it the Dolphin Surf. The pricing is expected to start at 18,650 pounds. The Dolphin Surf? That’s the name of it, the Dolphin Surf, which doesn’t sound Chinese at all. But that’s where their other one is the popular Seagull, Seagull Hatchback. So they seem to have kind of an ocean theme. Yeah, Brian Wilson, that was a big loss yesterday. Brian Wilson, the founder of the Beach Boys, a genius. A crazy guy. I think he was one of those manic depressants. But when I hear the words dolphin surf and seagull, I think of those Beach Boys and Hangin’ Ten.
SPEAKER 04 :
But anyway… He was the oldest brother and lived the longest.
SPEAKER 03 :
Yeah, and you know, he had some drug issues and what. I lived to 82, but that’s a big loss. It really is. I still listen to a lot of his Pet Sounds songs. But this BYD, we own BYD. Just had the three-for-one split.
SPEAKER 04 :
We got a lot of questions on that one.
SPEAKER 03 :
That’s a weird deal because here’s what they did.
SPEAKER 04 :
It takes a little while for Schwab to shake out for a couple of days.
SPEAKER 03 :
Yeah, it’s not Schwab. It’s the company. I got the lowdown on that. you get two shares for every one that you own. You’re getting a share dividend. So all of a sudden you woke up on Tuesday and you were missing two-thirds of your value in your BYDDF holding. But you’re going to get your shares on June 29th. I’ve never seen a split like that where it takes 17 days to deliver those two shares.
SPEAKER 04 :
I was thinking that it was going to take a couple of days to show up, but that’s an odd one.
SPEAKER 03 :
I’ve never seen that in my 30 years. you’re still getting the appreciation, the stock. You’re really not missing out on anything. But as you look at your portfolio, your portfolio is not showing the value of those shares until you actually receive them. You’re just seeing one-third of the shares that you – well, you’re seeing the same amount of shares that you used to own. but at one-third of the price. And you’re going, I’m down 67% on this stock. No, you’re going to get those shares in a couple of weeks. But, you know, that’s a major thorn in the side, BYDDF to Tesla, no question about it. And BYDDF is down 3% today, but it’s been hitting new highs. It’s a $48 billion company.
SPEAKER 04 :
I remember when we wrote an article on it a few years ago now. If you go to their website and look at some of their vehicles, the vehicles look pretty good.
SPEAKER 03 :
They’re beautiful.
SPEAKER 04 :
They are.
SPEAKER 03 :
They’re not going to hit American shores, not as long as Trump is president. I can guarantee you that. And we still haven’t seen any, you know, what’s going to become of the automobile industry. There’s still a lot of companies waiting for trade deals that get their parts.
SPEAKER 04 :
Well, and when you get into self-driving, right, I mean, you also end up with, you know, you’ve got literally national security concerns, right, at that, you know, so when you’re, you know. What manufacturers do you allow in terms of full self-driving or kind of in the robo-taxi realm? I mean, there’s a lot of issues, I think, there.
SPEAKER 03 :
Here’s another Chinese EV story. X-Ping, which is X-P-E-V, is going to make AI chips for Volkswagen. and perhaps other automakers in the future. So now you’ve got a Chinese EV company making their own semiconductors, chips, that is incorporating the AI into the autonomous driving system. And going into Volkswagens, and if there’s a 30% tariff on things coming from China, does that mean you’ve got to figure out how much they paid for the chips in the Volkswagen? It’s really complicated. It’s a sticky mess. But I would imagine there’s a tariff involved now on a Volkswagen if it has these X-Ping chips in them. AI Joe. Not GI Joe. AI Joe. Mattel recruits OpenAI to design toys. We’re learning of all these things that AI can do. Manufacturing. autonomous driving drug discovery speed things up and now toy design okay maybe we’ll get some decent toys out of Mattel for a change developed by AI it’s all I know my two granddaughters they still they like the Barbie movie they don’t play with Barbies they’re outgrowing that but Barbie is still a major franchise and speaking of you know Uber tentacles everywhere you know i was looking up i needed like a four foot four by eight foot sheet of foam two inch thick foam delivered to my house it doesn’t quite fit in the suv i hate to tie it onto my roof you know with robes yeah everybody’s pointing at you as you’re going down the street hey you know you know that thing’s flat you’re about to lose it yeah no you Uber will deliver that. Will they? With the flatbed, huh? Uber is extending into Lowe’s, Home Depot, and now Dick’s Sporting Goods. Both Golf Galaxy and Dick’s have signed a deal with Uber Eats for on-demand delivery. Hey, you’re going golfing tomorrow? How long does it take to run to Dick’s Sporting Goods to pick up 24 golf balls to make it through nine holes of golf? I don’t know how many you go through. None, none, none. Ike off with the guy that he loses a ball on every hole, two or three balls. He’s just horrible. Why does he waste his time?
SPEAKER 04 :
Well, hey, and around here, you don’t want to get too far off the course looking for a ball. You’ll find some other alligator, snake.
SPEAKER 03 :
You’ll be like that guy. What was the movie with Adam Sandler? Happy Gilmore. Yeah, Happy Gilmore. He died recently.
SPEAKER 05 :
He did.
SPEAKER 03 :
He was trying to retrieve his golf ball from a pond. Don’t do that around here. He only had one arm. But anyways, Dick’s Sporting Goods. I see Uber, you know, look, these tech companies are so powerful. They have so much cash flow and very little debt. They can afford to get into, stick their hands into all kinds of different businesses and industries. Look at Amazon. I see Uber as that kind of a company. I see Uber, you know, at first it was just a ride-hailing company. Well, Netflix was just a rental mail order company to begin with, right? But now they have these ways of extending their reach and becoming powerful players. And I think Uber is one of those companies. I know my nephew. back at harvard he’s not at harvard anymore but he was professor phd stanford all this he’s a smart guy i think he wrote a paper that uber did not qualify as a disruptor i’ve i’m going to get that straight from my sister but i see uber as a disruptor well i mean where’s the taxi industry taxi yeah i mean you know and and also i just remember you know places where
SPEAKER 04 :
You know, you couldn’t have, you know, we didn’t have public transit. I mean, you know, I grew up in a beach town. If you called a cab from somewhere, you know, the cab wasn’t going to be there for 45 minutes. I mean, there wasn’t a, you know, a steady population of drivers.
SPEAKER 03 :
You couldn’t step out in the street and hail a cab. And it’s become a giant cottage industry. I mean, I… you get submarine sandwiches delivered to your door by uber and now they’re getting hooked up with dick’s sporting goods okay we got a couple more stocks to talk about when we come back it’s an interesting world we’ll be right back
SPEAKER 1 :
Go where you want to go Do what you want to do
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Stocks Now show. One of the stocks I like to make fun of a lot, GameStop. I mean, now they’re going to float all of these convertible notes. And I’ll let the CFA just explain to the folks what a convertible note is. They’re going to offer $1.75 billion. of convertible notes of 0%.
SPEAKER 1 :
0%.
SPEAKER 03 :
The notes come due in 2032 in a private offering. Explain that to the folks. Would you touch that with a 100-foot pole?
SPEAKER 04 :
I mean, that almost sounds like issuing more shares but doing it via a debt… Yeah, exactly. Debt structure. I mean, so essentially it’s paying 0%, so basically you’re going to, at some point, to derive the value, right, you would convert those… Those into shares, and, of course, you’ve got to take that into account now when you’re some analyst that’s trying to determine what the float is. The number of shares outstanding for GameStop is going to likely have to include some of those in their calculation.
SPEAKER 03 :
And as an investor… What would have to happen for you to make money on this deal? I’m going to put $10,000 into their 0% convertible notes. How am I going to make money?
SPEAKER 04 :
The only way you make money in that sense is if the stock price goes up.
SPEAKER 03 :
Absolutely.
SPEAKER 04 :
That just seems like a… You’re throwing good money after bad.
SPEAKER 03 :
Yeah. It’s almost like an option. It almost seems more like an option. Now, this is the stock that was $120.
SPEAKER 04 :
It’s dilutive. The key word there is it creates dilution. So, you know, all else being equal, if the number of shares increase and the price stays the same, then you’re going to be diluted.
SPEAKER 03 :
Yeah, and the stock is diluted here today. It’s down 20% on this news. Really? Okay, Oracle, O-R-C-L, reported earnings, and that’s a beautiful chart there on Oracle. Now, for me, Oracle’s a pretty mature company. Okay, it’s not a double-digit grower anymore. It’s a single-digit growth company. It’s one of the great stocks of all time. Larry Ellison basically changed, was part of that whole tech revolution company into a database, and all these databases now hold all the information on Amazon products. The app is a database. It was a database. It still is a database where all of this data is stored, and you can retrieve it and manipulate it and filter it for just about any way you want to. Oracle is still a major player. It’s half a trillion dollars in the market cap. But we haven’t owned Oracle for a while. Maybe they’re getting their groove back a little bit with AI.
SPEAKER 04 :
Well, they’ve got the data center piece, right? So, I mean, that’s one piece of their puzzle at Oracle. Yeah.
SPEAKER 03 :
And I would say that that’s why you’re seeing the NASDAQ up today. Oracle is a big player. Man, I can remember Oracle in 1999, 98, when I was first getting into the business. Oracle was a major player, major growth stock player. Then a few years later came Cisco, which became a major game-changing stock, and Oracle was definitely. Larry Ellison’s one of the most successful guys out there, one of the richest guys in the world, and he’s still in it, still running the company. No, I don’t think he is running the company. He pays a 1% dividend yield. And it is one of the companies that left the Bay Area and headquartered in Austin, Texas, which has become pretty much all of those stocks, all those companies I saw in Santa Clara, they almost all have an arm or their headquarters also in Austin, Texas, which has become a big hub. It’s a lot cheaper to live there. Maybe Austin, Texas. I bet anything the rents are going up and home prices are going up there. But, I mean, it’s expensive to live in Santa Clara or that San Jose area. and Austin, Texas is where a lot of these companies are going. But Oracle’s up 13% today. Now, there’s a good company, all right? That’s what a good company does. And you’ve got over here GameStop, which is basically the stock is a video game. Why don’t they just make a video game, you know, theft and larceny? What’s grand theft, larceny? Is that it? Grand theft auto. How about grand theft shareholder? Grand Theft Shareholder, the new video game now for rent at GameStop. It’s just, you know, a lot of people play that game. All right, well, you know what? We’re gearing up for a trip next week. down to about a seven-hour drive, a three-hour flight, two-hour flight, I suppose, from here. There’s no direct flights.
SPEAKER 04 :
There’s not many directs, yeah.
SPEAKER 03 :
Unless you fly to Tampa and then rent a car from Tampa. You can take the train down. It’s 11 1⁄2 hours. You looked that up before. I did it once. You take the train to Tampa, and then you’ve got to take a Greyhound bus. I didn’t know that part. Oh, that was the most miserable. I don’t know. It was an adventure, you learn. But next Tuesday night, who knows? The Middle East might be on fire by next Tuesday night. That’s why I can’t really prepare a workshop until the day of the workshop. And I go with the flow of what I think is the most important thing to talk about. But we talk a lot about micro and individual stocks. We’ve had a big week here in a lot of stocks breaking out. The nuke sector, a lot of action there. The AI sector has been pretty much on fire again here with all of the news coming out of NVIDIA. We’re in between earnings season, but we definitely have a good fix on where earnings are going to come in this year and next year, believe it or not, and a pretty good look into 2027, which the market, believe it or not, is now trading on 2027. expectations for earnings and yes they’re out there individual companies have their earnings estimates out there and of course the analysts aggregate all of those estimates into an aggregate S&P 500 earnings estimate and that’s reflected in my newsletter a key piece of my newsletter every single weekend because that, to me, is the very best indicator where the market is headed at any given point in time. To reserve a spot to the workshop, I’m getting a little nervous. The space is getting a little tight, but we’ll figure it out. If Barry’s got to give up his seat or Jeff’s got to stand in the back, we’re willing to do that. Call us at 855-611-BEST to reserve a seat. Better yet, if you want a private appointment with us during the two days we’re there, a one-hour appointment with the team, 855-611-BEST, or anywhere in America, you can set up an appointment with us at 855-611-BEST. Get the free trial, four weeks, GundersenCapital.com. Have a great day.
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.
