In this insightful episode of the Best Stocks Now show, professional money manager Bill Gundersen and chartered financial analyst Barry Kite explore the dynamic world of stock markets amid global economic shifts. As the NASDAQ experiences a sell-off, the discussion delves into possible causes, including poor economic reports from China and geopolitical tensions in South Korea. This episode offers a comprehensive analysis of current market conditions, focusing on interest rates, gold, crude oil, and Bitcoin. Stay tuned for valuable insights into how international events might be influencing the market today.
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 Gundersen Capital Management. Here is professional money manager Bill Gundersen.
SPEAKER 03 :
And welcome to the Friday. It is the Friday, December 27th edition of the Best Stocks Now show with professional money manager Bill Gunnarsson, president of Gunnarsson Capital Management. I’m here with Barry Kite, our chartered financial analyst. It looks like maybe some of the buyers of stocks on the day before Christmas are returning those stocks today. We’ve got a little bit of a sell-off taking place in the NASDAQ especially. The NASDAQ is down 1.8% right now, which puts it at 19,667. The only thing I can put my finger on is another weak report out of China. Maybe there’s something else out there, but I haven’t found it yet. The S&P is down 1.1% today. That’s a pretty big correction there. It’s at 5,972. The Dow 30 down 0.5% to 43,094 right now. Small caps also down about a third of a percent. Not seeing much action in interest rates. I thought maybe that was the culprit. Although we are back up to 4.59. We’re up a few basis points there today. Gold’s flat. Crude oil’s up just a little bit to $70.49. And Bitcoin is up $20 right now. Usually it moves by thousands. It’s only up $20 today.
SPEAKER 1 :
$95,234.
SPEAKER 03 :
So welcome to today’s Best Stocks Now show. with professional money manager Bill Gunderson, president of Gunderson Capital Management, a fee-based only nationwide money management firm, and with a worldwide audience, really, with the podcast and the daily radio show. And I’m happy to have those folks that like to listen to the podcast, the show every day. I have a good time doing it. I think I learn more than anybody doing the research for the show each day. I found a few new ones here today. There’s always something happening in the market, and that’s why I can’t wait to get up each day to begin my day of work.
SPEAKER 04 :
We just got a note from Ottawa a couple of days ago from Ottawa, Canada, talking about international all over the place.
SPEAKER 03 :
Yes, Estonia, Hungary, Israel, all over the world really. The market was pretty flat yesterday. There’s not enough volume really to move these big stocks. You get a little bit of selling pressure today, and it’s going to be amped up a little bit because most people, I would imagine the trading pits or the trading departments are pretty lightly staffed right now. Of course, the investors are really what’s behind. the movement in the market on a daily basis. And, you know, most of them are with family, bobsledding, skiing, whatever, on this day, two days after Christmas. We’re not throwing snowballs here in Charleston, but it is a little bit on the chilly side. So anyways, kind of a dull day in the market. There were a few new highs. Astera Labs, ALAB has been real good for us. It’s in the ultra-growth portfolio and the emerging growth portfolio. And some of the small momentum names, the quantum computing stocks, a lot of the nuclear stocks had a fairly good day yesterday. But you get into the big mainline tech, your Netflixes, your NVIDIAs, that’s what’s underwater here today, Amazon, et cetera. So I think you can say goodbye to the Santa Claus rally. It looked pretty promising on Christmas Eve. There was cookies and milk consumed by Santa, and we had a really good day in the market on Christmas Eve on light volume, which can also push things up. Maybe all the grumpy sellers had already gotten to the airport and headed home on Thursday, but they’re back today, and the buyers are out on the ski slopes, I guess, or in the bobsleds, whatever. The 10-year top’s 4.60%. That’s one of the dampers on the market right now. And I’m a little bit surprised by how high interest rates have remained, but I guess there’s a good reason for that. The high amount of debt, it seems like buyers of U.S. debt are demanding a higher interest rate because they’re not as comfortable as they used to be given the massive amount of debt that the U.S. has, $36 trillion. Will we put a dent into that? Not really. I mean, look, Barry, right now we’re taking in $4 trillion and we’re spending $6 trillion. Okay, we get the doge boys in here, right? Okay, let’s say they find $1 trillion. which is not going to be easy, because don’t forget, of that $6 trillion that goes out, how much of that is mandatory? I mean, how much of that is Social Security, Medicare, you know, et cetera? It’s set in stone. You can’t cut that part of the pie.
SPEAKER 04 :
That’s all you can do. And it helps juice the economy. I mean, that’s the other problem. You take a trillion dollars’ worth of, you know, basically we think of the Fed as providing liquidity. Well, you take a trillion dollars… out of the global economy, wherever it ends up, whether that trillion ends up here or ends up in Ukraine or ends up somewhere else around the world, it’s still fueling growth. And so when you take that away, you will have some short-term pain that we’ve talked about some.
SPEAKER 03 :
Yeah, so let’s say they take a trillion. Let’s say they find a trillion. Well, you’re still a trillion in the hole every year. You’re still going to add a trillion to the deficit. The only other way to offset that is to increase your revenues. Bring revenues up to $5 trillion. There’s only two ways to do that. One, raise taxes. Trump’s not going to do that. And raising taxes also takes a big chunk, big hit to your economy, takes a big hit. Or you increase growth. You grease the skids for companies to increase growth, thereby bringing in more profits, more sales, and more taxes. That’s it. It’s a pretty simple equation, really. But the devil is obviously in the details. And, of course, you’ve got another problem here with a trillion going towards the interest that you’re paying on that debt. That’s one trillion a year. Yeah.
SPEAKER 04 :
And that’s that short term. You’ve got to remember, the Fed controls the short end of that curve, so very, very, very short-term debt. Of course, the market controls what the rate’s going to be for a 10-year Treasury note or The old 30-year long-dated debt, the market controls that number. The Fed, at least for January, doesn’t look like it’s going to be helping out much because right now we’ve got about an 89% chance of no change. at the next Fed meeting. And a month ago, that number was 59%, by the way.
SPEAKER 03 :
Yeah. Well, I’d be happy just getting a lot of the wasteful spending. Identifying the wasteful spending, the pork, identifying the people that are behind it, where it’s going, who wrote the bill, vote them out or primary them, okay? If we could just get the waste and the fat And the pork under control, that would at least make me happy. But balancing the budget, not going to be easy at all.
SPEAKER 04 :
Well, and even if the spending was more like an investment, right? Think of it like a business, right? Just them spending it is not necessarily the worst thing in the world. The problem is what they spend it on. Exactly. If they were making an investment in America, right?
SPEAKER 03 :
That would give you a return. Sure, that would give you a return, right? Okay, we’ve got a couple of hot spots in the world here today, and this could have something to do with the sell-off in the market. South Korea is a big technology hub. South Korea, I want to say, is the fifth or sixth biggest economy in the world. Now they’ve impeached their president after they impeached the other guy. I don’t know what his position was. I guess they’re both presidents. They impeached acting president, so he stepped in for the other guy. Han Duk-soo, after Yoon Suk-yeo, was impeached. So they have a lot of turmoil right now. It’s the first time in Korea’s constitutional history that an impeachment motion against an acting president has been bought to vote in the National Assembly. So as per their constitution, now the finance minister, Choi Sang-mak, is next in line to assume the active presidency. The South Korean won, which is their currency, plunged further. hovering at its lowest level in nearly 16 years. So, you know, hey, that’s a big economy. It’s a tech economy. There’s a lot of people, and there’s turmoil right now in South Korea, along with other areas of the world. And a lot to talk about here today on this Friday, December 27th. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. Well, I was just checking to see if things have gotten any better. No, in fact, they’ve gotten a little bit worse. Barry, the NASDAQ is down 418 points right now. During the next break… See if you can find it.
SPEAKER 04 :
It’s got to be on some volume. It’s got to be on light volume. I mean, I’ve been kind of picking through the news here. There’s really not much in terms of a market moving. I mean, South Korea is probably the biggest in terms of geopolitical story that I’ve heard. Yeah, today. But, you know, that’s a pretty significant move. I mean, 2% in the NASDAQ at the moment.
SPEAKER 03 :
Yeah, and I’m looking like at the volume in Amazon. It’s next to nothing, right? The volume. Right. I’m looking at the volume in Apple. It’s minuscule today. So that could be the problem. Very light volume, which always accentuates moves. And just like it accentuated it to the upside on Christmas Eve, it is accentuating it big time on the downside today. Now, I would expect on Monday things to get back to a little bit normal. You may have some tax selling here today. I think the volume in the market will be a little bit better on Monday. And then Tuesday’s a half day, and then ring the bell, turn the page. You know, the market year is over when the bell rings on Tuesday, and we come back Wednesday, and we’re off to the races once again with the new year. So anyways, that’s where we sit. The NASDAQ down 421 points right now. You know, days like this just come along and that’s all you can do. If you think back going to 2009, how many times could you have been scared out of the market? And guess what? It came on to hit the new all-time highs once again. All right. You know, it’s a toss-up. Wacky governors. You know, I think of, obviously, California’s Newsom. Pretty hard to beat Newsom. Of course, Minnesota’s Tim Walz, he put in a big showing as being wackiest governor in the country with the spotlight on him there for a while. And, of course, Whitmer in Michigan. But New York Kathy Hochul, she’s up there. She’s a nut. I mean, she just seems like a nut. On Thursday, she approved the legislature’s bill requiring major polluters that contributed to global warming. Now, I don’t know how you quantify this to pay $75 billion. Write a check. for repairs from major storms. Okay, they’ve got to pay for storm damage. That’s pretty hard to trace that. Okay, and other remediation resulting from climate change. It’s one of those things. I mean, do we all owe monies from our vehicles, right?
SPEAKER 04 :
Emissions over the years?
SPEAKER 03 :
Well, she’s going to order the top polluters. Okay, so you’ve got to quantify that somehow. to pay over 25 years to help New York’s infrastructure better withstand flooding and other climate-related events.
SPEAKER 05 :
Sounds like a tax.
SPEAKER 03 :
For too long, New Yorkers have borne the cost of the climate crisis, which is impacting every part of this state, Hochul said in prepared remarks. With the money from this Climate Change Adaptation Fund, we will be able to pay for critical climate adaptation and resiliency projects across the state. Well, I see more companies leaving New York. There’s a second state to do something like this. Vermont’s the other one. So anyway, she’s determining who the biggest polluters are and send them a big bill for paying for the damage from snowstorms and rainstorms. A state fund will manage the payments and disperse the monies equitably. Equitably. Okay, Netflix did pretty well with their record-setting ratings. I did not watch any of it on Christmas Day. I saw a lot of hoopla about the Beyonce halftime show. I don’t know how much they had to pay Beyonce for that. I know Beyonce got a million dollars for speaking at Kamala Harris’ one of her events. I’m sure she charges a lot more for a halftime show, Barry.
SPEAKER 04 :
I was going to say, the speaking part, that sounds like easy money right there.
SPEAKER 03 :
Yeah, it took a lot more to be lifted in the air and everything. But she was promoting her new album, so I suppose… That’s a pretty good commercial for her new album. But Netflix dazzles with record-setting ratings for Christmas NFL games. And so, you know, it’s the first time that Netflix is treading into Disney, ESPN territory, CBS, NBC, broadcasting football, live streaming. The big thing is they didn’t have any glitches. like they had with the mike tyson fight and some pretty they put up some pretty good numbers so netflix is off today it’s in one of those number three kind of consolidation patterns right now it was one of the hottest stocks out there it went from about 700 right on up to 950 Really took off after Election Day. Now it’s back in the 900 area. It’s down 2.9% on very anemic volume in the market today. I guess it’s all sellers. Only the sellers came to work today.
SPEAKER 04 :
Well, yeah, I remember my dad, you know, years ago, I’d be like, you know, dad, why did the market go down, right? And, you know, sometimes, right, the answer was some days there’s just more sellers than buyers.
SPEAKER 03 :
Yeah, there’s no better, there’s no other answer. I mean, you look for a reason and there’s really nothing out there. Wed Bush, I’m sure they’ll come out with a big bullish note on Monday. They have one out today. Who’s going to lead the charge in monetizing AI in 2025, according to Wed Bush? Palantir and Salesforce, which I don’t have any problem with that. I think those two companies are going to monetize. I think we own both of them. Palantir continues to be one of my top picks for next year. Even though it’s gone on a scorching run, probably needs to cool off a little bit. And then, of course, Salesforce is a member of the Dow. It’s not a 25%, 30% grower anymore, but it pays a dividend. So we own it in our dividend portfolio. Salesforce is down 1.2% today on just anemic volume right now. Okay, you know, Elon Musk is weighing in on everything these days. Have you noticed this? He’s even weighing in on the weight loss drugs, which he did yesterday, saying that he prefers that bound to a coffee. So obviously he could stand to lose a few. And, of course, he’s got a basic argument with RFK who’s not. Look, RFK is all in favor of going to the gym and eating healthy. Well, I am too, all right? But I just look at the vast majority of people. They’ve done that. They’ve been there. They’ve done that. And I see this. You know, I’ve seen people that never, ever could lose weight, and they’re losing weight on these drugs. Now he’s commenting on another stock because the new CEO understands rocket ships and space and other things, which is probably a good thing if you’re going to lead an aerospace company. He claims the old CEO didn’t understand that. What company is it? We’ll be right back. Now, back to the second half of the show.
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Now the instigator Because there’s something in the air We’ve got to get together sooner or later.
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show. Things have not gotten any better. The Dow is down 412 now. Of course, that’s only 1%. You know, the Nasdaq’s down about the same in points, 423, but it’s down 2%. Obviously you’re dividing that number into a lower number. The NASDAQ is about one half of the S&P 500 as far as price goes. The S&P 500 is down 1.4%. VIX is way up today. It’s up to 18.45%. The VIX is up 25% today. That’s the volatility index. Volume goes down, volatility goes up, right? You get these wacky moves in the market, which is how I’m going to explain what’s going on today. I did notice that some of the quantum stocks, I don’t know if they’re holding on to their gains. I found a new ETF this morning. In fact, I found three or four that I added to the app. There is a quantum ETF. So if you want exposure to some of these names in the quantum space, prepare for volatility. They are extremely, extremely volatile. Why? They don’t have any earnings. The earnings are way out there in the future somewhere, maybe, which makes them long-term, like a long-term bond. A long-term bond is much more volatile than a short-term bond. You know, a three-month T-bill doesn’t move very much. I look at our bond fund every week. I almost hate to spend the time updating it because it just does not move that much. A few cents here and a few cents there. Bonds also are not very volatile corporate bonds unless there’s a massive change in interest rates.
SPEAKER 04 :
And that’s also because our bonds are three to five years versus, you know, people think of U.S. Treasury, right, as being, you know, the safest investment out there, if you will. But you get a 20-year Treasury bond, right, is going to be more volatile and can be, you frankly, can be more risky than an individual stock. Yeah. Depending on the duration of 20 years.
SPEAKER 03 :
It was long-term U.S. bonds that put Silicon Valley Bank under. It wasn’t stocks. Exactly. Yeah. It wasn’t stock trading. Okay, Elon is commenting on just about everything. He’s got a lot to say, and he’s got a big platform, obviously, with X. He says Boeing is on a much better track with the new CEO because the aviation giant’s previous leader lacked knowledge about how airplanes or rockets worked. Well, okay, that’s not good to be the leader of Boeing and not know how airplanes or rockets worked. That’s at least according to Elon Musk. He says the new guy is much better suited for the job because he used to work at Rockwell Collins, and he understands how airplanes and rockets work. And Elon obviously understands how rockets work, and I’m sure he understands. He’s a pretty smart guy, and I see those SpaceX missiles flying over our heads there. on a fairly regular basis, launching another satellite into outer space. Okay, so quant ETFs. Seeking Alpha has their own quant system. I have my own quant system. My quant system is very unique because it has valuations involved in it as half of the equation. Every other quant system is basically based on momentum only. But I do find new ideas looking at these lists of ETFs. So here’s their quant system, what it’s picking right now. Two times long Tesla. We’ve talked about that. There’s actually now three ETF families that have single stocks that are doubled. Granite Shares has a two-time long Tesla. It scores a very high quant rating. Why? Because it has a very strong relative strength. It has nothing to do with valuation at all. T-Rex. I don’t know this fund family. I remember the band T-Rex back in the 60s. T-Rex has a two-time long Tesla. And Direction Shares has a two-time long Tesla. Of course, it goes both ways. Tesla is a pretty volatile stock. Now, we all know that it went flying after the Trump election. It’s been on a tear, and it wouldn’t surprise me to see it cool down a little bit, which it already is doing. Tesla today is down $21 per share. Let’s check the volume on Tesla. And now this is on a very light. I mean, the volume is just really, wow, really low today. But anyways, you can also buy two times short Tesla. Guess where that might, I think it’s maybe one time short Tesla, in an ETF. So you can use that inside an IRA. You cannot short stocks inside IRAs because it involves margin to short an individual stock. But now you have these single stock ETFs. Now Barry, another way these come in handy is to hedge, let’s say you have a big position in Tesla. and you want to protect your profits. Well, there’s times when you can deploy instead of selling Tesla and incurring a taxable event, you can deploy a hedge against a large Tesla position with an inverse Tesla ETF. Okay, other high quant ratings. I added this one to my app today, Roundhill, which is a pretty good fund or family of funds. I know they have an AI, they have an AI, a couple of AI funds. Related ETFs. They have the Roundhill Magnificent 7, which is mags. Got some mag wheels on it, Barry. You don’t probably remember mag wheels, but the Magnificent 7, very high quant rating. I had them on a bike. Now, here’s a FANG two times direction, owning the FANG stocks. Now, the definition of FANG has changed over the years, but two times FANG has a very high quant rating. Now, here’s the one I want to zero in on. How about the Defiance Quantum ETF? It has a quant rating of 4.9. I guess 5 is their highest number. Now, another thing that I like when I find new ETFs and whatnot, I like to go into them and check out their holdings. Will I create a quantum sector? Maybe. One of my followers out there emailed me and said, Bill, you need to create a sector. I have the market divided up into 66 sectors. And I’m going to separate, isolate out, and create a crypto sector, which, hey, has become big enough to have its own sector. Quantum, I would say right now, is a subsector. in technology. I don’t think it’s big enough to have its own sector. But I used to have the tech sector. You at least should divide it up. Software, semiconductors, hardware. I mean, I need to subdivide my tech sector. It’s way too big in the app, okay? But you can go into QTUM. QTUM. This is the Defiance Quantum… E-T-F. Now guess what? This thing has $683 million in it. You say, well, how is that compared to other ETFs? That’s a big ETF. I mean, considering that it has been around, it looks like, since 2018. Now let’s just take a look at the names in it. I would imagine the biggest quantum stock right now really is Google. But if you look at the holdings, okay, so I use Yahoo, okay, and I’m going to go to the holdings. IONQ, number one, 6%. Rigetti, number two. These have all been added to the app recently, 4.3%. D-Wave, which is QBTS, 4.2%. MicroStrategy, I don’t know if that’s a quantum stock. I guess they’re bringing in the crypto. It belongs in the crypto sector. And then there’s some big names that, you know, this kind of waters down for me. I don’t see IBM. I guess it is a quantum stock, but that’s a tiny little bit of what they do. uh accenture they’ve got in there they’ve got marvell uh coherent uh those are some of the uh now you can go even further you can go to the the funds uh website and you can probably get most of their holdings okay So anyways, there’s a new ETF that goes into the app, QTUM, which gives you a larger exposure to a broad swath of quantum-related stocks. We’ll be right back.
SPEAKER 05 :
Hey, you gotta go the way you wanna go. Do what you wanna do with whoever you wanna be.
SPEAKER 03 :
And welcome back to the final segment of today’s Best Docs Now show. I think I’ll go bobsledding, Barry. Is there anywhere around here I can bobsled? There’s not even a hill around here, let alone a mountain. We live in the low country, but it’s a pretty boring day.
SPEAKER 04 :
Maybe down your stairs.
SPEAKER 03 :
Yeah, down the stairs. You know, my dog at low tide. I have a walkway that goes down to the lower dock so I can get in and out of my boat when it’s in the water. That low tide, that one’s pretty steep. You know, I could get on an ice block, go right into the river. That’d be kind of fun. Like the Marcus going.
SPEAKER 04 :
And that bluff mud will keep you, you know, be a nice landing spot as long as you don’t have any oyster, you know, no oyster beds or anything in there.
SPEAKER 03 :
Grab a couple blue crabs while I’m down there. Well, anyways, I was just looking at the AI ETF, CHAT, C-H-A-T, which I guess they took CHAT, G-P-T. Round Hill, who are the major AI players? Well, you know, NVIDIA, obviously, number one. Microsoft, number two, because of the chat GPT. Google, number three, because they’ve got their own, what, Gemini AI. Meta has their own, number one, two, three, four. And then you’ve got Taiwan Semiconductor, obviously, in that AI sector. Palantir. You know, Palantir’s got their foot in a lot of things. Cyber security, crypto, government, AI, probably a little quantum too. And then Marvell and Broadcom and Dell. SMCI, I suppose, would also be one of the top AI stocks out there also. obviously i mean uh you can get a lot of exposure to a sector through an etf personally uh if i were to just looking at the the holdings in this round hill i would take out hewlett packard enterprises because it’s such a bad stock i would take out dell and i would cherry pick In other words, I prefer to cherry pick and break it down and find the best of the best and create an all-star team as opposed to just a broad swath of coverage to have coverage to the supposed AI sector. Okay, do we want to look inside the market today? I guess we have to. We’re kind of in that business. Let’s take a look here at the Dow today. What is driving? It’s mostly the big tech stocks that are down today. NVIDIA, the biggest loser percentage-wise, down 2.8%. It’s one of the biggest winners, however, in 2024. What will 2025 bring? I’m just going to say that NVIDIA is finishing up the year without much momentum. Amazon still has quite a bit of momentum, and I think you can throw that into the AI sector also because they have their own AI chip. Amazon’s down 2.3 today, however. Microsoft’s down 2. Apple’s down 1.5. I think you’re getting the idea. It’s big tech. Somebody, why would you choose today? I don’t know. Somebody is making a big sell out of tech today.
SPEAKER 04 :
uh repositioning i don’t know what it is uh china selling who knows somebody’s behind you mentioned that you mentioned the south korea i mean the south korea issue and and you know more and more potential influence um you know from uh you know from from communist influence whether it’s from North Korea, China, both. It’s a pretty interesting situation, the underlying. I can’t speak on it enough, not huge on my South Korean politics, but it’s an important economy, an important component piece of the world. Definitely.
SPEAKER 03 :
Okay, I look at the S&P 500, SMCI, biggest loser, down 4.5%. Tesla, which is also an AI player as it relates to your vehicles. And then let’s not forget the biotechs. There’s a lot of biotechs that are players in AI. Tesla’s down 3.7%. Palantir down 3.5%. It just seems like the biggest winners. of this year. Maybe somebody’s got a program written somewhere to sell the biggest winners of 2024 and buy the biggest losers. I don’t know. But that’s basically kind of what we’re seeing in the market today. Google’s down 2%. Arista Network’s one of the biggest winners. Nothing has changed for these stocks from where I sit. I mean, they’re all still sitting pretty as we enter into a new year. The oil stocks are having a bit of a good day here today. That’s probably the best-performing sector, even though it’s been the worst-performing sector over the last 12 months. So you’ve got Occidental Petroleum up 1.6%, APA, which is natural gas. I did see that there was a big bounce in natural gas prices today, I think 5% because of something Putin said. about not being able to work out a pipeline through Ukraine. He’s got to go through Ukraine, you know, to get a pipeline into Europe, or he’s got to go around it. And that is hurting natural gas prices. Devin’s up 1.5. Those are the winners. Okay, now if we look at the NASDAQ, I’m sure we’re going to see the same pattern. China not doing well, the Chinese stocks. On the upside in the NASDAQ, Starbucks up 1.1%. So now let’s just take one other little slice of the pie here and let’s look at the inverse funds. The best performing inverse fund today as a hedge. Now of course they’ve been slaughtered this year, don’t forget. being inverse the market, unless you were inverse bonds. But right now, the best performing inverse fund is Cathie Wood short two times. That’s up $2.20. And China short three times. And how about the Nasdaq short three times on a day when the Nasdaq’s down over 400 points? All right, well, we’re out of time.
SPEAKER 04 :
Essentially, all the names that are down right now are the names that were up on when.
SPEAKER 03 :
Easy come, easy go. That’s the way that goes, okay? Down the chimney and back up the chimney and smoke is the way I see it. Okay, I’m ready for the new year. I’m adding stocks. I’m always doing things this time of year to add stocks to the database. We’re almost at 5,000 right now. I’ve got a lot of followers that we’re going to have a fun day today. We’ll try to make the best of it, even though it’s a very unusual, extraordinary day when you have very light volume. It’s a Friday during the Christmas week. That’s accentuating the downward moves here today. To get four free weeks to trade along with Bill or learn along with Bill on a daily basis, go to GundersenCapital.com. GundersenCapital.com. to set up an appointment with us and take a look at your retirement plans, your financial plans, your portfolios, your investments, etc. Give us a call at 855-611-BEST, 855-611-BEST, or GundersenCapital.com. Have a great day and have a great weekend. The newsletter will be out tomorrow afternoon. Take care.
SPEAKER 01 :
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 SIBC and FINRA.