This episode takes a closer look at the influences shaping the financial landscape under new political leadership. We dissect the potential impacts of President Trump’s incoming government policies, executive orders, and the anticipated cabinet changes that may sway market trends. Tune in to hear expert insights into predictions for the U.S. economy, global market competitiveness, and the factors investors must navigate to secure financial success in these fluctuating times.
SPEAKER 01 :
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 06 :
Good morning and welcome to the Friday, January 17th edition of the Best Docs Now show. I am Barry Kite, planer analyst here at Gunderson Capital Management, handling show duties for Bill today. And Bill will be back here behind the microphone on Tuesday. He’s always behind the keyboard, but he’ll be back behind the mic on Tuesday after the show. Monday is market holiday for Martin Luther King Day and also will be the inauguration. So Monday will be a full day here. Market for most of the morning as we’re getting ready for the show was futures were negative or just at least a bit in the red. And now we’re on the show. We’ve got some strong green out there. We’ve got the NASDAQ leading the way up 1.5%. That’s at 19,628, so working its way back towards that 20,000 number. We’ve got the S&P up 0.96%, so almost 1%, just under that 6,000 mark at 5,994. And then we’ve got the Dow up 0.78%, up 333 points to 43,486. Crude oil still below that 80 mark that it got above earlier this week, just down 0.12% at $78.58 a barrel. We’ve got gold still above that 2700 mark at 2713. uh down just a dollar today and then bitcoin’s getting a good bit of a surge up 4.6 percent some news uh executive order around bitcoin uh that trump plans to sign pretty quickly uh while he’s in office and of course that’s moving uh moving bitcoin today to the upside and we’ll uh kind of uh cover some of that here a little bit later in terms of some of those executive orders but Again, good morning and welcome to the January 17th edition of the Best Docs Now show. I’m your host, Barry Kite, planer and analyst here at Gundersen Capital Management, sitting in for Bill today. We also have Jeff Webster joining me on the show today, kind of a regular occurrence. Jeff is a vice president and advisor here at the firm. Good morning, Jeff. How was your week?
SPEAKER 07 :
It’s been a great week. Good to be with everyone. It’s always great to have an opportunity to communicate with the broader audience. As you know, you and I and others in our company are busy throughout the week talking to our existing clients and new clients that are looking to come on board with us. So it’s always great to have the opportunity to interface with the broader group of listeners that we have out there.
SPEAKER 06 :
Yeah, yeah, and we certainly have an informed group out there. I told folks I’d probably put our clients and listeners up against anyone out there in terms of investor knowledge base. Good news is we’re on track for the best week since the election in the markets, particularly for the NASDAQ. And if you add an extra 1.4%, we’re sitting at right now on top of it, it will certainly be the biggest week for the NASDAQ 100 since the election. Of course, yesterday, on the heels of that big move on Wednesday, which happened to be the biggest day of the best day market day of the year, of 2025 so far, and of course it was the highest day since the Wednesday after the election. So a big bounce back day on Wednesday. Yesterday was more kind of a back and forth day. Saw a little bit more of that intraday volatility that we’ve been seeing a lot. Saw it, noticed it this morning in terms of looking at the futures. We were negative, flipped back, and we’re pretty significantly in the green. So things are moving fast out there, which kind of brings me, in terms of volatility, really kind of brings me to… Something I’ve been thinking about, Jeff, and you’ve likely been talking to folks about it as well, but as we’ve been relaying our 2025 outlook to clients and potential clients, particularly given that we’re only, what, three days away from inauguration day, it’s kind of an interesting dilemma for investors where you’re kind of balancing that short-term market expectations with long-term market expectations. And of course, Overall, folks that we’re working with and dealing with certainly more interested on the long-term end, just in terms of retirement planning and other pieces where your investments tend to be a means to an end to that standpoint. But as Bill’s talked about for, I guess, a handful of weeks now, the expectation of this near-term volatility that we kind of expected, saw it towards most of December, certainly early in January of 2025, and likely to kind of go through that first quarter of 2025 is what we’re expecting on this kind of short-term volatility as the Trump administration kind of takes hold. We’ve got, what, I think 100 or so from what I hear, it seems like your hand’s going to get tired. Maybe Elon can bring one of those robots up there, but signing a lot of those executive orders pretty much day one, right, Jeff, in terms of some of these, whether we call it deregulation or they’ve got the crypto piece. There’s a lot of different pieces of this executive order that will take place. But a lot of those are going to be market moving in some sense. And how the market’s going to react, we don’t know. I don’t know exactly what all of those are going to be, so that creates that near-term uncertainty. Also, the incoming administration is the impetus for long-term market expectations remaining in trend, right, in terms of for 2025, we see kind of haven’t seen an earnings drop off. We kind of see that market trend continuing. But in the near term, right, you’ve got that kind of – Different mindsets. So it’s kind of an interesting dilemma, I think, for investors where we’re at right now. Because like I said, with any presidency, that first 100 days is going to set the tone for what campaign promises get met, how they get met, what policy ends up shaping out to actually look like once it’s in place. We’ve got the debt ceiling that we’re bumping up against. Of course, you’ve got the tax cuts that are going to be a bill that needs to kind of keep going in terms of having those tax cuts remain in place. And I think the administration is going to hit the ground running, but it’s just going to be interesting to see, you know, how the market plays all that out, particularly in the short term, because it’s going to create, you know, create winners and losers, right? We’ve seen that, you know, just as some of the market news and things shake out across a various number of sectors, right, since the election. Right, John?
SPEAKER 07 :
Absolutely. Yeah, certainly is. I mean, just… You know, as President Biden wraps up his final few days in office and as we see the new administration coming in, you know, there’s, I mean, right now, other than Marco Rubio, there’s still, you know, a lot of tension getting cabinet attention. Folks approved, you know, through the Senate, it seems like it’s very much a partisan thing where you have one side of the aisle that is trying to trip these people up with trick questions and get them to say things that will make them look bad, and then you have the other side, you know, throwing up some softballs for them. Right, yeah. And from what I’ve seen, Rubio right now is the only one that… that everyone kind of agrees on. So we’ll see what will happen here over the next few days.
SPEAKER 06 :
Yeah, and Besson did pretty good yesterday in terms of the couple of sound bites that I saw and some of the articles I read. I mean, he’s respected really on both sides of the aisle. I don’t think you’ll have any trouble getting through. And somebody who understands markets, which all that plays into kind of that longer-term trend remaining in place, whether it’s reduced red tape in terms of investment or whether it’s on the natural resources front whether it’s on the crypto front there’s going to be a lot of things to help grease the wheels of investment and the market the economy tends to react favorably to that stuff and so that’s what we’ll see and on the other end just to kind of wrap this up in terms of You know, in terms of some of the bearish sentiment, we’ve got a good contrarian indicator, usually doing the opposite of this tends to be, you know, the right move. But the AAII sentiment survey came out, and they had a kind of their most bearish sentiment. stance in a while so like i said normally individual investors as a whole tend to tend to get it wrong so we’ll look that bearish indicator as a good sign but we’ll be back here for the second segment of the best stocks now show
SPEAKER 1 :
Thank you.
SPEAKER 06 :
And welcome back here to the Friday, January 17th edition of the Best Docs Now show. I’m Barry Kite, planner and analyst here at Gunderson Capital, taking the wheel for Bill today. And we also have Jeff Webster on the show, vice president and advisor here at the firm. Looks like green’s continuing here on the screen, Jeff. We’ve got the NASDAQ still up 1.24%. at 19,577. We’ve got the S&P still on the doorstep of 6,000 again, up 49 points, up 0.83% so far today. And the Dow also having a solid day, up 0.74%. NASDAQ, or Bitcoin that is, leading the way up almost 5% today, over the 100,000 mark again at just under 104,000. I’m sure if I keep looking at it long enough, we’ll be over 104 or maybe under 103. You never know, right, Jeff? That’s right. It moves pretty quickly. Not quite as quick as quantum stocks, but just to kind of recap a little bit, I did pick up a couple of notes. I had some highlights here. We were talking towards the end of that last segment about Scott Besson His hearing in front of Congress, he bid to become the Treasury Secretary. He certainly hit a lot of the topics that we’ve been concerned about and I think a lot of folks are concerned about in terms of he kind of berated the government in terms of their spending problems, the need to get, quote, fiscal house in order. He specifically said, we’ve all probably said this or heard this many times, but he said, we do not have a revenue problem in the United States of America. We have a spending problem. So that’s going to be his job, either at worst figuring out a way to pay for it. I don’t know how much control he has over the spending, but he certainly has to raise those funds and hopefully be creative and keep our borrowing costs down. But big deal. I mean, I was looking at this, you know, This comes on the heels. I think we got this earlier this week or maybe it was in the last week. But, you know, the fiscal quarter 2025 budget deficit went up 39 percent to 710 billion from the same period the year before. So. A lot of that’s from rising borrowing costs, obviously spending growth, and some falling tax revenue. But, you know, there are things that need to get taken care of, not the easiest things to tackle, but we’ll see what the new administration will have to do about it. I did also mention, this is the one piece I was talking about in terms of the tax cuts. He said that the U.S., quote, will be in a… be in an economic calamity if the Trump tax cuts don’t get extended. So I would imagine we’re all pushing for the extension on those. Somehow there may be more than others.
SPEAKER 07 :
Well, it’s interesting, Barry. I’m looking at – so when you think of all the cabinet secretaries, I believe – including the Attorney General, who’s not defined as the Secretary. I believe there’s 15 Cabinet posts. I noticed that there are five to be announced, the Secretary of Agriculture, Secretary of Commerce, Secretary of Energy, Secretary of Education, Secretary of Veteran Affairs. I’m wondering if those are to be announced because those are potentially all going to be on the chopping block of – you know, departments that, uh,
SPEAKER 05 :
Yeah, in other words, we don’t need them. That’s right. It’s interesting. I think that’s one caveat.
SPEAKER 06 :
I was thinking more of some positions you might use as some horse trading, right, to make sure you get to certain people you want in, and then, hey, maybe we’ll throw a bone here or there without having someone named yet. But, yeah, you may be on to something there. Yeah. That’s pretty interesting. Well, we have heard about, as the market’s gone, we’ve heard about the idea of the breadth widening. You’ve heard this cap-weighted versus equal-weighted idea. dealing the market in terms of, as we know, the Magnificent Seven for almost two years really coming out of the bear market of 2022, really driving a large majority of the S&P return over that period. And thought was at some point, right, the rest of the S&P 500 will catch up, so you do the equal weight you know, start investing in the equal weight side. Well, over the last six months, it wouldn’t have mattered which ones you chose, Jeff. They both came out with the same return. So the move to equal weight is still kind of, you know, that prolonged trend still hasn’t been observed yet. But They are at least catching up, put it that way, because certainly the S&P, regular S&P 500 was very much outperforming its partner. And I think over the last two years, I want to say there was a number. It was, don’t quote me on this one, I want to say it was like 109% or 120-something percent versus 9% for the equal weight versus the S&P. But I’ll have to pull that number up. But in terms of markets, we’ve got news-wise today, globally we’ve got some information. These are some interesting numbers, Jeff, you’ll like these, out of China. Yeah. So China released their GDP for the fourth quarter. They set a 5% target for the year, as you would imagine. They hit that target. They can make those numbers work however they please sometimes if they need to. But China GDP grew 1.6% in the fourth quarter. A couple of interesting notes from that, though, just kind of as you look underneath the hood there. Of course, you’ve got to take some of these numbers as a grain of salt, but grew at 1.6% in the fourth quarter. That was above the 1.3% rise in Q3. It’s the strongest quarter since first quarter of 2023. They grew by 5.4%. And, you know, basically, if you remember, right, they unveiled a massive stimulus, right, in September, right? And so basically they had to kind of speed things up, do a little juice the economy towards the end of the year so they could hit that 5. They got to 5.4%, so they overshot it a little bit.
SPEAKER 07 :
Barry, you know what’s interesting is, like Phil, I’m very active following folks on X. And I’ve seen a number of folks here over the last couple of days argue about, like, hey, you would make a very risky investment in 2X Palantir or these quantum stocks. Why wouldn’t you be willing to allocate 5% of your portfolio towards Chinese companies?
SPEAKER 04 :
Yeah, we’ll cover that one when we get back. Yep. We’ll get back when we come back for the second half of the best.
SPEAKER 03 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting-edge stories that I can. To get two free weeks of my newsletter, go to GundersonCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show.
SPEAKER 08 :
We got to get together sooner or later.
SPEAKER 06 :
And welcome back to the second half of the Friday, January 17th edition of the Best Stocks Now show. I’m Barry Kite, planer analyst here at Gunderson Capital, serving as relief captain here for Bill this morning. He’ll be back behind the mic on Tuesday, especially. We’ve got a reminder, equity markets will be closed on Monday for Monday. The Martin Luther King Jr. holiday and observance. And then also the inauguration day will be also on Monday. So you get a twofer that day. Of course, in terms of if you want to keep up, stay up to date with Bill and his thoughts on the market, our thoughts on the market, you can always go to GundersonCapital.com. you can sign up for the uh we still got the four week uh all uh all inclusive uh option for the uh for the for the live trading there and um i know jeff’s gotten some good feedback from folks uh folks on that and of course uh you know always uh you can always give us a ring too you’ll likely speak with edie um and always happy to schedule a time to chat and and give you some ideas on what’s going on in your portfolio, give you some thoughts there, you’re welcome to give us a call at 855-611-BEST. That is 855-611-2378. Always here to be a resource for you. and uh jeff yeah you hit the hit an interesting i get i get both uh both ends of that arguments a lot of times right i’ll have clients who say hey i don’t want to own anything in china um particularly you know say a chinese adr which is a company that would be a company that trades here but is is domiciled uh in china um and then or you know even on the etf right uh you know um the the problem with china and build we’ve we’ve you know ran into instances of it we’ve talked about instances of it over the years and we really probably the i guess the straw that kind of broke the camel’s back if you will was probably would have to be the You know, disappearance of Jack Ma. Remember Jeff Beck? Yeah, I want to say it was around the 2000 election, if I’m not mistaken, and maybe combining two news stories there. But, yeah, I mean, essentially, CEO of their, you know, at the time, right, their biggest or certainly one of their most potent companies, most recognized companies at the time, essentially disappeared. And, you know, so the problem there, biggest problem is, you know, political risk, if you want to call it political. You know, there’s going to be essentially they can change the rules really at any point in time. So, you know, certainly an issue when you’re holding an individual stock that’s domiciled in China. And so, you know, it’s been a while, been a long time, handful of years now since Bill’s owned a Chinese domiciled stock in the portfolio. And, you know, those risks, you know, just create a, you know, level of risk that, number one, you can’t hedge against. The only way to really do it is via size limit for the portfolio, right? So you could maintain, reduce your risk level. in terms of, say, only holding, you know, at most, say, 2% in this one particular Chinese domiciled stock. But, you know, you’ve got other reporting requirements. I’m trying to remember the name of the company. I think it was Luckin Coffee. You know, that was one that had some accounting issues. So you do have some reporting issues, as we were saying. joking about China’s GDP report. You know, they’ve got an eraser. It probably comes in pencil. So there’s just an additional set of risks there. And then lastly, I’d argue that, you know, our clients, we do have Chinese, certainly plenty of Chinese exposure in terms of owning, you know, international companies, you know, for example, you know, owning Microsoft, well, certain amount of their business, as we all know, you know, comes from China. So they are, you know, just because they’re domiciled in the US doesn’t mean they don’t have, you know, quote unquote, Chinese exposure. So Bottom line, we’re getting that exposure in a different way. A much more palatable risk, right? Right, because you remove that risk. In an ETF, of course, that’s one thing. But in an individual stock, you’ve got that specific stock risk and risk. If a government can pull the rug out from under them at any point in time, then that’s a risk that you may be able to find something else elsewhere that will give you the return profile you want without that huge asymmetric risk to the downside.
SPEAKER 07 :
Right. I think you’d probably, with your CFP, uh, background, uh, define that as a global stock as opposed to an international, uh, stock per se.
SPEAKER 06 :
Right, yeah, and that’s where we kind of, you know, just when you start, when you look at, you know, you get these different names of mutual funds, right? You always, you know, if you’re looking at your 401K, right, one of us, when you have a 401K, you’re stuck with a certain number of choices, and you’ll read down and you see, you know, international funds or, you know, emerging market funds. And, you know, kind of our beef over the years now has kind of been, you know, Why would you want to hamstring yourself, right, to say only international stocks? Well, of course, you know what, you’re going to get some Nestle in there, right? You’re going to get a lot of these, you know, standard names in there. But in reality, right, you know, Microsoft should be in there because they sell plenty of things to Europe. They sell plenty of things around the globe. And so when you’re, you know, when you’ve got these, like, strict mandates on these, you know, quote, unquote, international funds, it’s, you know, it had a purpose years and years and years ago to, you know, nowadays to really think it’s a, you can get the same exposure elsewhere in a different way without some of the currency risks that you have within some of these international funds.
SPEAKER 07 :
Yeah, this advisor is not interested in those Chinese stocks, by the way. I mean, I’m just simply pointing out some of the arguments you see out there on the social media platforms.
SPEAKER 06 :
Yeah, and we get questions, like I said, both ends of the spectrum where you’ve got clients maybe wanting or asking about Chinese exposure and then others wanting to avoid it. We get it from both ends, bottom line economically when you look around the globe. The point really was that America’s exceptionalism from an economic standpoint continues to hold through. I saw something where I think retail sales actually declined in the UK for For December, I couldn’t help but think about, you know, it must have been a rough Christmas for the kids in the U.K. this year. You had, well, it says retail sales dropped 0.3% in December, and the estimate was a 0.4% increase, by the way. So that’s a .7% miss. And, you know, you’ve got, you know, other issues in the euro areas. Inflation ticked up a little bit. They’ve got, certainly we’ve highlighted, they’ve got a growth problem. And, you know, they’ve got inflation at 2.4%. I’m not sure if the eurozone is growing at 2.4%. So that’s, you know, that’s a longer-term problem. And that’s where, like I said, I think in terms of the Trump administration coming in, the trajectory of the U.S. economy, right, to me, at worst, right, keeps it on track. I heard folks on the financial news this morning referring to the Trump put. Meaning, right, that, you know, he, you know, is any indication of the, you know, his last four, you know, the first four years, you know, he pays attention to the markets, right? He watches that number and, you know, will, you know, just as the old Fed put, meaning, you know, they’ll help continue to prop up risk assets, I think, right? And, you know, Trump’s got a good eye on those things as well and wants them to succeed. So in this case, you know, I think the market and the administration are all going to be on the same team, right? Absolutely. Yeah, and the other piece, I guess, of what we’ve seen this week, right, like I said, it should turn out to be the best week in the NASDAQ since the election. And two things have driven by. Obviously, we talked yesterday about the earnings outlook, earnings picture. Certainly not a ton of companies reported, but certainly a good start to earnings season. It’ll be interesting to see Bill’s earnings grades as the weeks go on in terms of what earnings season is shaping up to be. But the other side this week was interest rates. We mentioned there’s two sides of that valuation equation, one being earnings, the other side being PE ratios or multiples, how much people will pay for those earnings. And interest rates dropped pretty significantly this week, which is helping valuations and helping the market bounce back off of those earnings. support levels that Bill has been highlighting in the newsletter. But we’re done with the first three quarters of the show. We’ll be back for the fourth and final quarter of the Best Docs Now show. We’ll be right back.
SPEAKER 08 :
You’ve got to go where you want to go. Do what you want to do and do whatever. You wanna go Do what you wanna do
SPEAKER 06 :
And welcome back to the fourth quarter, fourth and last quarter of the January 16th edition of the Best Docs Now show. I am Barry Kite, planer analyst here at Gunderson Capital, sitting in for Bill today. And we also have Jeff Webster on the show. He’s our vice president and also advisor here at the firm. I guess I want to take a quick minute. I want to wish… Wish our captain, Bill, a happy birthday weekend. I know everyone at the team is thankful for him and hope he enjoys a well-deserved three-day weekend with the market closed on Monday. So I just want to wish him a happy birthday and hope him and the family have a good time.
SPEAKER 07 :
You’re having a great time together. Absolutely. He’s communicated with me a few times, and they’re having a blast. He’s with his family, a couple of his grandkiddos, and they’re just having a really good time.
SPEAKER 06 :
Yep, and excited and happy that they’re able to do that. Well, one person I wanted to get to this yesterday, and Bill should really be the one to read this because we’ve certainly followed him for a period of time. But it was interesting, I guess, yesterday or the day before yesterday, news kind of came out on – Nate Anderson, the Hindenburg, known as Hindenburg Research, the founder of Hindenburg Research, the big short seller that you’ve heard us reference before. One of the most recent ones was the SMCI one that he really kind of took them down. Of course, they’ve bounced back a bit, and I guess a lot of that stuff, I guess we’ll find out if it was you know, any of it was true or not true. But at this point, I don’t think anything’s really stuck there. But, you know, he had the report on Nikola, if you remember that one back, you know, that was one of the first big ones. He also took down Carl Icahn, IEP, and then Supermicro being one of the more recent ones. Carvana was another one. But basically just decided to close the doors and disband. I know short sellers have been getting a lot of – certainly have gotten a lot of flack over the last few years. You’ve had – You know, big Jim Chanos, who was in the hedge fund industry for years, he shut down his fund in 2023. I think recently, I know the SEC was knocking on the door of, I think, Andrew Weft is his name, a short seller from Citron Capital. So that’s, you know, the piece of the industry that’s, you know, number one, they’re designed to kind of shed the light on, you know, kind of help investors, right? I mean, there’s some things they do good, right? Keeping companies in line, making sure they’re, you know, doing what they should be doing. And, you know, I’ve always heard that, you know, it’s always easier to find a company to short than one to buy, which makes sense when you look at, you know, Bill, look at our… Sometimes you only have 200 names in the B plus or better category, which means there’s almost 4,800 names in the app that might not be as investable. But it’s just an interesting dynamic. That name has been around for a while, and they’re closing their doors. It’ll be interesting to see, I guess, what they’ve got going on next. I always love these lists, Jeff. I’ve got the best and worst performers in the S&P so far in 2025. Give them to us. Yeah. Obviously, we won’t take too much time on this list. It’s only been 17 days or so. But, yeah, we’ve got top worst names. Let’s go worst first. Edison International, EIX, down 23.3%. Moderna, down 19.5%. That name is certainly… Been all over the place since COVID, right? Constellation Brands, STZ, PG&E Corp. My guess is that’s due to the fires in California. And On Semiconductor, you may be more familiar with them than I am. ON is that symbol down 14% for the year. Winners, it’s an interesting list when I look at it right now. Constellation Energy, CEG, that’s one we own, so up 40% for the year, and this is as of yesterday, I believe. Walgreens, number two, that’s not on my bingo card, up 35.8%, by the way. Vistra, number three. That doesn’t include, I don’t know how much they’re down today with that battery fire. Yeah, real quick.
SPEAKER 07 :
There’s that fire up there in northern California in the Monterey Bay area. Their lithium ion battery plant looks like they’re down about 2.3% today. Small piece of their business, but certainly something that’s impacting their stock price today.
SPEAKER 06 :
Yeah, and I saw it. It’s tied to some of the renewable energy resources used to essentially big battery warehouses, essentially, that store power. store energy that was created usually via renewable ways and then stored for battery usage later. So, yeah, that’s a big fire they have there. But, yeah, they’re up 28.5% so far year to date. Number four, Texas Pacific Land Corp., which Bill has talked about a good bit. Obviously, land lease, that’s going to be a big piece on the Trump side. that they’ve gotten a boost from, and then they’re up 24.7% for the year. And the last one, Micron MU, up 23.9%. Micron’s an interesting one. I feel like it’s one of those, if you’re not in it for the two days that it goes up 10% or 14%, then there’s no need to be in it. It’s such a volatile one and moves quickly.
SPEAKER 07 :
I mean, ironically, when you talk about those, you know, one of the chip companies that we haven’t been real bullish on, we talk about occasionally is Intel. Intel is up 7.5% right now.
SPEAKER 06 :
Yeah, on news that there, you know, potentially could be a – someone could buy them out. I know Qualcomm apparently where it is that they’ve made a bid at least for part of the business, if not the whole thing, and then – So the personal computing intel that we’ve known since really the computer revolution, right, especially the personal computer, right, well, who knows? Maybe changing hands at some point. At least it appears that investors would like that given the fact that they are – up pretty significantly today, one of the leaders out there. Well, that’s all the time we have today. Of course, enjoy the market holiday on Monday for MLK Day and the inauguration festivities. Sounds like those parties are already starting in D.C. But if you’d like to give us a call, 855-611-BEST. That’s 855-611-2378. Or you can reach us at GundersonCapital.com. Have a great weekend, everyone.
SPEAKER 02 :
…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. Gundersen 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.