In a week charged with earnings reports and geopolitical tensions, Bill Gunderson unpacks the unfolding story of trade tariffs and financial strategies. From the recent announcements boosting Apple and NVIDIA to the complex trade discussions between the U.S. and China, explore the key elements driving today’s economic narratives. Also, find out how major banks fared in their latest earnings reports amid the backdrop of global financial uncertainties.
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 06 :
And welcome to the Monday morning. It is Good Monday. It is the April 14th edition, the day before the tax deadline. 2025 edition of the Best Docs 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 there’s a lot of green on my screen this morning. Could it be that we called the fourth bottom in the last five years? Well, only time will tell, but it looks pretty good right now. The Dow is up 508. That’s 1.3%. The NASDAQ is up 1.8. That’s 300 points to the upside. The S&P is up 89. That’s 1.7% to the upside. Small caps up 83 basis points. uh interest rates were down eight points last time i looked and we’re at 4.43 now on the 10 years so those are coming down gold’s the only loser today gold is down uh three quarters of a percent to 3 221 dollars per ounce 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 while everybody else was zigging, we were zagging. There weren’t a lot of people that had the kind of intestinal fortitude that we had that things would work out. Now, this book is still being written. There will be chapters added. There will be more all kinds of highlights and big things and bad things happening. But at the end of the day, a lot of the uncertainty seems to have disappeared from the market at least for now, at least for 90 days, I guess. We’ve bought some time, huh?
SPEAKER 08 :
And most were rhetoric-driven, right? And that’s what I’ve been thinking about in terms of this 90 days. I mean, for example, I think you’ve got Scott Besant down in Argentina at the moment, right? And so I think you’re going to have different, over this 90-day period, you’re going to need to see some agreements with certain countries be made. And so you’re getting a little bit more certainty because at some point that 90-day window, right, becomes uncertain when you get on the back half of that, right, if you haven’t had some progress. So we’ll see where things go.
SPEAKER 06 :
And this whole trade tariff war has really narrowed down to China. I mean, all the other countries, they’re going to come to the table and work things out. It’s a little disappointing to see China not back down at all over the weekend. In fact, if anything, they stiffened their neck even a little bit more as they cut off rare earth metals from us. And there were no phone calls. The phone did not ring over the weekend.
SPEAKER 08 :
But you also had some reprieve, right, for Apple. Apple’s getting a bump today because of some news from the administration over the weekend, right? So as we kind of talked for a while, I mean, it’s been a roller coaster. It hadn’t been fun, but as we’ve talked, it’s really… A tweet or anything, right? A true social post, anything that can move the market at the moment, which makes hedging hard. It makes it almost impossible.
SPEAKER 06 :
I saw Bank of America, Merrill Lynch, today. Their analyst is short. The S&P 500. He recommends shorting the S&P 500. That does not make sense to me, but hey, that’s what makes for a market. Well, let’s pick up where we left off on Friday, which seems so long ago. We were down 1,000 points on Friday, but let’s not forget on Thursday we were up 3,000 points, so… Talk about a bouncing ball and a yo-yo. It has been quite the dramatic moves here recently. The NASDAQ on Friday was down 737 points on uncertainty. The S&P was down 189 points, but the tug of war continues. I liken it to Moses and Pharaoh. China keeps getting a plague thrown at them, and they respond with one of their own. And that’s just kind of the way it is right now. At some point, you would hope that China would relent. And, of course, Thursday was the real big day to the upside when Trump took office. off the tariffs on all the countries except for China for 90 days. One of the reasons you could say is how do you do 90 negotiations simultaneously? You can’t do it. You’ve got 90 countries that want to negotiate, and I would think you would begin with the most important ones and work your way down to Suriname, right, or whatever other country, Congo or whatever other trade partner is out there.
SPEAKER 08 :
I think you take some low-hanging fruit first and then show some momentum.
SPEAKER 06 :
Okay, well, NVIDIA is having a good day today. It ticks up. The company says it will manufacture and test chips in the U.S. Well, I have to believe that that’s not the black well, because that’s only made by Taiwan Semiconductor in Taiwan. But it sounds like they’re going to make other chips here in the U.S., which as far as I know.
SPEAKER 08 :
It sounds like they also called it supercomputers, which, you know, what’s the difference between a chip and a computer, right? I don’t know. But, yeah, it’s an interesting just announcement. NVIDIA got a little bump from it. And, you know, frankly, I think, of course, administration wins on any of these types of announcements.
SPEAKER 06 :
Well, actually, it is NVIDIA. It says in a post on their website, it had commissioned more than a million square feet of manufacturing space to build and test NVIDIA Blackwell chips. Blackwell. So that’s one step. Or is that the latest one?
SPEAKER 01 :
That is the one.
SPEAKER 06 :
That is it in Arizona and AI supercomputers in Texas. So they do plan on building Blackwell chips. which there must have been a negotiation with Taiwan because Taiwan was not going to let those chips be manufactured outside of Taiwan. That would certainly be a big win if that’s true because obviously Taiwan was always under the cloud of a China invasion and getting that NVIDIA Blackwell chip manufacturing here in Arizona would be quite a big win. And, of course, the AI chips for the supercomputers being built and tested in Texas. So NVIDIA is working with Amcor Technologies. Okay, let’s check on Amcor. I followed them for a number of years, AMKR. It’s only up 2.6%. But that seems like a pretty big win for them. The engines of the world’s AI infrastructure are being built in the United States for the first time, said NVIDIA founder and CEO Jensen Wang. Now the question is, going to be built at Taiwan Semiconductors plant or is… Are they making one themselves? Is NVIDIA going to diversify away from Taiwan?
SPEAKER 08 :
To me, it almost sounds like they’re going to be a big part of the manufacturing process, and obviously you just mentioned their partner, but it looks like they’re kind of diversifying their supply chain potentially.
SPEAKER 06 :
Yes. Well, it says that NVIDIA has already started production at Taiwan Semiconductor’s FABs in Phoenix.
SPEAKER 08 :
Okay.
SPEAKER 06 :
So I guess they are. And additionally, they work with manufacturing partner Foxconn, which is Chinese, to build supercomputer manufacturing plants in Houston. Houston, listen to this. You’re getting NVIDIA chips made in your hometown there. And another partner, Wistron, in Dallas. Mass production at both plants is expected to ramp up in the next 12 to 15 months. So you know what? That’s not too far out, really. It’s a good thing they got a head start on building those plants. Now you would think NVIDIA would be up a little more today, but it is up 1.44%. And it is well off of its recent low. NVIDIA got down to, let me just take a look here.
SPEAKER 08 :
The forward PE is 24.5. Every time I look at it, it looks like a good deal.
SPEAKER 06 :
Well, NVIDIA recently got down to 86. We held our ground on NVIDIA. We bought more. And from that point, it’s up $26 a share. What’s 26 divided by 86? That’s pretty good. That’s about a 25%, 30% move off of the low. You could have picked up NVIDIA at 86. Don’t say I didn’t tell you.
SPEAKER 08 :
You got a 51% earnings growth next year, 26 the year after that, and 15 in 2028. I mean, and you’ve got a PE ratio of 24.5.
SPEAKER 06 :
Okay, so NVIDIA, not a big move out of NVIDIA. And they don’t have to worry about tariffs. NVIDIA seems to be tariff-free at the current time. European indexes start the week with strong gains led by tariff relief for tech. So let’s take a look at VGK, which is Europe. VGK, it’s up 0.5% today. But when we come back, where are we at with China? Because they are the elephant. The elephant in the room right now. And as of right now, like the Tom Petty song says, we won’t back down. You can back us up to the gates of hell and we won’t back down. We’ll be right back.
SPEAKER 1 :
We’ll be right back.
SPEAKER 06 :
And welcome back here to the second quarter of today’s Best Stocks Now show. Well, last week, Besant, our Treasury Secretary, Scott Besant, was quoted as saying that China only had a pair of twos in their hand, which is not a very strong poker hand, obviously. But one of those twos seems to be rare earth. And I would say another card they have in their hand is… the ownership of u.s bonds which i think there was some big selling last week by china driving interest rates up because today japan said we’re not going to be selling your bonds don’t worry about us we’re not going to use that so i don’t know if they were referring to china or what but the whole rare earth thing definitely uh you know they’re they’re needed okay for a lot of things china suspends rare earth exports as trade war with u.s escalates so You know, that’s bad news, actually, because it shows that China is not backing down yet. There was no dialogue over the weekend. China has suspended rare earth exports in retaliation to President Trump’s recent tariff hikes. The Chinese government is drafting a new, of course we won’t let them have the Blackwell chips, drafting a new regulatory system for exports. So this is all still part of the negotiation. Beijing produces around 90% of the world’s rare earths. a group of 17 elements used across the defense, electric vehicle, energy, and electronics industry. And so that’s one of the chips that China has. Now, on the other side of this whole thing, Trump is, where is that story? My MP Materials is soaring today, which is Mountain Pass. They’re probably our number one rare earth miner. They got a permit along with that other one, TMC, I think, Metals. to mine undersea. Okay, maybe we’ll be led somehow.
SPEAKER 08 :
Or land underwater, right?
SPEAKER 06 :
Yeah, undiscovered, right? Unexplored. You know, I saw this morning that BP just discovered a massive oil field right off of Louisiana, and I thought, Man, that’s been sitting there all these years.
SPEAKER 08 :
How have they not been looking? Right, yeah, just magically found it, right?
SPEAKER 06 :
Napoleon made a bad deal selling all of that.
SPEAKER 08 :
We’ve seen the purchase, for sure. In Alaska, don’t get me wrong, Russia selling Alaska was another thing.
SPEAKER 06 :
Sewell’s Folly, they blamed us for it. And look at what Russia could have that strategic military base up there to keep an eye on us. But that Louisiana Purchase was a heck of a lot more than just Louisiana.
SPEAKER 08 :
It was basically from essentially almost coast to coast in certain instances.
SPEAKER 06 :
All right, so they’re going to start looking for rare earth. If you see any, if you’re a diver or a snorkeler or whatever…
SPEAKER 08 :
uh there’s 17 different ones to look and the key is refining it so that’s one you know one of the big deals with uh with china is of course you know they have the a lot of them are not only do they have a lot of them but they also are one of the big you know refiners of these things so um you know those are that’s part of the production process that takes a little you know it’s going to takes a little while to replace versus you know just finding it and mining it so
SPEAKER 06 :
So we’ll keep our eye on possible potential rare earth stocks. They will rise in the app. They’ll rise up in ranking or they’ll become A plus in momentum. And we’ll see if there’s other ones. But MP is the play right now, Mountain Pass. MP Materials is actually, they changed their name. China is okay. Our trade deficit is about $100 billion a month. Yeah, about $100 billion. So it’s almost $1 trillion a year. China’s trade surplus just came in. Yes, you heard me. You heard that right. Surplus. This is their surplus, okay? China’s trade surplus surged to $102 billion in March of 2025, up from 59. This is for all the countries they trade with. the same period a year earlier exceeding mark well i’d i know what’s going on everybody is is uh… ramping up their buying right now until before the tariff set and uh… so they have a record it’s a boon right now but it could dry up uh… very very quickly and in the meantime uh… president xi is visiting he’s not coming to america he’s going to hanoi vietnam He’s going to other countries in Asia, Cambodia, Malaysia, trying to seal up deals with them instead of making a deal with us. He’s trying to boost Southeast Asian ties. But you know what? They’re not buyers like we are. Nobody buys like America buys, and they desperately need us as a customer. I mean, if you listen to Besson, and if you listen to these trade guys, Navarro and others, they say China’s economy would shrivel up without us buying their products. Let’s see here. Oh, you know, here’s another thing. This just kind of, for me, reinforces that we’re doing the right thing. British Steel, okay? This is UK, okay? They regret ever bringing China into their sensitive steel industry, which they did. And you know what? The UK government is turning around and kicking China out and taking effective control of Britain’s last remaining factory that makes steel from scratch from its Chinese owners after lawmakers approved an emergency rescue. The UK admits that they were naive to allow sensitive steel industry to fall into the hands of a Chinese company. Britain’s business secretary said on Sunday after the government took control of British steel. So, you know, there is a backlash right now against China. And if anything, China is being isolated as kind of the bad actor in the whole global trade system. And, you know, it shows also in Xi running to Vietnam and Malaysia and Cambodia, kind of running to shore up the relationships there as other relationships sour against him. Okay, let’s see what else we’ve got going on here today. Earnings week. Okay, as I looked at the earnings reports, there weren’t a lot. I mean, we’ve got 10% of the companies reporting so far. Yeah, I mean, you’ve got Goldman today, that was this morning. Yeah, and, you know, it currently sits at 7.1% is the projection for the first quarter of 2025, which ended two weeks ago. And now the companies are getting ready to report. This week we had several big banks on Friday. That was the kickoff of earnings season. And nothing changed last week. We’re expecting 7.1% more in earnings this quarter versus the same quarter last year. The analyst estimates we’ll talk about when we come back. For this year and 2026 and 2027, there’s been a little change. Let’s take a look at who’s going to report this week because there are some big ones. that could move the needle, and we could get some more color here on how the tariffs are affecting our companies. We’ll be right back. This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting-edge stories that I can. To get two free weeks of my newsletter, go to GundersenCapital.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 02 :
Welcome back here to the second half of today’s Best Docs Now show. Well, today we had Goldman Sachs reports.
SPEAKER 06 :
They are considered one of the money center banks these days. And Goldman Sachs is up 2.3%. after their report. And I would say that all the big banks did okay with their reports. I think they pretty much all beat a little bit. So nothing really bad yet.
SPEAKER 08 :
Record trading revenue for Goldman Sachs, which is pretty interesting. Of course, it’s funny, their money management unit actually lost money, but all of their bread and butter being lost. Whether it’s some of their private equity, they’ve got a lot of investment banking deals, I think, under the surface that are kind of just waiting to explode. As soon as we get some more clarity from a tariff standpoint, I’m pretty sure, and also a tax standpoint, I’m pretty sure the economic machine will begin to bring those deals to the surface. So good report for them.
SPEAKER 06 :
So far.
SPEAKER 08 :
One we own.
SPEAKER 06 :
Okay, now, tomorrow, Bank of America will report Johnson & Johnson, Citigroup, United Airlines, and Albertsons Interactive Brokers, okay?
SPEAKER 08 :
Albertsons, that’s still a traded stock.
SPEAKER 06 :
Can you believe it? Yeah, I don’t think they allowed that merger with Kroger yet. So now, on Wednesday, we get Abbott Labs. Kinder Morgan, ASM Lithography, which is the Netherlands, Alcoa, U.S. Bank Corp., CSX Railroad, Prologis, which is one of the biggest REITs, Travelers, Citizens Financial Group, Progressive, one of the biggest auto insurers out there, And on Thursday, we get one of the big, I think Netflix is still a fabulous seven. I don’t know. I mean, that changes all the time.
SPEAKER 08 :
It might be one of the only ones left after some of these last.
SPEAKER 06 :
If it is, it’s the best one. It and Meta. Okay. Netflix will report on Thursday. They usually have some pretty. blockbuster type reports pardon the pun uh taiwan semiconductor will report on thursday united healthcare blackstone american express truest dr horton charles schwab uh and fifth third and then good friday nobody will report And we won’t report either because the markets will be closed. Oh, oh, that’s a good Friday in many ways. I’m happy to have a day off and the markets will be closed and I will not be doing a newsletter this weekend. Hopefully nothing big happens. So far we’re off to a fairly mellow start. Canadian and Danish pension funds rethink U.S. investments. Okay, you know, whatever, right? Okay, like the U.S. is all of a sudden the bad guy. You know, these countries probably don’t buy Israel or U.S. companies, but they’re okay with, you know, the sweatshops in Vietnam and forced labor in China and whatever else that they buy. So anyways, Canadian and Danish, well, they have a problem with DEI and all this and that. MP Materials, TMC Surge. as Trump plans order to stockpile deep sea critical medicals. Well, you can’t stockpile them until you find them first, it seems to me. But he’s drafting an executive order to enable the stockpiling of critical medicals from the Pacific Ocean seabed. They must have some kind of an idea of what’s out there. to counter China’s dominance of battery minerals and rare earth supply. And of course, his backup plan. which I don’t know, it almost seems like it would take military action. Well, Ukraine is one, and then third behind that would be Greenland, which almost would take an invasion of Greenland, which I think we could probably take but upset the rest of the world. Bank of America, who reports tomorrow, is short the S&P 500 until the trade wars calm down. Investors should short. That would be SPY SH is the opposite until the Federal Reserve cuts hard to break the liquidation cycles. They’re waiting for the Federal Reserve for a big rate cut. That may be a while. They might have a long wait there. This comes from Michael Hartnett, who is the chief investment strategist of B of A. He also said that the era of U.S. exceptionalism is ending. Well, I wouldn’t put him on the Trump fan ledger.
SPEAKER 08 :
I mean, that whole report sounds like it was likely making it through the compliance channels before this past midweek, whenever you had an announcement that moves the market up 12% in a day.
SPEAKER 06 :
And as I said, even these market analysts are political now. The era of U.S. repudiation is starting. It’s the end of the U.S. buys the rest of the world’s goods and the rest of the world buys U.S. Treasury, says Michael Hartnett. I would not count him a Trump fan, which obviously there’s a lot of those. Neil Young’s not a Trump fan. He said they messed around with his citizenship or something like that. At least his girlfriend, Daryl Hannah, from Splash. I think that was her only movie, wasn’t it? Splash.
SPEAKER 07 :
I think she was in the baseball movie.
SPEAKER 06 :
Oh, yeah. Okay. Let’s see. Not a league of their own, but the one with Kevin.
SPEAKER 08 :
Yeah. Yeah, that’s it. Tom Hanks. Yeah, league of their own.
SPEAKER 06 :
I think that’s the one. Major league. No, Tom Hanks was not Daryl Hannah. That was the other one.
SPEAKER 08 :
That wasn’t Daryl Hannah?
SPEAKER 06 :
No, Davis.
SPEAKER 08 :
Definitely Splash. We know that one.
SPEAKER 06 :
Definitely Splash. And, you know, Neil Young got really angry after he – I went to a concert of his at UCSD in San Diego. And he was just angry. It was really an uncomfortable concert to be at. One guy yelled out at him and he responded with just a really vulgar laced response to the guy. It was all about Monsanto. That wasn’t when he was on his seeds, genetically modern. Well, look, by September we’re going to know what causes the autism according to RFK. If you don’t know, he has a son that’s very heavily… has autism uh… and that’s why one of the reasons neil young bought twenty percent of lionel trains uh… because his son really relates to lionel trains and mechanical kinds of things we’ll find out if it was the genetically modified seeds which is another Another suspect in it all and what caused autism, 1 in 32. Now listen, I talked to my son-in-law who is over at Fort Jackson. I spent some time with him over the weekend. They have a Spanish exchange student, Barry. She’s a 17-year-old from the north of Spain. Very nice girl. Speaks very good English. She says they don’t have autism in Spain. Okay, go figure. Why don’t they have autism in Spain? And we’re 1 in 32 in the USA. So, boy, that’s a mystery, and I’d like to see them get to the bottom of it. Pfizer has been one bad decision after another. They were in the right place at the right time and got all those vaccine contracts. Then they started down the road of weight loss drugs. They’re pulling the plug on that one. They’re discontinuing their weight loss candidate. Pfizer is just a bad thing.
SPEAKER 08 :
And they were already behind. So they were already, you know, over a year behind on an oral pill. And this puts them, you know, I heard something that essentially puts them, you know, three to four years behind now.
SPEAKER 06 :
Well, they pulled the plug on it, totally. So, well, you know, that was the new LePron. They’re going to have to buy their way into it.
SPEAKER 08 :
They’d have to buy a Viking. I was seeing some things today about what Pfizer would have to do, right, potentially to even catch up. I think they’re just going to ditch it.
SPEAKER 06 :
Just ditch it. Everybody else is on it already. Best Buy up 5% today on the confusion concerning the tariffs on electronics. That’s kind of going back and forth on all of the electronics. But Best Buy is up 5% today. And, you know, the one that got the biggest break, obviously, and I’m kind of surprised that they did a cutout for Apple.
SPEAKER 08 :
Yeah, up 3.8%.
SPEAKER 06 :
Yeah, it was up 5%, but there’s not going to be any tariffs on iPhones and other technology products. important technology that’s made in China. So, man, they’re breathing a big sigh of relief.
SPEAKER 08 :
I think PCs were mentioned, too. Yes, Dell. You’ve seen some strength in AMD recently. Yep. Which could be part of that.
SPEAKER 06 :
It could be a good value play at this point in time. I was looking at the forward PE of AMD the other day. It was 12 or 13. Yeah. NVIDIA and Broadcom still among B of A’s top chip picks. How can they have top chip picks if they’re saying to short the S&P 500? I mean, that would be the last thing I’d buy would be a semi-conductive stock.
SPEAKER 08 :
They’ve got two different messages right there.
SPEAKER 06 :
Yeah, Michael Hartnett. Well, they’ve got the macro guys and the micro guys. They must be opposite ends of the hall and don’t really speak to one another, I guess, is the way that goes. When we come back, we’ll take a look. underneath the surface of the market, see if anything’s brewing here, as, you know, more and more of the uncertainty gets carved away every day from this so-called end of the world as we know it, which a lot of people were calling. This is Bill.
SPEAKER 03 :
You gotta go where you wanna go. Do what you wanna do. And then whoever you wanna be.
SPEAKER 06 :
And welcome back here to the final segment of today’s Best Stocks Now show. Okay, let’s look at the Dow. Apple, the winner there, and that’s part of the move higher in both of the indexes, or all three of the indexes. The Dow, Apple’s a member of the Dow. Apple’s a member of the NASDAQ. Apple’s a member of the S&P 500. I still don’t like Apple myself. I didn’t like it before the tariff, so why would I like it now? I just don’t see the growth, and I can’t make much more than… I have 56% upside potential over the next five years, unless they come up with some kind of new blockbuster product. uh i mean the only thing i can imagine i can’t imagine anything right now out there that could become that product nike is up 3.5 percent okay that’s obviously because all of that worry about their shoes being made in malaysia indonesia vietnam wherever else cambodia that’s that stock’s putting in a very nice bottom by the way would i buy it You know, maybe in the relative value account, maybe. But they’ve also, they’ve lost their mojo big time. Their growth has just disappeared. And so I don’t know. I don’t know. They need a turnaround person. Boeing’s got some life to it today. And Boeing’s not a bad chart either. It is up 3% today. DuPont is up 2.8% today. There was some worry there about tariffs against DuPont.
SPEAKER 08 :
uh so like as i say a lot of uncertainty is coming out of the market day by day have you seen the power tier today that’s a big uh big story with the uh in terms of they’ve got some deal with nato in terms of some ai powered uh powered uh weapon systems and i mean that’s what When you talked about the budget, remember the big where Palantir’s big sell-off.
SPEAKER 06 :
And Europe is spending a lot more on their own defense, mind you.
SPEAKER 08 :
Right.
SPEAKER 06 :
And Palantir is our biggest winner today, and it’s our biggest position, if I’m not mistaken. No, NVIDIA is our biggest.
SPEAKER 08 :
It’s pretty close, yeah.
SPEAKER 06 :
Palantir may be number two.
SPEAKER 08 :
Right.
SPEAKER 06 :
Okay, so we’re doing okay today. IBM is up 2.6%. That’s got to be on the carve-out for tech. Caterpillar is up 2.4%. I’m sure they do a little offshoring with their manufacturing. Goldman Sachs is up 2.4%. Travelers is up 2.3%. NVIDIA is only up 1.6%. The only loser in the Dow today… is well of course Michael Hartnett over there at the Bank of America who’s short or he’s short the S&P 500 the only down stock in the Dow is United Healthcare which has been a beleaguered stock But it has come back. I mean, it’s up 35% over the last three or four months here as UNH. Okay, now if we look at the NASDAQ, let’s see who’s benefiting here today. Well, China stocks are doing okay today. Trip.com is up 7.7%. JD.com is up 5.7%. Intel.com. is up 5.6%. That’s got to be on the tech carve-out. Micron is up 5.5%. I’m not a fan of Micron stock, but it is up on the tech carve-out. Western Digital is up 5%. Seagate is up 4.9%. So tech doing well today. Texas Instruments is up 3.8%. The losers in the NASDAQ today, there really aren’t any. I mean, you’re looking at out of 100 stocks, only three are slightly down. That’s what we call good breadth. Good breadth in the market. A lot more stocks are up than down. I mean, like, what, almost 100 to 1 there in the NASDAQ. 97 to 3, so maybe 35 to 1 or something. S&P 500. Very few losers. Humana is a loser. Kohl’s is a loser. Kohl’s is down to $6.56. How low can it go? It was recently 21. Now it’s at 655. I think it’s probably heavily shorted. I think it becomes another Best Buy where Kohl’s is gone. I don’t know how they survive. It’s now a micro-cap stock at $728 million, not even a billion anymore. Okay, also in the S&P 500 on the losing side, UnitedHealthcare, the airlines, Chipotle, and Harley-Davidson. Okay, now on the upside… Out of 500 stocks, I’m going to say 480 are up today. Palantir, number one, up 8.4%. That’s our second biggest holding. BBWI is number two. That’s Bath and Body Works. It’s up 7.4%. Estee Lauder, up 5.6%. Micron up 5.6, Intel up 5.5, and then it’s mostly tech related that’s doing very, very well today with this carve out. Okay, well, we put together our tentative schedule here for the rest of the year. Our next trip, we’re going to do Cleveland, I think it’s six weeks, seven weeks from now, something like that. We’ll have an update on that. We couldn’t get our marketing together, and the turmoil in the market kind of set us back a little bit. But Cleveland is coming, but we’re going to go back to Lakeview Ranch. We have that scheduled as our next trip. Lakeview Ranch, I don’t have the schedule in front of me, but it’s maybe four or five weeks out. and we’re gonna do a workshop there on a Tuesday night at the Grove and then have appointments Tuesday and Wednesday and then Cleveland’s like four weeks after that and then Bloomfield Hills is like four weeks after that and then I think San Francisco we’re gonna get out to the Bay Area this year and do a Tuesday night workshop and meetings on Tuesday and Wednesday and then Minnesota And then I think Houston, and then I think Pittsburgh. I think that’s how it shakes out. So we’ve got the travel bus ready. The engines are purring out there, and we’re ready to have charts. We’ll travel. In the meantime, if you’d like to set up an appointment with us, it looks like we did it again. We called the fourth bottom now in the last five years. When everybody was zigging, I… I looked at logic. I read stories. I watched interviews. And I came away with the conclusion that you may still doubt it, that everything’s going to work out. And the charts have improved dramatically. The big down days hopefully are behind us. Oh, there will still be some more. And we’ve put a lot of money to work here recently. Now’s a good time to be with Gunderson Capital. Give us a call. Set up an appointment. 855-611-BEST. 855-611-BEST. And what a great time for a free four-week trial of all of our live trades. GundersonCapital.com. GundersonCapital.com. Have a great day, everybody.
SPEAKER 05 :
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.
