Join professional money manager Bill Gunderson as he navigates through the latest market news, analyzing the impact of critical socio-political events on stock trends. This episode dives deep into the world of rare earth materials, their importance in global trade talks, and the strategic moves investors should consider. Additionally, Bill shares insights on recent horse racing events and how they metaphorically relate to stock market decisions. In a rapidly evolving financial landscape, Bill discusses the latest technological advancements such as flying taxis and their implications for future transportation industries. From cryptocurrency developments to the newest aerospace ventures, listeners will
He’s been seen on CNBC, the Fox News Channel, and the Fox Business Channel. His articles can be found on MarketWatch, Seeking Alpha, TheStreet.com, and many other places. He’s the author of the weekly Best Stocks Now newsletter and the inventor of the Best Stocks Now app. He’s president of Gunderson Capital Management. Here is professional money manager Bill Gunderson.
SPEAKER 03 :
And welcome to the Monday morning, June the 9th, with Waymo’s under attack in L.A. And a big meeting in London today between the Chinese delegation and the U.S. delegation. A lot to talk about on today’s Best Docs Now show. This is professional money manager Bill Gunderson, president of Gunderson Capital Management, and I’m here with Barry Kite, our chartered financial analyst. And the markets have opened a little bit on the squishy side, I would say, with that big meeting in London today. Let’s hope we get some good news out of there. Rare Earths definitely at the top of the menu today. The Dow is down 68 points right now to 42,694. The NASDAQ is up 35. A little bit of strength in NVIDIA, CoreWeave, a few others, but some weakness in other spots. The NASDAQ is at 19,564. Now the S&P is above 6,000 for the first time since February. How about that? We’re at 6,001. We’ve had quite a comeback in the market since those tariff scares back in March. We’ve got interest rates. That’s a bugaboo. We’re up at 4.51% right now. That’s the highest it’s been in a while. And Bitcoin is having a pretty good day. It’s up $1,500 to $107,466. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. We are home in Charles Lakewood Ranch next Tuesday and Wednesday. I’m looking forward to that, as always. And, of course, we had a little bit of activity over the weekend. It’s never a dull moment. Seems like the Trump-Musk feud has simmered down a little bit. Some are saying it was staged by Musk to try to get his fans back. That’s at least Kathy Wood’s opinion, but I don’t know when she’s been right. Maybe she’s right this time. We had a little bit of problems in L.A. Now, look, I lived my first eight years in Los Angeles, and I grew up during the Watts Riots. My father couldn’t go to work. He worked on the outskirts there of downtown L.A., and there were snipers on the freeway. We witnessed the Reginald Denny riots. What was his name, the guy that got beaten up?
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King.
SPEAKER 03 :
Yeah, King. And, you know, they burnt the city down. Rodney King. Rodney King. And then, of course, the Black Lives Matter riots. Now it’s the Hispanics for the most part. Look, I said to my wife many times, I said, you know, the ICE raids are not going to go well in certain areas of the country. There’s going to be fierce opposition to them. And, of course, California would be the number one spot and Los Angeles would probably be ground zero. And they are facing severe resistance, enough so to send in 10 soldiers and Nixon coming. We’re finally on our own as 2,000 National Guard troops are sent in to keep the peace in downtown Los Angeles. And they’re setting Waymos on fire. So Elon thinks he’s got his issues. They were setting Teslas on fire. Well, no opportunity.
SPEAKER 04 :
It’s not just Teslas anymore.
SPEAKER 03 :
Now they’re torching Google Waymos in downtown Los Angeles. So, you know, other than that, it’s just a passive world and we should be invested in indexes.
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Quiet weekend. What did you think about the Belmont?
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I said to my wife on Saturday, this is the best bet I’ve ever seen in horse racing. Now, he wasn’t a long odds. That horse should have been four to five that won the Derby. And I said, you know what? What’s in our account? We have a little account. Serenity. I said put everything that we have on, what’s his name? Serenity or what is it? No, no, no. Serenity. No, no. No, no, no, no, no, no. Yeah. You know, Licks, this was just Saturday. I mean, the horse that won the Kentucky Derby.
SPEAKER 04 :
It was the same one that won the Kentucky Derby, right.
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He’s by far the better horse, by far the better horse than the other one. Sovereignty. Sovereignty. Plus, he had been arrested for four weeks, and the California horse had just run in the Preakness. I couldn’t believe he was two and a half to one. So obviously I had something to cheer about as they come down the stretch, and he just ate up. that California horse journalism. So I’m a happy guy. Got a little play money in my trading, my options account at Betfair or whatever it is. I don’t know. It’s just there. I’ve never taken any money out of it, but I did build it up. That was the best bet I’ve ever seen. Them making journalism the favorite. Now, that does relate to the stock market because I see stocks like that. I go, how come this stock is trading at this P-E ratio? I mean, you could say that about NVIDIA right now. While they’re betting the heck out of CoreWeave and other stocks, there’s better values out there right now. Not to say journalism’s not a good course and not to say that CoreWeave’s not a good stock, but not at those odds. I’m sorry, not at those odds. Okay, well… We begin a new week in the market. We had some activity on Friday. Let me pull up my notes here. Flying taxis are in the news today. What else? I mean, there’s always something fun to talk about on the Best Stocks Now show. Maybe we should fly over Los Angeles instead of drive through it. I don’t know.
SPEAKER 04 :
I remember when the flying taxis were long-duration stocks, right?
SPEAKER 03 :
Yeah.
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Now they’re getting some approval.
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Now you’ve got hedge fund managers loading up. Well, the market finished the week with a nice rally on Friday. The Dow was up 1%. The NASDAQ was up 1.2%. I think there’s a little problem with interest rates right now, and I’m sure you would agree with me there that we’re up over 4.5%. That’s the highest we’ve seen in a while. This is taking a little toll on insurance stocks, on the momentum slash growth stocks, but not that much. S&P closes above 6,000 for the first time since February after a May jobs data report. So no matter what the headlines say, the market said the jobs numbers were good. And I saw a lot of negative headlines, job growth slows under Trump, blah, blah, blah, blah, blah. I just look at the market, no matter who the president is, I just look at the market and the market gave a thumbs up to the jobs report and the initial jobless claims on Thursday with a big rally on Friday. That’s where the market usually goes with the truth. Earnings week ahead, well, you know, we’ve got a few stragglers. Adobe’s a pretty big one. I mean, that’s one of your top five software stocks, maybe top ten. At one time, it was one of the best software stocks out there, or number two or three behind Microsoft and Oracle. as they pretty much were a major disruptor, major disruptor in the printing space, in the photograph. How many companies did Adobe wipe out? Eastman, Kodak, all the photo labs.
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If they didn’t wipe them out, they bought them.
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Printers, printing companies, they were an absolute disruptor. in that space impacting many, many markets. And that’s why, you know, you go downtown to Santa Clara. I don’t think it is anymore, but it was the Adobe Stadium, the Adobe Sports Arena, where the San Jose Sharks play. I was there when it was Adobe. Someone told me they’ve changed the name. It’s probably something AI by now. It’s the Sam Altman Memorial Arena or something like that. But Adobe’s going to report. cryptocurrency oracle yeah it could be the crypto i think the staples senator it’s staple center in la is crypto.com center now it’s past staples a long time ago oracle’s going to sap center now so we still another software company yeah sap jeff webster knows a little something about sap Now, they’re a German company sponsoring an American hockey team. I’m just saying. GameStop is going to report GitLab’s Chewy, which is the dog bone stock, if you’re interested in that, and a few others here and there. But the action today is in London, big time. Okay, they had the talk. It finally happened. Trump and Xi. Interestingly, he’s sending a vice premier named He Lai Fing. So you’ve got Xi and He, both of them. We don’t want to discriminate against anybody here. Chinese Vice Premier He Lai Fing will visit the United Kingdom. Now, he’s like number two or number three man. From June 18th to June 13th, This is a big week in London, during which time he will participate in trade talks with the U.S. This is still ground zero in this whole trade battle, trade war, whatever you want to call it. China’s ground zero, and I see progress coming this week. It’s a good thing. We’ll be right back.
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Thank you.
SPEAKER 03 :
And welcome back here to the second quarter of today’s Best Docs Now show. I’m looking forward a lot to the Tuesday workshop at 7 p.m. at the Even. I don’t know if it’s Evan or Even. It’s spelled Even. So maybe we’ll call it Even. Even Steven, okay? But I’m going to be there 7 o’clock. No matter what. It’s a quirky kind of place, but in a good way.
SPEAKER 04 :
I’m going to call them and see how they answer it.
SPEAKER 03 :
yeah maybe that’s a good idea okay and i uh you know i’m i’m looking forward to that if you can’t make it this time around uh you know i’m going to be going to lakewood ranch every few months you know i got to check in on my sister down there i got a sister she’s finally going to be back in her home from the hurricane in about a month i’m going to say it’s been almost one year time between the Insurance companies cleaning up the mess, the permits, the contractors being overwhelmed with work, dealing with the insurance company. They came up short. She had to come up with more.
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Being displaced all at the same time.
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Being displaced for almost one year. Other than that, it went smoothly. And just in time for the next hurricane season, which has already, you know, I think been declared. So anyways, we’ll be down in Lakewood Ranch on a routine, regular basis and other cities around America. But this next Tuesday at 7 p.m., got the workshop on Tuesday night at 7 and private appointments on Tuesday and Wednesday with the team. So that ought to be a lot of fun. We’ve got a lot of good people down in Lakewood Ranch. We’d love the people down in that area and all the cities we’re in. We have a good listening audience. Okay, MP Materials jumps as U.S.-China trade talks focus on critical materials. I was thinking, you know, what’s on the agenda here? You know, for us, it’s rare earth. There’s no question that that rare earth is very, very important.
SPEAKER 04 :
And that’s really what it’s coming down to. I mean, it’s the difference between chips on one side, right, and rare earth minerals on the other side. And those are kind of those two red lines. And, you know, I mean, that’s where the agreement, you know, all the other stuff, I think, will kind of shake itself out from a trading standpoint. You know, we need each other. We’ve talked about that already. But those… Those two pieces are important, magnets and chips.
SPEAKER 03 :
Yeah, and Trump would love to see them buying a lot more from us. Right now they’re buying all their soybeans from South America, I think Brazil, and he would love to see them. Look what we’re buying from you, China. We would love to see some buying of our goods on your side of the pond.
SPEAKER 04 :
And that was part of that framework initially, right, under the first Trump administration where, you know, basically the Chinese official basically said, you know, once the Biden administration got in there, they just quit buying and nobody said otherwise.
SPEAKER 03 :
Well, and both sides look at each other with a wary eye because, look, I mean, rare earths also used in weaponry and military. And on the other hand, China, this advanced jet engines and technology products, is they’re building up a massive military. So we’re wary about giving them that technology. They might turn around and use it against us someday. So both sides looking at each other. Those are two very sensitive countries. uh… issues those high-speed ships that we have which they’ve got plenty of them i mean they they’ve got that whole uh… uh… you know that whole uh… a i system that they have is full of of nvidia chips but they want easy access to our high-speed chips and we want access to their rare earth minerals mp materials is up 9.4 today. No, they didn’t discover a big find on all 17 minerals there just south of Nevada, Las Vegas. But they’re in play. That’s thought to be one of our most promising sites.
SPEAKER 04 :
And you’ve mentioned it a number of times on the show for probably two years now.
SPEAKER 03 :
We own it in our emerging growth portfolio because we realize the importance of rare earth and finding it here in the U.S., whether it be under the ocean or on the way to Vegas. MP is up 9.5% on three times normal volume right now. And they’re already looking at the other rare earth stocks. uh today uh the asian markets are up a little bit they’re uh let’s not forget they’re hurting over there they’re hurting big time a 30 percent tariff you know a lot of our suppliers over here just saying we’re going to wait till this thing gets settled so they’re hurting I did see a lot of activity at our port. I drove down that way on Friday.
SPEAKER 04 :
The funny thing is, every time I look at it lately, there’s definitely more activity.
SPEAKER 03 :
There’s definitely. There was one leaving the port, and all three parking spots, four parking spots were taken up at the port. uh so there’s really the two sticking points rare earth and the high speed chips and then soybeans you know look i mean it would be nice for our farmers to have access to the markets in china they certainly use a lot of soybeans over there we don’t want them buying from south america okay nuclear power Well, there’s two other big subjects today. The flying taxis, number one, Trump signed an executive order on Friday to really ramp this up. The Jetsons have arrived. Yeah. It has arrived. There’s no question about it. And it’s all you got to do is get locked in on the 405 on rush hour traffic in L.A. Of course, Trump or Musk’s answer was to go underground and Trump’s answer is to fly over it. I just don’t know how many people and how realistic that really is. But. You know, look, I can see lots of times where I would love to have a little robo-taxi and fly right over the traffic and, you know, get there at 250 miles an hour instead of 60 miles an hour. So we’re going to get to the robo-taxis. There’s mainly three main players. There’s also not a lot of news in the drone space today. How can you say that drones are not a growth… Not in a good way. Look at the attacks that are being unleashed in Russia and Ukraine. I mean, Iran has become one of the biggest makers of drones in the world, and not in a good way. They’re not carrying satellite communications. They’re carrying massive weapons. And we have a couple of big drone makers. The third biggest drone maker in the world is in the U.S., in the Los Angeles area, in AeroVirement, A-V-A-V. But I want to talk about nuclear just for a minute. Westinghouse has said to eye a major role in U.S. nuclear revival. Now, this is one we’ve kind of left out. of our discussions and when we come back i think westinghouse at some point it stood alone as a company i remember there was the round table at disneyland the westinghouse of the future and you went around and whatnot as a big company now it’s owned by a couple of big conglomerates westinghouse uh said all 10 nuclear projects that trump announced that he wants to start could use Westinghouse’s signature AP1000 pressurized water reactor design. Who owns Westinghouse?
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We’ll be right back.
SPEAKER 03 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. Now, back to the second half of the show. Thank you.
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And welcome back here to the second half of today’s Best Docs Now show.
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Sector has powered to number one rank in my Best Stocks Now app. That’s an important part of that app is being in the right sectors. There are sectors that are dead. There are sectors that are absolutely dead in the water. Oil and gas come to mind. Anybody who comes to me that owns an Exxon Mobil or Chevron or a BP, those are dead stocks. Halliburton, Schlumberger, those are dead stocks. Will they heat up again and have their day in the sun? Maybe. We’ll see. If that time comes, we’ll see it showing up in the stats. But right now, the nuclear sector is the number one sector out of 66 or so. I’ve added a few lately. Maybe there’s about 70 sectors. There was no AI sector five years ago. I’ve had to add that one. There really wasn’t a nuclear sector. Now you’ve got all these nuclear ETFs as you’ve got this renaissance. Okay, Westinghouse. Westinghouse is in talks with U.S. officials about building up to 10 large-scale nuclear reactors aiming to align itself with President Donald Trump’s recently announced nuclear energy push. The company’s interim chief executive officer, Dan Sumner, said all 10 projects could use Westinghouse’s signature AP1000 pressurized water reactor design. Now, when people transfer portfolios to me from these big firms, Barry, they own the old traditional utilities. Okay, why?
SPEAKER 04 :
Duke Energy SEI.
SPEAKER 03 :
Yeah, Duke is always in there and others. It used to be Edison and the big one in New York, Con Ed and this and that. They’re not good stocks. They’re just not good stocks. They’re interest rate senses. If it’s really like buying a bond and having bond exposure, there’s no growth. Okay, now you’ve got a whole entire growth industry. in the utility sector, with Vistra, with Constellation Energy, and with others. What’s the other one I’m trying to think of here? I’ll think of it here in a minute.
SPEAKER 04 :
Oh, Vistra?
SPEAKER 03 :
Yeah, Vistra. No, there’s another one, too. Valen, Talen, Talen, T-A-L-E-N. Okay, now, Westinghouse is a player. Who owns Westinghouse? Well, it’s owned by two companies. To get exposure to Westinghouse, you have to own A, Cameco, and of course through Cameco you’re also getting huge exposure to uranium oh my gosh look at that stock breakout today CCJ you see that I bet they’re not seeing that over there at the big wire house firms they’re just arriving to work with their bagels and their coffee and You know, they’re pretty slow moving. They really are. Look at the breakout. Do you see that? On Cameco today, CCJ, it’s up 11.2%. Now, wait a minute. There’s another one involved in all of this. This is the kind of work we do at Gunderson Capital. We get up before everybody else does, Barry, you and I, and the rest of the team. We’re up early. And I’m reading. I’m searching. I’m researching. Before I go out fishing in the boat, I want to know where the fish are biting. And I want to have one up on all the other guys out there. Brookfield Renewable Partners is the other one. B-E-P. Now, they’re headquartered in Bermuda. That’s some kind of a tax dodge.
SPEAKER 04 :
There’s a reason why.
SPEAKER 03 :
They can pay a bigger dividend or something.
SPEAKER 04 :
You’ll need a team of lawyers to explain it to you. But there’s a good tax reason as to why they’re there.
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Now, listen to this. Brookfield… pays a 5.9% dividend yield. Do you hear that? Our dividend and growth portfolio, all of a sudden, its ears are burning. Really? We can get a growth? Now, they have exposure to renewable energy. It used to be mostly, mostly wind and solar. Right. But guess what? Well, yeah. So they own a big chunk. I’ll have to look it up. Maybe you can have the answer for me by the end of the show. What percent of Westinghouse does Brookfield Renewable Partners, BEP… Brookfield.com have, but they have several partnerships. It’s not a partnership where you have to follow a partnership return. It’s more like a closed-end fund, I suppose. But they generate electricity in the United States and Europe through the use of renewable resources. And bam, right in the center.
SPEAKER 04 :
Here’s how this trades in. Essentially, Brookfield owns roughly 51% of Westinghouse. Wow. Cameco owns the other 49%. There you go. And the interesting thing is, too, when you look at this, you mention all the time stocks follow earnings and earnings expectations.
SPEAKER 03 :
Look at the earnings growth. Look at the sales growth.
SPEAKER 04 :
And the partnership actually is supposed to, I think at least on the Cameco side, I don’t know, over $170 million or so in EBITDA. And so what is that going to do? Of course, that adds more earnings, right? You crank that into your valuation, and that’s how you get 11% move up for the stock today.
SPEAKER 03 :
Yes, and BEP, Cameco is headquartered in Saskatoon, Saskatchewan, and we don’t know where Brookfield, but probably New York. I’m going to guess they’re in, I bet there’s a big building down in New York, Brookfield.com. But anyways, BEP with that 5.9, that sounds like a good article to write, 5.9% dividend yield. BEP is up today 11% also, right? Let’s see. No.
SPEAKER 04 :
Actually, yeah, the partnership itself is just basically flat.
SPEAKER 03 :
No, it’s up 6.3%. Is it BIP?
SPEAKER 04 :
B-I-P? Okay. B-E-P. B-E-P. I’m on the wrong one.
SPEAKER 03 :
On four times normal volume. We like volume. Turn the volume up. It’s good stuff. All right. Now… This is interesting. China, it’s National Exam Week for the college kids in the universities in China. They shut down China’s most popular AI chatbots, such as Alibaba’s Quinn and Tencent’s Wanbo. So they can’t cheat on their test. Just turn them off for a minute. That’s how a communist country works. Flip the switch.
SPEAKER 04 :
You’ve got to switch for everything, right?
SPEAKER 03 :
No bread tomorrow. No AI during exam week. So that’s how that works. China’s soybean imports hit record high. Well, I would like to see it coming from Iowa. I’d like to see it coming from Michigan. I’d like to see soybeans coming from Nebraska, etc. Instead, they’re buying, and this is obviously part of all of this, they’re buying it from Brazil during these trade tensions. Sam Altman’s biometric eye scanner system expands to the UK. Now, here’s my story. Here’s my boots on the ground, eyeballs on the website. I go to Facebook to look up a local fishing guide who’s on the water almost every day, not at work at all. uh… fishing and not dispelled like a not k n o t this guy is out there in my backyard everyday fishing while i’m here working so obviously when i go fishing uh… i want to check and see he posts pictures of his catch uh… with kind of cryptic where he was fishing information but i can usually kind of tell where he’s been fishing Now, I go on to Facebook last week, and they want me to turn on my camera, look into it, move my eyes back and forth before I can view his Facebook page, Barry. What is Zuckerberg up to? Is that going straight? Who’s that? Where is that going? But you know what? That information is so valuable. For two months, I wouldn’t do it. There’s no way I’m going to look into the camera for Zuckerberg and show him my eyeball so he can record it and keep it on record. Well, the fishing’s… I’m seeing shrimp showing up in the creek. And I’m seeing my son-in-law through the net at the beach on Saturday and got a 16-inch trout in the surf.
SPEAKER 04 :
You need somebody else’s eyes. That’s what you need.
SPEAKER 03 :
So I… Did it. But that’s a scary deal. And Sam Altman’s biometric eye scanner. What are they going to do there with our eyeballs? Not good. Venezuela is prepping a 50% gasoline price hike. That’s how communist countries work. amid oil revenue squeeze. I wonder why. They’ve let their oil fields get dilapidated, and they’ve got all of that oil underneath their feet in the ocean off of Venezuela, and they don’t have enough to even serve their own country, let alone sell it. Oh, well. Okay, when we come back, robo-taxis. What is that up in the air? It’s a bird. It’s a plane. It’s a robo-taxi. We’ll be right back. And welcome back here to the final segment of today’s Best Stocks Now show, Flying Taxi Stocks Soar. After the White House announced an EVTOL, has something to do with vertical takeoff, pilot program. Vertical takeoff, straight up, Barry. You’re caught in traffic. You push the button and straight up and over.
SPEAKER 04 :
Reminds me of the old Harriers. I grew up between two Air Force bases, but I think it was an English plane, the Harrier, and they could just literally take off. Basically just like a helicopter.
SPEAKER 03 :
Yes, and the U.S. says, I saw those over down in San Diego. I saw many naval aircraft that could do that, go straight up and then level off and take off. Pretty amazing, yes. Now, he signed an executive action establishing an electric vertical takeoff and landing. So if you’re wondering what EVTOL is, vertical takeoff and landing. Okay.
SPEAKER 04 :
Add that acronym to your investment knowledge base.
SPEAKER 03 :
Well, when I do the newsletter on Friday and Saturday, I always check it with grammar and spelling. And it’ll come on a word, and it’ll say, you know, either got to change this or add it to the dictionary. You know how many words I’ve added to my own personal dictionary because of all these terms that we didn’t have before?
SPEAKER 04 :
Catch your own language, Bill.
SPEAKER 03 :
Well, I mean, the stock market is out ahead of the dictionary right now. Okay, so… Here’s a few EVTOL players. And, in fact, you’ve got one of the big hedge fund managers, Jason Mudrick. I don’t know him. I’ve never heard of him. But he cashed in on meme stock mania, which I’m not a big fan of. That was GameStop and AMC and the Dog Biscuit Company. He’s now backing a far more futuristic gamble, flying taxis. He’s known for investing in distressed companies. He recently took control of British aerospace startup EVTL, which I looked at. So a hedge fund now owns that stock. EVTL is up 9.5%. It’s based out of Britain. It’s a $500 million company. Now, over here in the U.S., we have two major players, ACHR, which is Archer Aviation. It’s up 8.4%. They’ve been developing. You can watch them. I mean, they have working models. They’re working on designing and developing an all-electric vertical takeoff and landing aircraft, VTOL. And then the other one is Joby Aviation. Now, we don’t own any of these. For me, this is a little bit too far out on the runway for me, okay? Now, Kathy Woods, this is right up her alley. She likes stuff that won’t have a product for 27 years. No, I’m just kidding. But she’s pretty far out there on that scale, and that’s why she got hurt so badly.
SPEAKER 04 :
Long duration.
SPEAKER 03 :
long duration when interest rates went up back in the year 2001. She got crushed, absolutely crushed, 67%. Man, I’ll tell you what, you’ve got to make changes when the Fed jigs, you better jag, and when other things change in the world, you’ve got to be on top of that stuff. You can’t just stay in long-duration stuff. Just ask the bank, Silicon Valley Bank that went down, in California who stuck with their long-term U.S. treasuries and got wiped out, gone.
SPEAKER 04 :
Well, and the biggest correlation to the market period, right, is certainly Fed policy, right? Is prevailing interest rates, you know, likely to go down in the future or up and tends to the market over a long term is, you know,
SPEAKER 03 :
that’s been a huge piece of it so now and just staying in one thing the whole time doesn’t necessarily make sense i mentioned my little betfair account i will call it now the sovereignty account because everything in there now has been actually you know i’ve only i’ve only bet two horses this year just for fun and uh it’s been sovereignty both times and the last bet i made last year was the horse that won the uh breeders cup uh and uh So that’s the kind of account you want to buy the flying taxi stocks in. in your uh… sovereignty account you know at betfair uh… have a little fun with it watch them fly over your head the flying taxis uh… you don’t want to see your your ira invested in the flying taxis and see it you know take off and never land that’s not good uh… and then of course the drones on this on this onds bags a fourteen point three million defense contract for drone systems ONDS, you can add that to your drone. There’s not a lot of drone stocks. ONDIS is up 16.5% today. They’re out of… I can’t tell where that is. That looks like the Netherlands. I’m going to say that’s in the Netherlands. Either that or Nevada, one or the other. That’s a weird abbreviation they’ve got there. Okay, and then, of course, you’ve got AVAV, which is our favorite drone stock. It’s up 2.4%. It’s the third biggest maker of drones in the world. The other two, now, they’re headquartered in Arlington, Virginia, AVAV. But they do a lot out in the Los Angeles area, not too far from Santa Anita Racetrack in Monrovia, because I’ve passed it a few times on my way to Santa Anita to spend a day, you know, picnicking at the park and this kind of thing. The other stock, you know, another, I don’t know, the crypto stocks, this Circle. Circle went public on Friday. And it’s the stablecoin stock. It doubled in its first day of trading. Then it went up another 30% on Friday. And now it’s up another 12% today. These are the kind of things I wouldn’t even buy in my… in my sovereignty account. That’s just me. I don’t have a good feeling about crypto. They provide digital currencies. They’re the stable coin, which is a little bit different animal. But that’s the hot IPO recently. Let’s see. NVIDIA, UK financial regulator, team up for an AI sandbox. Oh, Wang is also in London today meeting with the British prime minister. They’re having a big tech week over there. So a lot going on in London today, this week. The China negotiations and Jensen Wang there is part of that. Well, I hear the music. We’re out of time. I’ve got over 1,000 charts to look at. I hope I don’t have to show my eyeballs to see my charts to Zuckerberg. If you’d like to set up an appointment with us, 855-611-BEST, 855-611-BEST. If you’d like to reserve a spot, Lakewood Ranch next Tuesday and Wednesday, same number, 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIBC and FINRA.
