Bill Gunderson provides a detailed analysis of recent economic indicators and market performances. Highlights include the volatility of tech stocks, particularly with the upcoming earnings reports from major players. The discussion extends to energy sector developments and the role of autonomous vehicles, with Tesla at the forefront. This episode also touches on the influence of geopolitical decisions, such as U.S.-China relations and military authorizations, which are critical in shaping current and future market directions.
He’s been seen on CNBC, the Fox News Channel, and the Fox Business Channel. His articles can be found on MarketWatch, Seeking Alpha, thestreet.com, and many other places. He’s the author of the weekly Best Stocks Now newsletter and the inventor of the Best Stocks Now app. He’s president of Gundersen Capital Management. Here is professional money manager Bill Gundersen.
SPEAKER 03 :
And welcome to the Monday. It is a new week. It is November the 18th, and that is the live edition of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, and I’m here with Barry Kite, our chartered financial analyst. We’ve got a little bit of a mixed market here so far with the Dow up 50% and the NASDAQ down 50%. or the NASDAQ up 50 and the Dow down 50. Mostly, well, NVIDIA is kind of leading the Dow to the downside, and NVIDIA will report earnings here this week. The NASDAQ, on the other hand, is up 58. It’s mostly Tesla. Tesla is sitting in a good spot right now. We’ll get to that in a minute, what’s going on there today. The NASDAQ is up 53, but most of your big tech stocks are not participating in this little rally in the NASDAQ. The small cap stocks are about flat right now, and we have the S&P 500 up just seven points right now, one-tenth of one percent. Let’s take a look at the commodities. We’ve got crude oil up a little bit, 1.8% at $68.23. Gold is up 1.7% to $2,613 per ounce. And Bitcoin is up $3.29. Bitcoin had a huge week last week. It’s at $90,502 today. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Kite, our chartered financial analyst, and a big community of followers that will follow along today to see my comments on the market. The major story from last week is the market settled down considerably from the big rally. In fact, you can look. I showed the day-by-day blow in the chart of the day before the election, the day of the election, the next day, and the next day, and then kind of the sell-off and the settling of of the markets since that point in time and I would call today another settling day. I would not call it a rally day at all. Last week the NASDAQ was down 3.2% after that huge gain during the election week.
SPEAKER 04 :
And a lot of it on Friday.
SPEAKER 03 :
Yeah, a lot of it was on Friday. Small caps were down 4.1% last week. China was down 4.2% last week. The big winner was Bitcoin, up 19% last week. Holy cow. Crude oil was down 4.9% last week, and gold was down 4.6% last week. So the gyrations continue. The Trump trade lasted for about three or four days, and for now it has definitely worn off as the market settles in and kind of sees where different things land, who gets nominated for what, what kind of policies. There’s some very big news in the global news here today that I think could be impacting the market a bit. And a whole lot more going on, including some big earnings reports that we’ll get here this week. So we close on a very weak note on Friday. The market was overdone the previous Friday. I said, look, we’re at 22.1 times forward earnings. This is as high as it’s been in two, two years, three years, two years. And something needs to give here. And it did a little bit, not enough. I still think it’s overblown quite a bit here. And it’s going to continue to settle. But other areas of the market are not settling. They’re starting to pick up some steam. The biggest reason that the market sold off on Friday was our friends at the Fed. Jerome Powell’s comments that, you know, I don’t know about if we need any more rate cuts anytime soon. And that sent the markets in a tizzy. It sent high P.E. stocks in a tizzy on Friday. We also had applied materials earnings that hurt tech on Friday. The chip stocks continue to be very weak. It remains to be seen whether NVIDIA can lift the tech sector this week when they report on Wednesday. We had big pharma in a brutal sell-off on Friday, and the biotechs, and this is mostly a reaction or all 100% a reaction to RFK, being appointed as the HHS secretary. I’ve heard both sides of the argument. He knows nothing about science. And I’ve heard the other side of the argument that science is the one that’s been in charge for the last 30 years while our health is gone. So I’ve heard both sides of the argument. And it did hurt the markets pretty big last week, especially the weight loss drugs are just getting clobbered right now. The biotech stocks, Amgen, which is a member of the Dow, all a big pharma. And, oh my gosh, the vaccine stocks on Thursday and Friday, Pfizer, especially just plummeting because RFK Jr. will be your head of the health and human services uh come january the 20th or when he gets uh if he gets confirmed dude he’s got to get through to the appointment and the confirmation okay
SPEAKER 04 :
I think at a minimum, we’ll at least have somebody asking questions, right? I mean, you’ve touched on it. Get to the bottom of it. Right, you’ve touched on it. In terms of continuing along the same path we’ve been on or take a look and see if there’s some improvement that we can make.
SPEAKER 03 :
Yeah, well, I think the biggest stat that stands out to me is the incident of autism. Now, whether you can trace that to vaccines or not, I don’t know. But there has been a huge increase. 31 in 34 now is born with autism. So there’s something. And he points to 1989. He says that’s when things really started to turn. So at least we can explore this and get to the. Bottom of it, something is not right out there. And what is it? I mean, is it corn syrup? I’ve heard all kinds of different theories on this. So anyways, that was not good for the pharma, big pharma, and the biotechs last week. Now, last night as I checked the futures, the NASDAQ was up 192 points. And, of course, it’s barely up now after the market has opened. It’s mostly Tesla. And, you know, the Trump team plans to ease U.S. rules for self-driving cars. Okay, so I’ve been saying that this is probably the next big thing to come along since AI is self-driving cars, fully autonomous cars, and actually seeing them on the road and pulling up behind them at stop signs and braking for them. I don’t know how it’s all going to go. But the rules are going to be relaxed, and there’s going to be a big move towards self-driving cars, autonomous, fully autonomous vehicles without drivers, which is seen as a big boost for Tesla. So, you know, he did recently. I think it was, what, last month that Elon Musk laid out his case for robo-taxis in general. You’re seeing a sell-off in Tesla’s competitors like Uber and Lyft. And, of course, Amazon is also a big player and Google in these autonomous cars. So all of those are involved, but the one getting the big bounce today, is Tesla once again. And, you know, it appears that Musk has a pretty loud voice in the current administration. That’s a great chart on Tesla. What can I say? Even though their earnings are flat, I mean totally flat. Tesla’s up another 7.9% today, or $26 per share, and it is the biggest percent gainer in the NASDAQ today. The second biggest gainer is Dollar Tree, a really exciting stock that I wouldn’t have much to do with now.
SPEAKER 04 :
Is it still a dollar?
SPEAKER 03 :
Yeah, on the global front, okay, big news. And I’ve checked around with my contacts that I know that are in our military. Nothing top secret or anything, but there was big news over the weekend, I want to say, coming from the Biden administration. With only two months left. in Biden’s presidency, he authorized Ukraine to use long-range missiles to strike Russia. Okay, this is a declaration of war almost. This is a big, big deal. You know, that has been totally off the table until the last, you know, with just eight weeks to go in Biden’s administration, he makes this big call. And don’t forget, these are U.S. missiles that will be fired at Russia. That’s a big deal on the world stage. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. Well, we went to the break talking about Biden authorizing Ukraine to use long-range missiles to strike Russia. And these are U.S. missiles, okay? So that is a very, very big deal. And Russia has said in the past that that is a red line. We’ll see whether or not they mean it. but they consider the use of long-range missiles a direct involvement of NATO countries, and in particular… the United States of America. In the meantime, peace talks are ongoing. World War III talk is ongoing. All kinds of talk ongoing in the Russia-Ukraine. And, of course, Trump ran on one of his lines or promises that he made is he would end that war in the first 24 hours of his presidency. So there’s all these currents crossing. And I don’t think it helps the market here. It’s very unsettling, very unsettling to say the least. And let’s not forget that Biden also met with China, Xi Jinping, on Friday. Thursday, I think it was, down in South America. And China put up four, four red lines in the sand. Now, I bring this up because it impacts the stock market in a big, big way. Number one, the Taiwan question. He says, don’t mess with us on Taiwan. This is Xi talking. He says, don’t mess with us with democracy and human rights. There’s still talks of slave labor, you know, and slave labor camps, building solar panels in China. China’s path and system. Don’t even talk about us with that. That’s our business. And China’s development rights. Those are the four red lines. So China remains a very active combatant, a potential combatant out there. And we definitely have a cold war right now going on with China, especially with the semiconductors and the chips, right?
SPEAKER 04 :
Yeah.
SPEAKER 03 :
And their economy is suffering at the same time.
SPEAKER 04 :
Sounds like a box. He’s got four red lines.
SPEAKER 03 :
Don’t you dare cross any one of these, right? Okay. And…
SPEAKER 04 :
But the missile question, just to touch on that other fact, the missile question from, you know, to kind of allow that so late into your presidency, right?
SPEAKER 03 :
It’s just very weird.
SPEAKER 04 :
It seems, I mean, it certainly seems a little, almost provocation.
SPEAKER 03 :
Provocative. It almost seems like, I mean, your antennas have got to go up and say, is he trying to sabotage Trump? and cause a bunch of conflict here before he leaves office. So, you know, look, I’ll let you decide that for yourself. Speaking of conflict, I hope you didn’t watch Mike Tyson versus Jake Paul.
SPEAKER 04 :
Did you watch that at all, Barry? I did not.
SPEAKER 03 :
Was it a pay-per-view? I don’t know.
SPEAKER 04 :
It was free on Netflix. I heard it was a little spotty in terms of the feed, but we got a senior in high school. He watched some of it. I think I read a review of it, and it said, It looked like, I guess, a 27-year-old man boxing a 58-year-old man, and that’s exactly what it turned out to be, right?
SPEAKER 03 :
Yeah, well, 60 million households tuned in for that, when only 5 million tuned in to CNN for the election night. 60 million tuned in to watch a 57-year-old dude get in the ring against a 27-year-old YouTuber-turned-boxer. Is what that came down to. Well, you know, look, I grew up during the golden era, whether you want to call it that or not, of the heavyweight champion of the world, Muhammad Ali, Joe Frazier. Mike Tyson, of course, was in there, several others along the way. And I was at the fight in San Diego.
SPEAKER 04 :
You had Sugar Ray Leonard, that whole middleweight group, I think Sugar Ray Leonard, Hagler.
SPEAKER 03 :
Now you’ve just got kind of a joke. It’s become really kind of a joke. I was at the Ken Norton, Muhammad Ali fight in San Diego. My father took me. And I watched Ken Norton break Muhammad Ali’s jaw and beat him and become the heavyweight champion of the world. Okay, this is a big story, too, that may fly under the radar a little bit. But oil executive Chris Wright chosen to be Trump’s energy secretary. Why is that a big deal? Number one, he is the CEO of Liberty Energy, which is a big fracking company. And I’m going to talk. I actually have a friend that leaves every couple of weeks, goes to the Permian Basin, and works for Liberty Energy in the oil fields. Okay, so number one, he’s going to be Trump’s energy secretary. You’ve got to believe he’s pro-oil and pro-drilling and drill, baby, drill. And that affects a lot of things. I’ve noticed that the oil stocks themselves have really perked up. I mean, after being really dead in the water for several couple years anyways. And in particular, the liquid natural gas stocks have perked up. The other little nuance here. Chris Wright is on the board of directors of Oklo Nuclear, which is coming up with the smaller, hopefully, nuclear reactors. They have no customers. They have no earnings yet. But they have signed, a couple of companies have signed letters of intent to purchase Oklo’s energy system for data. Data farms and the fact that Chris Wright, who could be the new energy secretary, if he gets voted in and approved, he also sits on the board of directors of a nuclear energy, a burgeoning little, well, all of them, SMR, the ones that are coming up with the new fuel, ASPI. It tells me that, you know, I don’t think Trump is going to ditch nuclear. I think he’s going to follow through with, you know, how Biden was very, very bullish on nuclear energy and had a big plan to really increase nuclear over the years. Okay, and then Transportation Secretary, to replace Pete Buttigieg, is the former Uber executive that they’re talking about. And I can tell you that one of the big plans that the Transportation Department is going to have is going to be autonomous cars. And, of course, with, you know, Vivek and with Elon, whether you like them or not, they have a big say now. And they believe in a future of autonomous trucks, autonomous taxis, autonomous cars, little delivery vehicles, et cetera, robots, especially robots. Musk, obviously, owns a big robotic company within Tesla. which is quite an asset on top of everything else that he owns. So all of these changes and nuances are changing the landscape of the market a big way. And, you know, we saw that the day after the election. We saw it the next two days, some follow-through. Then we’ve seen a settling down here. And you’re going to start to see new leaders emerge in the market as the landscape. has taken a pretty big change. When we come back, we still have earnings. We’re not done with earnings yet. It’s never-ending. No, you get a break of about a month without any earnings, but there’s some big ones this week that we’re going to talk about. This is the Best Docs Now show. We’ll be right back.
SPEAKER 05 :
I’ve been on the right trail, but I must choose the wrong call.
SPEAKER 03 :
Hit it in a bad place, and I wonder what it’s good for.
SPEAKER 07 :
I’ve been in the right place.
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 07 :
And welcome back here to the final segment of today’s Best Docs Now show.
SPEAKER 03 :
Well, you think I’m kidding when I say when these accounts come to us from… larger firm or a regional brokerage firm, I can almost tell you the portfolio, the stocks that will come in. We had one come in today. Here we go. Apple, Abbott Labs, Analog Devices, Amgen, Colgate-Palmolive, Goldman Sachs, Home Depot, the venerable old Johnson & Johnson, the venerable old Kimberly-Clark, Lowe’s, McDonald’s, Pepsi, Procter & Gamble, that’s in every portfolio out there, it seems like the big ones. UnitedHealthcare, Walmart, that is your Wall Street big institution portfolio. And that’s the recipe that they follow. And I’ve seen it time and time and time again. And once again, when I saw those stocks show up today, I said, oh, we must have had somebody transfer it from one of those bigger firms. And sure enough, that is the case. Okay, now. This week in earnings. So far, I’m going to give this earnings season maybe a B- somewhere in there. It’s 5.1% growth in earnings versus the same quarter last year. It’s the usual number of companies beating earnings, about 75% or so. It’s about the usual amount of companies beating revenue. But I have not seen any downgrades, hardly at all, to this year’s earnings estimates next year. and the year after that so that’s good news uh but this week today was pretty much nothing of much consequence but tomorrow will be walmart okay walmart’s a very expensive stock for what they do for a very thin profit margin and a slow growth company uh lows will also report I see Lowe’s in the same light that I see Walmart, a very slow-growing, thin-profit company. And then on Wednesday, you could say that this may be the biggest earnings report of the entire quarter here, Barry, when Nvidia will report. after the close on Wednesday. And it’s anybody’s guess.
SPEAKER 04 :
It took a while to get here. It’s always a late reporter in terms of the earnings calendar.
SPEAKER 03 :
And I would just say that the chip stocks, the sector has been extremely weak. It was a leadership sector earlier in the year. I think there’s a few reasons there. I think one of the biggest reasons is probably the chip war that we’re having with China and not giving them access and not letting Taiwan semiconductors sell to China. And it’s really caused kind of a pause in the entire semiconductor sector. Target will report on Wednesday. That’s the day after Walmart reports. We’ll see how those two are doing in this current environment.
SPEAKER 04 :
It’ll be interesting to see what their description of the retailer is. Yeah, I mean, they’re going to tell you. Trading down or… I did see something where I think… I think it’s 70% of Christmas packages so far, I think, have been bought from, I want to say it was Walmart, Amazon, and I forget what the third one is. I think the third one is Costco.
SPEAKER 03 :
Yeah. I mean, they dominate the retail landscape. Palo Alto Networks will report on Thursday or Wednesday along with NVIDIA. So those are two big ones for Wednesday. And then Deere will report on Thursday and Intuit. Now despite all that, Goldman Sachs says the global economy will continue to grow solidly in 2025, despite trade uncertainty. Well, you know, I would tend to agree with that. We’re not seeing any slowdown. In earnings, we’re not seeing any slowdown in GDP, and we’re not seeing any increases in layoffs. The economy and the jobs market still remain strong. Now, that can change very, very quickly. But we’re just looking and taking in all the facts. that we have at the current time. NVIDIA’s Blackwell chips overheating in servers. That’s how fast they’re working, Barry. The good news is you can heat your bagel in there in the server, and you’re going to have a nice toasted bagel with some cream cheese. So I don’t know if that’s a big problem or not.
SPEAKER 04 :
I’ll never forget when I was in college, I had a guy that worked at a restaurant, the same restaurant I did. He did a lot of RIT work, but he told me one time, he said, Barry, I built… The fastest computer, you know, at the time, he goes for, like, I think he said for 20 minutes, and then it caught on fire. Oh, yeah. Burned the wall. Too fast. In other words, he goes, I had so many fans on it. So, I mean, thinking of, in my head, the amount of, you’ve named off that air condition, you know, air company. And I’m thinking, you know. Yeah, I mean, in other words, you really have to keep them cool. Just your normal AC is not going to do it.
SPEAKER 03 :
Now, I got in trouble eighth grade electrical class where you had to wrap the wire around the magnetic thing.
SPEAKER 04 :
Get the light bulb to turn on.
SPEAKER 03 :
Somehow I crossed. I put the negative where the positive goes or whatever, and that thing started spinning. It started glowing red, and then it took off across the room. Hit some guy in the neck. Oh, yeah. So that’s why I never became an electrician, a car mechanic, anything like that. NVIDIA is said to face key risks from the global trade war. So, look, there’s ups, there’s downs, there’s positives with NVIDIA. You know, I mean, we may have seen the very best days of NVIDIA. I mean, that was explosive. I would expect another explosive quarter. It just comes down to how explosive is it? Was it a million degrees Fahrenheit or was it only 900,000 degrees Fahrenheit? That’s kind of what it comes down to. I don’t like the way the chip stocks are trading. I don’t like the way ASM Lithography is trading. We only own one chip stock. We continue to own Vidya. And, of course, I have between now and the close of the market on Wednesday. to decide what I’m going to do with my position. We’ve got a couple of very weak positions because the landscape has changed. The big drug stocks are just like, wow, with RFK, and yet there’s people out there. Wells Fargo says MedTech should not be greatly impacted by RFK Jr. In the meantime, the charts are showing something different. The charts are showing that they’re scared to death. The vaccine stocks fell significantly on Friday. It was really ugly to look at Pfizer and Novo Nordisk and Lilly. RFK has come out in the past. He’s not for the weight loss stocks, which I can’t see any negatives to the weight loss stocks myself. It seems like a lot of problems go away when people lose the weight. But anyways, they’re selling off. U.S. Pharma is largely immune from Make America Healthy Again, says Wolf Research. They say, don’t worry about RFK. But like I say, the charts are saying something else right now. Okay, let’s see. Spirit Airlines, do you ever fly Spirit Airlines?
SPEAKER 04 :
I was trying to think if I’ve ever flown it. I mean, I always see the plane because it’s a yellow one.
SPEAKER 03 :
At our airport in Charleston.
SPEAKER 04 :
Yeah, but I don’t think I ever flew them. I don’t know if I’m going to get a chance to fly them.
SPEAKER 03 :
No, they declared bankruptcy, so you’ve got to know when you sit down in your seat that the company is broke. That’s not good. And then I saw another one here. This is right after the drug weight loss stocks. Fat Brands. You know, they have some franchises that are just really doing poorly, really poorly. And I looked, they’re floating some notes, 9.5%. Okay, so that gives you an idea. of the high risk in this stock. The symbol, I think, is fat. It’s the opposite of Lily’s Terseptide. Let’s just see what some of their… I know Smokey Bones. We have one in North Charleston. I never see anybody in that place. They own Round Table Pizza. When’s the last time you were at Marble Slab Creamery? Johnny Rockets. which used to be pretty good. I kind of like Johnny Rockets. I don’t know what happened to it. Hurricane Grill. What else do they have? Ponderosa Steakhouse. I haven’t seen one of those lately. No wonder they’re paying $9.50. Hot Dog on a Stick. We used to do a little work for Hot Dog on a Stick many years ago. Twin Peaks Brewery, the pretzel maker. Fazoli’s. Yeah, no wonder. And then, of course, Fat Burger. No wonder they’re paying 9.5% to get a loan. Trouble. Troubled company. All right. Well, let’s see. What else? Oh, no, there’s the music. Okay, so when we come back, we’re going to take a look underneath the market and get ready for a day of exploration underneath the surface of the market. We’ll be right back.
SPEAKER 05 :
And welcome back to the final segment of today’s Best Docs Now show. Let’s begin with the Dow, which has been reconfigured.
SPEAKER 03 :
a little bit recently with the additions of Sherwin-Williams and NVIDIA. The Dow right now is down about 65 points. That works out to 14 basis points. The one dragging it down the most is Nike. That’s not a good chart on Nike. Nike is now a $111 billion company. Nike is breaking support, really. to the downside that I would call it one of the troubled Dow stocks right now, along with the Boeing is a troubled Dow stock. And UnitedHealthcare has been a troubled stock off and on. Pfizer is definitely a troubled Dow stock right now, if you look at a chart of it. And Amgen has also joined the fray as a troubled stock because it’s a big pharmaceutical. That’s a terrible chart on Amgen. I don’t think Amgen should have ever been put in the Dow myself, But who am I? It is now hitting a new 52-week low is Amgen. On the upside of the Dow today is Verizon and Apple. I don’t give much credence to Verizon. You’re going to get a dividend and you’re going to get 1% growth. Apple is number two, up 1.6%. It’s an okay chart, but my problem, the valuation tells me 56% upside potential over the next five years. which is very subpar. And as it relates to NVIDIA, NVIDIA was down 2% this morning, and now it’s made up some of that. Let’s see. NVIDIA right now is down. It’s still down, but not 2% anymore. NVIDIA is down 1.4%. It looks like 1.4 to $140. Yeah. And I would just say that that’s a neutral chart. It’s not a bad chart at all. It’s not a great chart. It’s a little above neutral. I think the street expects a decent report out of NVIDIA. Their last quarter, their sales were up 122%. Their earnings were up 152%. That’s a wait-and-see chart, the way I look at it. It has resistance at 150. It recently became the biggest company out there. They go back and forth in the last couple of weeks with Apple. Apple’s up today. NVIDIA’s down, so the gap closes a little bit. We’ll watch how NVIDIA trades. That’s all I can say. The little sell-off in NVIDIA this morning right now is being bought. And that’s a good sign. Okay, now let’s look at a bigger… A bunch of stocks. It gives us a wider exposure in our S&P 500 and see what’s moving there. I’ve got to believe that Tesla continues to be one of the leaders in the market right now. S&P 500, the percent gainer, best percent gainer, super microcomputer, Barry. You know what? There’s your most controversial stock probably in the entire market. It’s up 11.4% after just getting thrashed. It’s lost 80% of its value in the last four, five, six months with accounting concerns. But SMCI at least has responded to the SEC or whoever the powers to be are. that they need to respond to, that they’re going to be reporting and giving their 10K and all the different things, income statement, et cetera. But there’s not a lot of faith in this stock. It’s up 11.4% right now. got to be a lot of short covering there too today right that uh but apparently they’re gonna come you’re rolling the dice you’re rolling the dice on that rolling the dice just like uh you know i mean a lot of things there okay so now let’s see there’s another one here that i wanted to mention that uh okay smca number two is tesla 8.1 i mean how much is uh musk made since the election
SPEAKER 04 :
Well, yeah, and if you include that earnings release just before the election, right, where I think Wimmer’s wealth moved, I don’t know, 20-something billion, I think, in one day.
SPEAKER 03 :
Yeah, he’s made a lot of money since the election. He’s now got a $1.1 trillion company. And the latest news is that the Trump administration is going to be very favorable on autonomous vehicles. And if the growth is going to come back to Tesla, which I’ve been saying, it’s going to be in the autonomous vehicle area because that’s a big market to address. And at least for now, you know, Elon sitting in the position. I mean, he’s going to WWFights.com.
SPEAKER 04 :
Oh, yeah, he was at the… WWF fights. Yeah, he was at the fight this weekend.
SPEAKER 03 :
Yeah, and Musk is sitting next to him, right?
SPEAKER 04 :
Yeah, no, it was an interesting picture I saw. It was at the MMA fight, and you had Dana White, and then it was Trump. The new energy secretary. Musk, and then next to Musk was Kid Rock. Kid Rock, yeah. The singer Kid Rock, yeah. And then behind them was RFK Jr.
SPEAKER 03 :
Yeah, okay. Eating popcorn with processed butter. Whatever that stuff is, I don’t know. He was eating McDonald’s hamburgers, too, on the plane.
SPEAKER 04 :
It just got more of who’s who. As I was reading the article, it was like Trump shook hands and met Jelly Roll. I’m thinking, what else can happen in this article?
SPEAKER 03 :
Well, maybe he’ll get a cabinet post. I don’t know. AMD’s up 3.6% today. AMD has been a dead stock. And then Domino’s all of a sudden has got new life with Warren Buffett. buying into the stock. He didn’t buy it when Patrick Doyle turned the thing around, and he could have made 2,000% on that stock. Buffett gets in it today. CVS Health is up 4.4%. Now we look to the downside here in the last 10 seconds of the show, or 20 seconds, whatever the case may be. Yeah, okay. Campbell Soup, what is going on there? Down 11.3%. And Palantir down 6.4%. Well, I can tell you the food stocks with all the additives and everything have come under heavy fire with RFK lurking in the wings. So there you go. That’s Monday’s observations. We’ve got a full day ahead of us looking at charts, looking for new leaders emerging, etc., You get four free weeks to spend the day with Gunderson while he’s in his office here looking. I’m sending out live alerts every time I see something. Go to GundersonCapital.com. And if you’d like to set up an appointment with us, 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities.
