Dive into the complexities of global trade, media influence, and investor sentiments in today’s episode of Best Stocks Now. With professional money manager Bill Gunderson at the helm, insights reveal how elements like tariffs and short seller strategies influence market behaviors. Discover the latest on energy trades and technology sector headwinds while unpacking an investigative look into the directional shifts in market trends. Keep up with the latest investment opportunities amid rapidly evolving financial scenarios.
And welcome to the Taco Tuesday, Two for Tuesday edition of the Best Stocks Now show. This is professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Kite, our chartered financial analyst. So just as Friday was one of the worst days I’ve ever seen in my career, today’s one of the best days I’ve ever seen during my career. You’ve got the Dow up right now 1,424 points. As the short sellers scramble like cockroaches when the lights come on. The Dow is up 3.75%. But wait a minute, it gets even better than that. The NASDAQ is up 657 points right now. As the short sellers scramble to cover their shorts. Before they mess their shorts, the NASDAQ is up 4.17%. The S&P is up 3.9%. But the short sellers will be back. I mean, they want to attack. They want to bring the market down. They want money printing ad infinitum. But they’re getting crushed here today. Also, the bond market, man, the yield curve is really steepening here. indicating that the probabilities for a recession at least according to the markets has gone down and bitcoin is having a huge day i sent out a tweet yesterday i said i’m not a big fan of bitcoin but if you are i said this sure looks like a good entry point it’s up 4 300 today so welcome to today’s 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. And, you know, Barry, I’ve seen it time and time again. When you’re in the pits of hell with COVID and with the financial crisis, you know, you’re – The psychology of it is there will never be another good day again. I mean, it’s like it’s going to go down 1,500 points a day until it goes to zero.
SPEAKER 07 :
And we’ve seen that in consumer sentiment, right? You’ve seen it in investor sentiment, all of the feel-good indicators, right? We’ll call it non-financial indicators, right, have kind of led us partly to where we’re at.
SPEAKER 03 :
Yes.
SPEAKER 07 :
That and some uncertainty, but when you’ve fallen this fast, typically, right, kind of the market tends to overshoot in both directions, and in this case, in the downward direction, and we’re seeing a little bit of hopefully what ends up being a bottom here, as you mentioned in your article.
SPEAKER 03 :
They’ll be back. I mean, the short sellers will be back, but I think they’re fighting a losing battle. I really do. I think… I think they’re being driven a lot by their hatred for what the new administration is trying to accomplish with laying off people in the government and bringing down government spending and getting tough on our trading partners. And they would rather have the status quo. The problem was the status quo was not sustainable. Somebody comes in with a bold plan to change it, which really shakes up the markets big time. You’ve seen it. The short interest and the misery index and the negativity and all of this and that, all you’ve got to do is turn on CNBC or listen to Bloomberg and listen. You’ll want to jump off to the bridge by the end of the day. But, you know, there always is a tomorrow. I’m not saying that we’re out of the woods, but I felt like yesterday there was a major capitulation in the morning. And, man, I wish I would not have been on the air. It was there for not very long.
SPEAKER 07 :
Did you see that on a chart? That was amazing because I looked at it as soon as we got off the show. I was trying to look at the minute ticks here to see what happened, and it was interesting. It was like literally the NASDAQ was up 1.45% in the green at one point, and then literally – That was on break, and then when we came back from break, I think it was in the red literally three minutes later.
SPEAKER 03 :
It was a wild day yesterday.
SPEAKER 07 :
It must have been a big trade. Something big. It had to be a big purchase that was made to make that bump come up.
SPEAKER 03 :
I have found, though, when you get those big wild swings, that that’s also an indication that the other side, the short sellers and the sellers themselves, are becoming exhausted and they get more equilibrium yeah you get more equilibrium there essentially like on uh thursday and friday i mean there was no fight back at all from the buyers just like watch it plunge there’s there was no buying coming in whatsoever and that all turned around yesterday you know it’s just i’ve also seen We have two sides. We have a fear side. It’s like the phantom of the face that’s black on one side and white on the other. We have a greed side and we have a fear side. That can vacillate back and forth very quickly. I’ve seen it before. Okay, so yesterday… Let me get to my notes here. It’s always another busy day in the market here today. We’ve got a lot to cover. Countries and companies, that’s what it’s all about right now. You know, the countries are very important to keep an eye on, but I think it’s also even more important, as Scott Besson said, to keep an eye on what the companies are going to do. in response to this kind of a new world order. And it wasn’t the world order that everybody expected. I mean, the Great Reset was supposed to be global, a global world order. And instead, it’s gone the other way, much to the globalist’s chagrin. And yesterday we closed with the Dow down 349, but it felt like a victory because it was down 1500 at one point. The NASDAQ closed up 15. I considered that to be a real victory yesterday. I don’t know if you’ve noticed, but the yield curve has really steepened. We’re like at 50 basis point gap between the short-term bond, two-year, and the 10-year, which means that, you know what? I mean, the market thinks, eh, maybe not a recession after all. And the AI stocks had a really good day yesterday. The Palantirs, the NVIDIAs, the CrowdStrikes of the world. I also saw good action in the Nuke stocks and I just saw some really, really nice action. I looked at the overall software sector, IGV, I saw a bottom there and I saw some software stocks that were looking pretty good yesterday. So anyways, we’ll call yesterday a whipsaw. I think personally there’s a heck of a lot of short interest in the market right now. I think there’s more than ever. I don’t know what it was like back in 1987. You’d have to ask your dad that question, Barry, and report back tomorrow. Was there many short sellers and naysayers and negative CNBC and negative Bloomberg? I mean, probably the only news you got was Walter Cronkite in the afternoon with how the Dow did, right?
SPEAKER 07 :
Yeah, I mean, that’s really why the Dow still remains kind of that reported number just because it’s been the one thing on nightly news that they always put up there over the years. But, yeah, I mean, number one, you didn’t have as many pundits. Certainly a lot of your news was read, right, whether it was Wall Street Journal. Pick your periodical at that point in time. And so the odd thing is, of course – Once the market closed in 1987, you still had… you know an hour-and-a-half or two hours of trades that had big you finally get uh… reconciled because there was so much treating and yes we didn’t have you know the electronic trading that we have nowadays the books that we didn’t even know yeah well at four o’clock you didn’t even know what the clothes was going to be put it that way this that well european markets rebound on hopes that u s may soften terror stance well they have another thing come and he is not going to soften the terror stance
SPEAKER 03 :
He’s going to hold firm. And again, I would recommend to anybody watching the Scott Besson interview with Tucker Carlson, And that will educate you. I have a hard time with people that complain and knock somebody’s plan when they don’t even know what it is. And until you understand and know what the plan is, how can you criticize the plan? I have a hard time with people that criticize a book that they haven’t even read. That’s just the way it is. And he’s not going to soften. They’re going to have to soften. if they want better trade deals. According to Mark Hassett over at the White House, he says 70 countries have now called and are attempting to negotiate trade deals. Wall Street’s fear gates falls. The VIX did fall. I said it on Friday after the market closed. I said, I sure wouldn’t want to be short this market at this level. The P.E. ratios have come down considerably. I mean, material drops. The NASDAQ, which got way up to 35, the forward P.E. hit 21.9 yesterday. And the S&P, which was up around 23, hit 18.3 yesterday. You want to be short with those forward P.E.s? Good luck with that. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. Well, I was busy slugging there yesterday, putting some money to work, and we’re getting rewarded with it today. There’s never been a better time. I mean, these are the kinds of times when you want to have somebody out there looking for the best. At the cheapest price, and we’re certainly seeing plenty of that right now.
SPEAKER 07 :
And tiptoe. Tiptoe. That’s what I loved about your notes yesterday.
SPEAKER 03 :
I’m not going in with guns blazing yet, but I certainly did buy quite a bit yesterday. Now, here’s some winners today. Palantir, maybe our biggest position, up 10.1% so far today. Vistra Energy, nuke stock. They had a good day yesterday, but I just worry about… how long it takes to build a nuclear plant that’s my problem I’ve kinda had a a revisit of that whole nuclear sector. You know, Trump’s pushing coal right now for these data centers.
SPEAKER 07 :
Well, you’ve got to think. I mean, what’s the most near-term sources of power that you can turn on? Obviously, natural gas turbines, coal, coal plants. Nuclear is, I mean… We won’t have any more nuclear reactors until after 2030.
SPEAKER 03 :
Okay, that puts it in perspective. I listened to a guy that was an absolute expert on nuclear, and he says, we will not have more nuclear power coming online until after 2030. That’s five years from now, okay?
SPEAKER 07 :
Yeah, and the experts who, I mean, I’ve seen, you know, 10 years ago, I remember, you know, when they were talking about, you know, potentially, you know, building new ones. The problem was, you know, most of the companies that do it are already booked up in terms of projects. I forget their name. There’s a big Dutch company from the Netherlands, engineers, and they don’t have any capacity to build them.
SPEAKER 03 :
Okay, other winners in the market today. Celestica up 8.5%. These are stocks we own. NVIDIA is up 7.9% today. CrowdStrike, which I purchased yesterday.
SPEAKER 07 :
NASDAQ is up 4.4%.
SPEAKER 03 :
Oh, baby. CrowdStrike is up 7.9%. Now, don’t forget, it could be down 1,000 tomorrow, the way these short sellers are out to get the market. Constellation Energy is up 7.1 today. Tesla is up 6.7. Elon is finally having a good day. Robinhood up 6.6. Spotify up 6.1. I always call it Boyd. I think it’s B-Y-D. It’s up 5.5. Lily is up 5.3.
SPEAKER 07 :
I used to call it Boyd, too. When we first wrote an article about them, what, like three or four years ago now?
SPEAKER 03 :
How can a Chinese company be named Boyd? That’s like Smith, you know? Dash is up 5.3. Meta is up 5.2. Progressive is up 5.1. Dutch Brothers, which I don’t know if you caught the news, Dutch Brothers is going to build their first South Carolina outlet in Somerville. See, that’s your job. I’m not a coffee drinker. That’s your job to go out there with your boys and your wife and sample that Dust Brothers goods when it comes. Netflix is up 5% today. Goldman Sachs is up 5% today. Amazon’s up 4.7%. So those are just some examples of stocks that are having a very good day. why and seven and a half oh man and palantir i mean those are best of class i said yesterday and if you’re not signed up for the four-week trial oh well you know look it’s up to you i sent out yesterday i said the the the software sector has just gone positive i showed the chart And I said, our favorite two software stocks are Palantir and CrowdStrike. And they’re both having a very big day today. Okay, back to what’s going on in the world and all this and that. There’s a lot going on. And there’s a lot of individual companies in the news here today. Okay, now, this was an interesting thing. Over the last, going back, the biggest down two days, two days in a row. Black Monday, which I was not there for, down 24% in two days. GFC, which is the great financial crisis, down 12% in two days. I was there for that.
SPEAKER 07 :
That was the Lehman. That would have been the Lehman moment.
SPEAKER 03 :
Yes, Lehman and Bear. And that’s when Jim Cramer was saying that you should be buying Lehman and Bear Stearns at these levels. Those stocks are gone. They’re done.
SPEAKER 07 :
They went to zero. Yeah, the interesting thing is after the Lehman moment and kind of before, everything else was death by a thousand cuts. Those were kind of the two biggest moves. That position was about the biggest repricing in a two-day period during that whole time span.
SPEAKER 03 :
Yeah. And then in two days when COVID first hit our shores, you had down 15% in two days.
SPEAKER 07 :
End of February, early March.
SPEAKER 03 :
Yes, and in March of 2020, we came out with our big buy article. I mean, the people thought I was crazy. I was nuts. We missed it by like two days. So we’ve got another article out there today on Seeking Alpha. I haven’t even looked at how many people have looked at it. But we came in in March of 2020 with a big buy. Then the other big two-day down day was the reciprocal tariffs. That was Thursday and Friday. We were down 12% in two days in the market. So those are the worst ones. And we also, on Seeking Alpha, I made, well, Seeking Alpha wasn’t around in 2009, but in the newsletter of 2009, March, That was the financial crisis. I said a new bull market is being born in March of 2009. Look how far the markets come since 2009. Earnings have been going up every year except for the COVID year. And then, of course, in January of 2020, we came along. That was in, that’s, oh, no, first go back to March of 2020, the COVID crisis. You can see the article. It’s right there. I mean, the bottom has been in. And then I taunted the shirt sellers the next couple weeks. I said, the bottom’s here? What are you waiting for? And pretty soon people came around and said, hey, you know what? I think this guy’s right. Then, of course, January of 2023, after the NASDAQ was down 30% in 2022 from the rate hikes, we came in with a roaring buy signal on January the 6th. And now here’s our… Fourth one over the last 15 years, 16 years, I guess, that I put out over the weekend. Okay, and it’s in the, it’s in, go to Seeking Alpha today. it should be the number one trending story on seeking alpha i doubt that it is you know they would rather read this is why the market’s going to hell you didn’t put dividend in the title bill yes this is the buy this reek with buy this stock with a 13 dividend now and and rest comfortably the rest of your life that’s the kind of headlines they like but we’ll see i mean i’m Sure, we’ll gather some attention. I sent it out to my 22,000 followers on Seeking Alpha. Whether they open it or not, that’s their business. But it’s out there. I put my neck on the line during the darkest moments, and I did it once again. So we’ll see. Trump says he will not pause the U.S. tariffs. No, he’s not going to pause them. That’s what Wall Street wants. Hey, just take it back. You can always just take it back. No, but he’s willing to negotiate. And so far, from what I understand, 70 countries have come forward to try to negotiate a deal with Trump. Vietnam went to zero, from what I read. Now, not only what are the countries doing, what are the companies doing that are in the crosshairs here? 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 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 05 :
Call out the instigator Because there’s something in the air
SPEAKER 03 :
And welcome back here to the second half already of today’s Best Docs Now show. I love this comment by Scott Besson. You know, I’ve become a big Scott Bassett fan, I’ve got to admit. He said that China’s retaliatory tariffs are a big mistake, contending that the U.S. holds an advantage over China. Well, of course we do. China relies more on its exports to the U.S. than America relies on exports to China. Yeah, how much does China buy from us? Well, I’ll tell you in a minute. Earlier on Tuesday, Beijing said it would fight to the end in the trade war. On Monday, President Trump said he would impose an additional 50% to existing tariffs on Chinese goods coming into the U.S. if China didn’t withdraw. the 34% retaliatory tariffs, he announced. Now, here’s what Besant had to say. They’re playing with a pair of twos. Okay, Barry, you know a little bit about playing cards and poker. And I remember when Trump said to Zelensky, you don’t have the cards. China’s got a pair of twos. Why? Because we export one-fifth to them of what they export to us. That’s a losing hand for them. Now we see it right here. Talk about boots on the ground. How about boats on the water? These ships that come in here with all these China goods, we don’t load any containers on there and send them back to China. They go back empty. Right?
SPEAKER 07 :
That’s correct.
SPEAKER 03 :
Well, Besson said about 70 countries have contacted the White House seeking to start talks after Trump announced a sweeping round of tariffs. Just to give you a little clue, the article that I published on Seeking Alpha, it’s basically the same one that the newsletter people got prior to this one going out. I added a few little bells and whistles to the Seeking Alpha article, but the title of the article is I think the tariffs are going to work. I think they’re on the right track. And that obviously is a contrarian position. Trump claims that the U.S. is having direct nuclear talks with Iran. I mean, he’s talking to 70 countries and Iran. And he had the Dodgers in the Oval Office yesterday. It could have been the Padres. It wasn’t the Padres. It was the Dodgers. And I still think he should charge them a tariff on Shohei Otani. 30% tariff, right? I know. Jeff Webster’s a big Dodger fan, so I like to kid him. I grew up as a Dodger fan. When we moved to San Diego, I became a hometown guy and… This and that. It’s a big rivalry. EU proposes 25% reciprocal tariffs on some U.S. imports. And I would say, how much clout does the EU have? I mean, here’s some of the things that they’re going to put tariffs on. Diamonds? I mean, how many diamonds do we have in America? Eggs? Okay, they’re going to put a 25% tariff on our eggs. Dental floss? Yes.
SPEAKER 07 :
I mean, all I know is we’re sending eggs over there. That seems like a very delicate transport process.
SPEAKER 03 :
I’m going to throw eggs over there. Dental floss, they’re going to throw tariff on. Sausage, poultry, almonds, and soybeans. Now, do you think that’s going to put us out of business?
SPEAKER 07 :
You know what? I saw what they didn’t put tariff on was bourbon.
SPEAKER 03 :
Bourbon. They love our bourbon. You know, look, I love my European… I’m European from, you know, Norway, England, Scotland. That’s me. I’m a mix. And we love our European friends. But Europe has not been a good trading partner. Trump says that the EU must buy $350 billion of U.S. energy to get tariff relief. That’s why I think… And the value fund… I’m really looking at the energy, U.S. energy stocks. I found one yesterday that has the same business model that Texas Pacific Land has. It’s a recent IPO. And I added it to the emerging growth account. That’s the kind of digging that I do under the ground here, under the water, trying to find stuff. But I think his biggest thing that he wants to sell from America, it’s not bourbon. I mean, that’s not a big, big, big, big product.
SPEAKER 07 :
oil it’s lng well really in liquefied natural gas i mean you know i think with with trump’s policies actually you know you could you can make an argument that oil companies may not do as great because oil prices may be you know considerably lower particularly for frackers but uh on the liquefied natural gas side of things. If you can open up new places to sell LNG, right? We had that moratorium on it.
SPEAKER 05 :
They have expensive energy.
SPEAKER 07 :
We had moratorium on it. Yeah. During Biden’s time. And so now it’s one of the things I think you can make a good argument for in terms of LNG having a good tailwind during this administration.
SPEAKER 03 :
Well, Bank of America, they revised their S&P 500 target down to 5,600 by year end. I don’t know where they were at before. I think they were around 6,200 or something like that. And my friend Marko Kalanovich, you know, there’s only a few people that have been wrong more than Marko Kalanovich. It’s pretty hard to find people that have been wrong more than him. He calls the whole Trump move a clown show. He said that, let’s see, he believes that maybe we’ll get a little rebound, but he sees the S&P down around $4,800 from its current level. That’s his target price. He’s been wrong for 27 years in a row. Why does J.P. Morgan keep the guy? I don’t know. He’s good at selling bonds, right? Jamie Dimon himself is pretty negative and pretty wrong a lot of the time. Chip stocks fluctuate as the EU gets set to retaliate against Trump tariffs. You know, I would say this. Microsoft has a big advantage over Google with ChatGPT. I use several browsers. And when I’m on Microsoft GPT, I can ask it. How much exposure does NVIDIA have to the tariffs? And I get a very good answer. You ask Google the same thing, and you get about 20 articles that you’ve got to read that I don’t have time to read. So I would say that’s one of the reasons why Google stock has been so soft. I think Microsoft has a huge competitive advantage.
SPEAKER 07 :
My dad, I mean, yeah, just so you know, talking about boots on the ground, my dad’s not always been the fastest to adopt technology, right? It’s like, oh, yeah, this old iPhone still works fine. Yeah, my sister’s like that. But he’s using chat GPT more than anybody I know. It’s like… He used to ask me, okay, why would Google something? I’m like, well, he’s like, well, what do you type in? I’m like, well, whatever comes in my head, I type it, right? And now, of course, he’s over there talking into it.
SPEAKER 03 :
Like you’re talking to somebody. Ask a question.
SPEAKER 07 :
I’m like, that’s exactly how I told him he should have typed it in years ago. You know what?
SPEAKER 03 :
I entered about 20 companies yesterday. I said, what kind of exposure does – I did Dutch Brothers. I did Embraer in Brazil. What kind of exposure do they have to tariffs? And it comes up with a beautiful answer in a nanosecond. And you ask Google the same question, and you don’t. So there’s a tip for all of you out there. If you want to stock, I entered Honeywell yesterday. I entered GE. What kind of tariff exposure do they have? And it will tell you exactly. Okay, here’s another example, Burger King. I didn’t really think I’d get an answer. What kind of exposure does Burger King have to tariffs? 10% of Burger King’s meat comes from Australia. 90% is American. All right, so they have a little bit of exposure. What a great thing that AI can be. Now, I had another guy who follows me, a subscriber. In a nutshell, the app is AI that I built 15 years ago before AI because it’s full of algorithms. algorithms and ai are no good in a panic situation that’s like saying well where were the algorithms when covet hit shore shouldn’t have predicted that no you have to override artificial and he he this guy wrote to me he said how come your app has a cell on the uh on the nasdaq and you’re saying bye because i overwrote it with human intelligence that’s why AI, if you want to see what I mean, you remember Paul that worked with us for a while there. Okay, I wrote down to Sarasota with him and his Tesla. I said, Paul, take your hands off the wheel and let me see how it does. He said, oh, no, you don’t want to do that. He says, you go through a construction area. Okay. I mean, where the lines got dirt on them and whatnot or they’re not where they normally are. He says, you’ll go off the bridge. I said, okay, keep your hands on the steering wheel. That’s the way I feel about A.I., Yes, it’s great to find out that Burger King gets 10% of their meat from Australia, which is subject to tariffs. But when AI, my own AI that I developed for the app, is saying the NASDAQ’s a sell here, well, you know what? This is not a normal situation. We’re going through a construction area right now where the lines are blurred. We’ll be right back.
SPEAKER 06 :
Go where you want to go, do what you want to do, and win whoever you choose.
SPEAKER 03 :
And looking back here to the final segment of today’s Best Docs Now show. Well, yesterday we had a little bit of a lesson on who ends up paying the tariff in the long run. And if you listen to the Tucker Carlson, Scott Besson interview, the MIT study showed that the 20% tariffs put on And China, which are still there, the consumer ended up paying about less than 2% of the 20% at the end of the day. And I see today that Stellantis here, which isn’t a big problem. They have a big problem. Stellantis has a big problem. Yeah, they’re Alfa Romeo, they’re Maserati, they’re Chrysler, they’re Jeep. They build their cars all over the world. So they’re going to be in big, big problem with all of the imports they want to bring in. They are willing to help suppliers with tariff payments. You see that? The company has to step forward and help with the tariff payments. And, of course, I mean, who’s going to buy a Stellantis car if there’s a 20%? There’s the other rub for them is their sales are going to plummet, right?
SPEAKER 07 :
Yeah, I saw a marketing campaign, obviously, watching the final four and the final last night. Of course, congratulations to them. Florida Gators on their win. That was a good one. My mom was happy. But that’s her squad.
SPEAKER 03 :
So Florida, they’re in what city is the University of Florida? Gainesville. Okay, so I go right through there on my way to Sarasota. Driven by there many times. And you’re Florida State.
SPEAKER 07 :
Right. So my sister went to Florida. I went to Florida State. So, yeah, a little rivalry there, obviously, basketball-wise. Her bracket won the family bracket this year for my mom. So congratulations there. But watching it, I’d noticed already I saw a Jeep commercial, right? It was talking about where… you know, where different Jeep models are made, had the, you know, American flag back there, and of course showed the, you know, showed the, you know, Jeeps getting thrown out of the, you know, via parachute in World War II, so… You can see that it’s already, you know, some of the, whether it’s marketing campaign or, you know, moving manufacturing, you’re already, you know, seeing a public perception change in that direction.
SPEAKER 03 :
I honestly don’t see Stellantis surviving. I don’t know. Not as is.
SPEAKER 07 :
Certainly, you could spin Jeep off, right? I mean, obviously, Jeep’s a pretty… Pretty solid brand, and people are passionate about it.
SPEAKER 03 :
We need him to take over Chrysler. He was out there in Bloomfield Hills, Michigan, where we’re headed in a few months. Apple sees panic buying of iPhones amid tariff worries. Apple made a big mistake. Now they’re going to source more iPhones from India. I guess there’s a cheaper tariff on it. Well, there is. But India still, they were one of the worst. Their tariffs were sky high, and I remember not too long ago we had the leader of India come visit. And you could just see when Trump was meeting with him, like, you’re screwing us over, pal. And I think that’s why he came, Modi, he came here in a hurry to try to work, to get ahead of it, right? He was one of the first guys to meet with Trump to get ahead of things. And I don’t know what the tariff, Trump has imposed, well, here it is. Trump has imposed a tariff of at least 54% on Chinese goods. So if you buy an Apple iPhone, I guess that’s in effect now, I don’t know. While the rate on Indian goods is just 26%.
SPEAKER 07 :
And in Trump’s first term, they had a carve-out. Apple had a carve-out, I believe, in the first term. We don’t know if there’s going to be a carve-out at this point.
SPEAKER 03 :
I don’t know that Apple, he’s going to give a carve-out to Apple. I think he’s going to say to them, look.
SPEAKER 07 :
The problem is you can’t build one here. But you can. That’s the rub. That’s all…
SPEAKER 03 :
cook has to do tim cook see it’s all he has to do is say we’re building a plant in austin it’s all he’s got to do he doesn’t have to build the i mean plans to build the plant he’ll get a car i’m serious no i believe he wants a commitment of how much you’re going to spend and where your plants are going to be located here in america I promise you. And that’s another fallacy about what they’re saying on CNBC and all these doomsayers and naysayers. They think, well, you can’t build these things. It’s going to take a while to build the plants. Well, that’s all you’ve got to do is announce your intentions you’re going to build the plant. That’s all. You can do that tomorrow. and get a carve-out and get favorable treatment. I mean, that’s the third element that Trump has added to tariffs is it’s a negotiation tool, okay, to get money coming back to America, spending money in America. and revitalizing these plants that have been shuttered for so long. The semiconductor is still up in the air to me where that’s all going to land because obviously they’re built in Taiwan. They’re designed in the United States. That’s why you call NVIDIA is a semiconductor fabless. They’re fabless. They’re not the fab four. They’re fabless. They don’t have any fab. They don’t fabricate. They design. They design and they send that design to Taiwan. But I’ve got to believe that NVIDIA, playing such an important role and giving us such a huge advantage, just like this advantage we talked about with ChatGPT versus Google, what is the advantage of us having the NVIDIA technology and that being an American company with Jensen Wang, an Oregon Duck graduate at the helm, And keeping that technology away from, I don’t know, does China have it? I don’t know. Are they going to come up with the NVIDIA that’s faster than NVIDIA? I don’t know. But we’re doing everything we can to keep that out of their hands. And I’ve got to believe that Trump would treat NVIDIA favorably. Because to keep them from getting that technology out to China, that’s just my thought there. And AMD for that, and Intel also. I think there’s going to be some kind of a carve-out because of the importance that these chips play. Okay, let’s see here. Yeah, Trump order looks to harness coal power to dominate AI. That’s crazy, you know? Is it smart? Well, we just said that no nuclear power is going to come online for the next five years. You can hook up to existing nuclear power. That’s what Microsoft did with Constellation Energy in Baltimore.
SPEAKER 07 :
Yeah, take the mothballs out of one that you’ve decommissioned. But, yeah, I mean, in clean coal, coal has come a long way. Clean coal, right, has come a long way. Of course, the problem is in other parts of the world that they don’t use clean coal, particularly in China.
SPEAKER 03 :
Well, I hear the music. That means I’ve got to get it on. Get back to work here and look at about 700 charts. I send out a lot of messages during the day. If you’re not part of the four-week trial that I offer, go to GundersenCapital.com. And if you want a serious firm handling your money, if you’re a serious investor and not one that goes this way and that way, give us a call at 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
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