In this episode of the Best Stocks Now show, Bill Gundersen and Barry Kider delve into the impact of geopolitical tensions on global markets. With eyes turned to the Middle East where ceasefires have evaporated, the conversation touches on the implications of these developments for stock markets, particularly with a focus on the NASDAQ and Dow, both struggling to find stability. Bill highlights the rise of gold as the shining safe haven amid this chaos, alongside a surprising upward trend in Chinese stocks due to AI advancements. Tune in to gain a comprehensive perspective on how current events are
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 Tuesday, the March 18th live edition of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, a nationwide fee-based only money management and advisory firm. And I’m here with Barry Kider, chartered financial analyst. The market’s got a lot to be nervous about today. And it is nervous as tensions really heating up in the Middle East right now. The ceasefire is over. They’re back at it in Gaza. Syria is attacking Lebanon. The Houthis are under fire from us. And we’re warning Iran, any more of that nonsense and you’re next. So that’s why the market is nervous. And on top of all that, you’ve got Jerome Powell meeting with his cohorts over at the Fed. So We’ll allow the market to be nervous today. In the meantime, the NASDAQ continues to put in a bottom after a very constructive day yesterday. But today we’re on the downside. The Dow’s down 224. That’s a half a percent, 41,616. That Dow continues to struggle to try to start to put in a bottom. The NASDAQ’s a little bit further along in that process. After a 15% correction, a painful and swift one. The NASDAQ is down 289 right now to 17,519. Oh, I forgot, Jensen Wang speaking today. Also, if that’s not enough to rattle the markets. The S&P is down 58 right now to 5,616. We’ve got a new target price put out there on the S&P 500 today. After yesterday, it was RBC Capital lowering their target price to 6,200. The S&P is currently at 5,600. The Russell 2000 down a percent today. The big story of the day once again is gold. Gold is above $3,000 for the first time and markedly above it. It’s at $3,043. That’s a new record high for gold. And silver is closing in on $35 per ounce, indicating the kind of turmoil we’ve got in the world right now. Crude oil is at $68. Bitcoin risk off today, it’s down $1,300, down 1.6%. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. We’re watching the world turn today, Barry. Sometimes it seems to turn a little faster than other days. But, you know, we had a good day. Let’s start there. We had a good day in the market yesterday. We’re getting some constructive building of a bottom there in the NASDAQ. Let me tell you, the Chinese stocks were absolutely on fire yesterday. They were Sejuan peppers. It was Sejuan Chinese Day on St. Patrick’s Day yesterday, a little red with that green. And also, oh my gosh, the quantum stocks, D-Wave and ARQQ, they were up like 50% each yesterday.
SPEAKER 04 :
They’re like the new… Remember how for a long time biotech was the epic end of speculation just because if the drug hit, right, well then it came up, it was going to go up 1,000%. If it doesn’t hit, it’s going to zero, right? And so now it seems quantum is kind of that next level.
SPEAKER 03 :
Quantum is in that nuclear reactive area. And the nuclear sector had a pretty good day, but… China is just exploding to the upside. I think it’s AI fever has hit China. And BYD had an announcement last night that will knock your socks off. A charger, an EV charger that works about as fast as pumping gas into your car. Five minutes. Oh, my goodness. That’s just enough time to run in and get a hot dog. You know, and grab some Doritos and a Monster beverage and come back. Your car is charged. We own BYDDF. We don’t own Tesla. We own BYDDF. But that’s quite a breakthrough if it’s true. Now, in the meantime, where is the nervousness?
SPEAKER 04 :
The caveat, if it’s true.
SPEAKER 03 :
If it’s true, yes. But I’ve got to believe there’s something to it. The nervousness in the market today, I’m going to say, mostly comes from the Middle East. Well, Trump is talking to Putin today. We also have that on the docket. which is at least a step forward. I mean, at least to open up the communication lines, which I’m a big believer in myself. You know, the big cold shoulder just doesn’t work and keep sending money to Ukraine and having people killed doesn’t work. So I have no problem. I encourage. I even said a special prayer this morning. Whether God hears my prayer on Trump and Putin or not, We’ll see, but there’s a lot at stake there, and peace would sure be nice. Think of all the young men, maybe young women too, I don’t know, that are dying over there on a daily basis. It would be nice to stop the bloodshed. So we’ll see where that goes. In the meantime, speaking of bloodshed, the Fed, I can’t see them lowering interest rates, Barry. I just can’t see it. Not with the turmoil, the tariff turmoil, the Trump tariff turmoil, TTT.
SPEAKER 04 :
Well, they’re supposed to give us our, you know, they have those every few meetings. They do the economic projections with the dot plot and everything. And, you know, how can they get, you know, a GM analyst, I’m sure, has a tough job, you know, giving an estimate right now. And I’m sure the Fed’s going to have just as much trouble. I guess you just keep the same one you had last time.
SPEAKER 03 :
I think so. I think that they stand pat and blame Trump for it. But, you know, our rates, I compare Mexico’s 9.5%. Canada’s only 2.75%. We’re at 4.5% right now.
SPEAKER 04 :
Did you see the Canadian inflation rate that came in? It was low, right? No, it was hotter than expected. I think it was like 1.2% for the month.
SPEAKER 03 :
That’s not good. Other interest rates around the world, the UK is 4.5%. The Eurozone is 2.65%. We’re a little bit elevated versus the rest of the world. Turkey is 42.5%. Switzerland, the lowest in the world, 0.5. India, 6.25. Japan, 0.5. So the cheapest rates in the world are going to be Switzerland and Japan. And remember that Japanese carry trade. China’s interest rate is 3.1. Russia is 21%.
SPEAKER 1 :
21%.
SPEAKER 03 :
That’s what the war has done to them. I would think Putin would be kind of anxious to… put this all behind them. But at the first blush, Jeff Webster’s reporting in that Putin is asking for the moon after reading Trump’s book, The Art of the Deal, I suppose. But anyways, we’ll see. Oil’s climbing. I listened to a guy on YouTube last night that has boots on the ground. I mean, he lives, his home overlooks the Jezreel Valley in Israel, which in the Bible is known as the Plains of Megiddo, where Armageddon will be held at some point in time. So he’s got boots on the ground. He’s a pretty sharp guy. over there in Israel. He says it is just exploding right now. They’re back fighting in Gaza. The ceasefire is over. A lot of people have been killed. I don’t know what stoked that up again, but apparently Gaza was getting ready to mount some kind of invasion, ground invasion into Israel. What’s left of the Hamas? And I’ve heard that Syria is attacking Lebanon. And, of course, we’re attacking the Houthis. And we’re also telling Iran, hey, we hold you accountable and responsible for these Houthis. It’s like your kid, Barry. You know, if your kid messes up the neighbor’s lawn or your flower garden, they’re going to come knock on your door and say, we’re going to hold you accountable, Mr. Kite. And we’ve got attorneys ready. But that’s the way it is.
SPEAKER 04 :
It’s like liability, right? I mean, it’s really what it is.
SPEAKER 03 :
The hooties would be nothing without Iran’s weapons and support. So that’s exploding. Other than that, it’s a calm world today. Energy prices, I think gold kind of reflects the turmoil in the world. Shiny at 3,000. 3,043 today on gold. Only one quarter into the year, the yellow metal is up 15% year to date. It’s prompting Wall Street to continue increasing its price targets on bullion. With UBS becoming the latest to raise projections as investors seek safety amid geopolitical and tariff risk. So that’s what I’m seeing. With the tariff risk in America and the geopolitical risk, I’m seeing a flight to gold, Juan. I think we’ve seen a flight to the bond market, which has driven interest rates down. And I think we’ve seen a flight to stocks around the world outside the U.S. China is up almost 23% year-to-date. China looks investable to me again, and we have made some investments there. I wouldn’t go hog wild. And, of course, Europe is way ahead of our markets this year, and I think that’s all of just kind of this move to avoid the U.S. right now because of the tariff war. But at the same time, the NASDAQ’s been putting in a very meaningful bottom here. Hopefully it will hold. And when we come back, we’ve got good news on fried eggs and scrambled eggs. Boy, it’s about time. This is the Best Docs Now show. And welcome back here to the second quarter of today’s Best Stocks Now show. Wholesale egg prices have been declining. Now, it takes a while to trickle on through to the retail markets, but there has been a rapid recovery in supply and no significant bird flu outbreaks this month. It’s unclear when retail prices will reflect this decline, but according to the U.S. Department of Agriculture, otherwise known as the USDA, national wholesale egg prices fell to $4.15 per dozen as of March 14th compared to $6.85 a week earlier. That’s good. And that’s about half the level seen at the start of the month. So anyways, that is really good news. Trump’s approval ratings will go up as soon as those egg prices start dropping. That’s one of the things that he hasn’t brought down. He has not brought down inflation yet. Well, this is March 18th. He’s coming up on two months in the office.
SPEAKER 04 :
And how much control of that do you have, right? I mean, you can only grow chickens, so you have to cull the whole, you know, millions of egg-laying hens, right?
SPEAKER 03 :
Well, and they kill 50 million chickens, you know. So anyways, I mean, their strategy is to eradicate bird flu, and that seems to be working at least so far. BYD Company’s Super E platform can charge as fast as pumping gas. Well, see, it says they have plans to build a fast-charging network across China that will cut the charging time for electric vehicles to the equivalent of pumping gas. The company aims to build over 4,000 BYD Super E platform charging units. The new platform will have peak charging speeds of 1,000 kilowatts. That’s more than twice as powerful as those offered by Tesla. Of course, your car might blow up. I don’t know, but it will enable EVs to travel 249 miles on a five-minute charge. BDY company founder Wang Chongfu was quoted as saying by Reuters at a company event, Tesla’s superchargers are currently capable of 325 kilowatts. I think we ought to throw in a little nuclear reactor at the gas stations.
SPEAKER 04 :
We’ll be wearing lead vests at the gas stations.
SPEAKER 03 :
And then your car could fly home instead of drive. With plans to increase that to 500, Tesla plans to go to 500K this year. This requires 15 minutes of charging time for 200 miles with the full charge taking 30 minutes. That’s too long to sit at a gas station for me. Okay, let’s check in on BYD here today. BYDFF. It was up a percent and a half when I looked at it earlier. BYDFF. Two Ds and an F. Not like my report card. BYDDF is a $52.23, hitting a new all-time high. And Tesla is not hitting a new all-time high. They continue to have trouble. It’s down to 224 today. That stock is not putting in a bottom yet. Very weak attempt right now. At some point, it’s going to be a value stock. A best stock now, badly beaten down, but it’s not there yet. And Tesla has more problems as no more incentives up in Canada for Mr. Musk, who they’re not happy with. Not happy with the U.S., and they’re not happy with Mr. Musk. So they’re cutting back on any kind of incentives for buying a Tesla. He’s up against it here these days. Arquette leads quantum computing stocks higher ahead of NVIDIA’s GTC event. That’s today. And ARQQ yesterday was up like 53%, I think. And D-Wave QBTS was up, well, look at that thing. It’s up to $10.68. I finally pulled the plug at $5.05. And then they supercharged it just as I left the charging station with a 20 mile range. Look at that thing yesterday. Look at QBTS, D-Wave Quantum. We’ll see what Jensen Wang, you know, last time Jensen Wang spoke, he put a knife in the heart of the quantum stocks. We had about two or three of them at the time in the incubator portfolio. NVIDIA’s GTC may not change broader AI sentiment, but it could impact the supplier, says JP Morgan. So we’ll see. We’ll see what comes from that. But there’s a lot of companies in that supply chain like Amphenol, Frabronet, Lumentum, Coherent. And some of those stocks are actually on my value list right now. And I am ready to go with my value portfolio on April 1st. I think it’s a lucky day. So there, I’m going to be a contrarian. And I have already built it. I’ve been testing it. And, you know, it’s like anything else. I mean, if you say I want some money in Bill’s value portfolio, I spent several years as a pure value investor. After the NASDAQ crashed, we had a very well-known value guy in San Diego, Charles Brandes. I read a lot of his work. We had a trader that worked at our firm that his wife worked at, Brandes. Brandes was the biggest money manager in San Diego. I don’t know how he’s fared recently, but he was a disciple and a… He was a protege of Benjamin Graham. One day he was in the office in La Jolla at Merrill Lynch, and Benjamin Graham came in. He was the broker of the day sitting there, Charles Brandes, and Benjamin Graham ended up opening an account with him and teaching him a lot of the ropes of pure value investing. I’ve got a copy of The Intelligent Investor right here I’m looking at on the shelf.
SPEAKER 04 :
That’s a thick one. Also was a mentor to Warren Buffett and also to a certain extent.
SPEAKER 03 :
Yeah, yeah. Well, Graham and Dodd, you know, that’s the security analysis one. And then I guess Intelligent Investor. That came later. That’s a profit book, right?
SPEAKER 04 :
Yeah, and that was kind of what you look at in terms of a lot of book value stuff. In other words, what’s the company’s at least worth this much?
SPEAKER 03 :
Intrinsic value. Yeah, right. It’s boring investing, but… You know, when you see the NASDAQ go down 15% in four weeks, value investing looks kind of attractive once again. And I like value investing. I mean, my system is value and momentum.
SPEAKER 04 :
Otherwise, you can get in value traps, too.
SPEAKER 03 :
That’s a problem.
SPEAKER 04 :
And Warren’s been there before, right?
SPEAKER 03 :
Yes.
SPEAKER 04 :
I think Kraft Heinz is probably his most recent value trap.
SPEAKER 03 :
Yeah, and Conoco hasn’t really done all that well either. Yeah. Anyways. Or oxy.
SPEAKER 04 :
I mean, yeah, oxy is the other one. Yeah.
SPEAKER 03 :
No, that’s it. Occidental. Yeah, not conical. Okay, now, so as you do your planning with people, as they call, you have another trick up your sleeve, another tool in the toolbox for bargain hunters, okay, the bargain hunting portfolio. When we come back, we heard from RBC yesterday lowering their target to $6,200. Citigroup comes out today with their S&P 500 target price. And guess where? NASDAQ is going to open up a second headquarters. 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. Now, back to the second half of the show. Thank you. And welcome back here to the second half of today’s Best Stocks Now show. Well, the market opened up down and it has not budged off of that spot yet. at all so far today. We’ve had two very good days in a row, and I argued with myself in the article over the weekend, the debate over whether or not the NASDAQ has bottomed or not. I gave you all of the good reasons why it has, and then I also showed you some reasons why there still could be some more downside risks there.
SPEAKER 04 :
Still got some work to do.
SPEAKER 03 :
Yeah, still has some work to do. Bottoms aren’t built in two or three days. That’s just the way it is in the market. But we are, you know, some stocks are seven, eight days into it. The Dow stocks are only one or two days into it at most here. So it’s still a little bit shaky. And then you’ve got, you know, the heat, the temperature rising in the Middle East. That’s never good for the markets. And, of course, high stakes negotiation talks between Trump and Putin. And, of course, high-stakes negotiations at the Fed, although I don’t expect much from that. Now, okay, here is Citigroup holds their bullish S&P year-end call as others start to lower their targets. They’re at 6,500, which I said was the consensus. The consensus is a little higher than that. And they’re forecasting earnings of $270 per share EPS for the S&P this year. That compares with $240 last year. So that’s excellent growth in earnings, at least as we sit here today, almost one quarter in the year. We don’t know what impact, if any, tariffs will have on those forecasts, but $270 in earnings for the S&P this year have been a pretty firm number now for quite some time. So they have a 6,500 target price. If that’s true, if they’re right on their target price the S&P is a pretty good bargain right now at 5600 and speaking of building a bottom I mean the S&P is trying to build one in about the 55 just above 5500 area you can see that forming the downtrend ended about three or four days ago and it’s making that effort at forming a bottom okay we’ve been to the NASDAQ now I’ve been with my wife And then you and Jeff went with your wife to that historic building there in New York City. Now they’re planning a regional headquarters in Dallas, which shouldn’t surprise anybody.
SPEAKER 04 :
Well, to compete with, you know, there’s a small exchange in Dallas that has been trying to, you know, kind of take up more market share. Also, the recent potential for 24-hour trading coming up in a couple of years potentially. Yes. That would be interesting.
SPEAKER 03 :
Amid a financial shift to Texas, you know, I wish we were on a great station in Dallas. And unfortunately, the station got sold and they changed the format. Didn’t have, you know, I don’t know what it was, Hispanic music or something like that, which a financial show wouldn’t fit in there anymore. Anybody knows a station in Dallas? We’ve contacted several and all they’ve got is a Saturday, a Saturday slot for us.
SPEAKER 04 :
Yeah, not a lot of market action.
SPEAKER 03 :
No, I would love to go back to Dallas. I loved visiting there with the folks. We had a big following. You know, I’d go to Heartache Barbecue and Pecan Lodge there. And Glenn Ellum, I can’t think of the name of it, but I love going to Dallas. We went to a Texas Ranger game one time. So if anybody out there knows of a radio station in Dallas, We pay. We pay. We’re a big advertiser. We’re like my pillow. Not quite, but we pay our own freight so we don’t have to hawk gold coins to pay for the time. So anyways, I would love to go back to Dallas. We are in Houston, but I don’t think they can hear us in Dallas. Big banks, bullish reversals. I did notice that yesterday. You know, if you’re looking for bargains, I’ll tell you what’s been beaten down lately. JP Morgan, Goldman Sachs, Citigroup, even to some extent the UK bank with the big Hong Kong president. I see it’s up 1.25% today, and the dividend yield on HSBC is 5.6% right now. 5.6%. So I think there’s some bargains. This is a good time to be starting a value fund after a 15% sell-off in the NASDAQ and a 10% sell-off in the Dow. The stock of the day for me is out of Israel. It’s a defense company. Sign of the times. Look at that chart. Elbit Systems. It’s an Israeli manufacturer of surveillance, land vehicles, airborne, and electrical optical systems. It’s an $18.2 billion company. They reported earnings today. I’ve had it marked as a potential buy. in our ultra growth or emerging growth, but it just never will calm down. And now it’s blasting off six times normal volume. It’s up $39 a share, 10.5%. Wars and rumors of wars. Their earnings are up 71% quarter over quarter. Their sales are up 19%. Tencent unveils open source AI models. And as I’ve said, China has AI fever. There’s no question about it. And, you know, Alibaba, Tencent, JD, PDD, all those Chinese stocks, they look investable again to me. Tencent’s one of the best. It’s not Tencent’s. It’s $69.13. But it trades heavily. I mean, it’s traded 2.6 million shares so far. You have no problem with liquidity. That’s two-thirds of a trillion-dollar company. That’s $645 billion. I mean, that’s up there with some of our big tech stocks, and it pays a dividend yield of a half percent. It’s kind of a combination of Google… uh… microsoft and gaming uh… you know electronic arts maybe uh… and advertising big-time advertising all-in-one online advertising uh… and now they’re uh… starting to get some real uh… 3d generative models going uh… that are translated into english uh… you can uh… turn text or images into 3d visuals and graphics amid a growing AI race in China and globally. And I see that the U.S. government officials are being told not to download DeepSeek. And Alibaba’s got a new AI model called R.I.Omni, which is capable of recognizing human emotions. Well, that’s not hard to do on a bad day in the market. I mean, you know, one look, that guy’s not in a good mood. Avoid Gunderson. Might give you a different answer.
SPEAKER 04 :
Might give you a different answer depending on the mood, huh?
SPEAKER 03 :
Yeah, I guess so. Waymo makes inroads in San Jose and San Francisco airport areas. Now, that’s venturing out pretty far with the… The autonomous vehicle race continues. They are now able, that’s Google, of course, Waymo, to operate fully autonomously in expanded South Bay areas, where our show is aired every day on KDAO. And we need to get to San Francisco this year so we can go for one of those Tadich Grill races. A Fiesta Plainsman.
SPEAKER 04 :
And an autonomous taxi ride.
SPEAKER 03 :
We’ll follow you. I’ll be driving a rental car, and if you go into the bay or off the Golden Gate Bridge, I say, see, it doesn’t work. Okay, anyways.
SPEAKER 04 :
We’ll go down Lombard Street and see how it does there, right?
SPEAKER 03 :
Yeah, it’s bad enough going down a cable car. Now, they’re not autonomous. They got a guy just in case. Tesla loses out on electrical vehicle incentives in Toronto. Okay, we know all about that. And, you know, people are reporting that they’re driving along in their cyber truck and a panel flies off of it. Now, I don’t know. Maybe they’re being staged. He does have some enemies right now, but there are unconfirmed reports that sales of the Cybertruck have been intemporarily halted as the glue that holds them together is not actually working too well. That’s kind of a weird story there. U.S. coal stocks jump as Trump pushes for more coal production. That’s not a popular subject at all. But he says, I’m authorizing my administration to immediately begin producing energy with beautiful, clean coal. And there is a process that does make it a lot cleaner. Peabody Energy is usually the coal stock you want to keep your eye on. BTU, BTU. And also AMR is a pretty good coal stock also. And there’s been a big major oil discovery in the U.S. once again. Well, they let them drill up there. I suppose maybe they got a shot at it. We’ll be right back.
SPEAKER 05 :
Got to go where you want to go, do what you want to do, and win whoever you want to face. Got to go where you want to go, do what you want to do, and win whoever you want to face.
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Stocks Now show. A few other stories, and then we’ll look underneath the surface of the market. A big oil find by APA Corp. It used to be named Apache, Barry. The Washington, what are they, the Commodores?
SPEAKER 01 :
Redskins. Oh, not anymore.
SPEAKER 03 :
The Commanders now. They were once the Redskins. And APA was once Apache. Now it’s APA Corp. partners make significant oil discovery in alaska’s north shore problem is i think we got enough oil in the world right now that seems to be i mean the price is hanging out around 67 68 there doesn’t seem to be a lot of demand to drive it higher but still that’s a big discovery here in the u.s Okay. Apple well-positioned for double-digit earnings growth through 2029. That’s fine and dandy. But if you put a multiple on that, I think I’m using 14% per year growth. I think that’s really generous. And I can only come up with 56% upside in Apple over the next… It doesn’t even qualify as a value stock, and it doesn’t qualify as a… As a Gunderson stock, Chemours CC is teaming up with Energy Fuels to boost U.S. rare earth supplies. This is another playable theme. We’ve seen recently, we’ve seen Mountain Pass MP and UUUU is the one that they’re teaming up with. UUUU is Energy Fuels. as we look for those badly needed rare earth minerals. I don’t know where to deal with Zelensky in Ukraine. That seems like a long shot, very much a long shot to me, mining rare earth in Ukraine on the Russian border. Zeker, which is another Chinese auto company, they lean on NVIDIA chips as it rolls out a free advanced driver assistance system. That’s not autonomous driver assistance like Tesla’s, which I’ve heard doesn’t work very good. And you’ve got a Ukrainian company going public. which is weird. I would have a hard time investing in a Ukraine IPO. The symbol is going to be Kiev, what’s left of it, K-I-E-V. And then here’s the bad news today, bad news stock, Sarepta. Man, I followed that because it’s a muscular dystrophy stock. They had a patient die on their drug, and that stock is down 24% today. Has the company disclosed the death of a patient treated with Elivitus, the FDA-approved treatment for Duquesne muscular dystrophy? So that’s not good. That’s another one that’s hard to crack, that muscular dystrophy. I had a good friend that had muscular dystrophy, and I used to learn a lot from him. He was actually a scientist. Worked at the Salk Institute until he couldn’t work anymore. Then he worked for me, helping me build my database, the Best Docs Now database. He was a really very intelligent guy. Back in those days, Barry, we had data, but we couldn’t download the data into spreadsheets back then. We did it all by hand on the weekends. You had to get it entered. Yeah, we entered the data. Now, we only had about 1,500 stocks back then. But I would say we were way ahead of our time in building models and formulas.
SPEAKER 04 :
We used to get the charts delivered.
SPEAKER 03 :
Yes.
SPEAKER 04 :
Yeah, you used to get the charts delivered on the doorstep. I remember the value lines that used to come in the mail.
SPEAKER 03 :
Yeah, the value line would come every month. Yeah. And you’d put it in your notebook and you’d tear out the old one. I had that service, too. I didn’t find they’d come up with many winners at Value Line. But it was a little bit more towards the momentum-based side. But anyways, he had muscular dystrophy. And unfortunately, I mean, he had to go to a lot of doctor’s appointments. And they had him in one of the North County transit buses. And they forgot to strap down his wheelchair. They went to drop him off at his house, and they forgot to strap down, and he went right through the windshield. I visited him in the hospital, was able to talk to him a few times, but that was his demise. He didn’t last long after that unfortunate thing. Great guy. I look forward to seeing him again. He was a great guy, his family and everything. Okay, now the last one we’re going to do, we’re going to look underneath the surface here. I’m going to put on my snorkel and I’m going to put on my mask and we’ll look underneath the surface to see if there’s anything cooking underneath. Because on the surface it’s a little bit, I see white caps right now on the river of the market. But sometimes you go down beneath the market. Let’s check the S&P 500 first with the time we got left here and see if there’s anything cooking down there. S&P 500, biggest winner today. I have noticed the fertilizer stocks have been breaking out. In fact, look at the chart of SQM, which is out of Chile. We’ve owned SQM in the past. Because it’s a big, major mining stock, and that’s one of Chile’s major assets, natural resources. They have a lot of copper. and a lot of lithium down there in Peru and Chile. So those stocks, Mosaic is up 3% today. That’s a Canadian fertilizer stock. We don’t own any fertilizer stocks right now, but we have in the past because there’s times when they do quite well. Okay, on the downside on the S&P 500 today, I imagine it’s going to be big tech. Tesla is down another 5.5%. And that reminds me of TSVD. which is a Granite Shares product, inverse Tesla, two times. That’s been a pretty good bet lately. That ETF, since I went to Granite Shares and visited the NASDAQ and met with them and was interviewed by him, that little ETF has tripled, Barry, TSDD. It’s two times short Tesla. Back in that time period, it was $26 a share. It’s $83 a share. So if you don’t like Elon and if you think the heat is going to continue on him, TSDD is up 11.6% today on 1 million shares. We’re out of time for a four-week trial. GundersenCapital.com. For an appointment with us. Financial plan. Talk about it. You’re not happy with your current advisor. 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 01 :
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 SIPC and FINRA.
