In this episode, Bill Gundersen explores the intricate dance of economic factors driving the market this week. With insights into the Fed’s upcoming announcement, hear about significant movements in stocks and commodities. Bill sheds light on the revolutionary impact of AI in various sectors, highlighting NVIDIA’s strategic partnerships and innovations. Discover how these developments could influence market dynamics and investor strategies in the near future.
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 06 :
And welcome to the Wednesday. It is the midweek edition already of the Best Docs Now show on this March 19th, 2025. And it’s all I can say is, Jerome Powell, please don’t kill the rally later this day. Because we do have a rally underway on Wall Street this morning. The Dow’s up 216 points, which works out to a half a percent. But even better than that, the NASDAQ He is up 187, which works out to 1%. After a rough day yesterday, the S&P is up 70 basis points. It’s up 40 points right now. The Russell 2000 up a little bit, up 9 points. which works out to 43 basis points. The bond market pretty quiet, awaiting Jerome Powell and the gang over at the Fed to see what they’re going to do. Most people expect no change and some cautionary talk about tariffs. That’s what we expect. The 10-year is up a couple of basis points this morning to 4.31%, but it’s down 50 basis points since the time Trump was inaugurated. Whether he can take credit for that or not, it’s up for debate, but they have done a lot to try to lower rates through the market. Crude oil is at 66.82%. Gold hit a new record yesterday. It is flat today. And Bitcoin is up $3,000 right now. So we have a risk on day, $84,379. So welcome to 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 with our cars pointed towards Sarasota. Fed Day, huh? Yes, and it’s Fed Day today. You’ll be watching that. We’ll get the announcement at 2.30 p.m. Eastern Standard Time.
SPEAKER 07 :
We’ll get the announcement of no move at 2 and then, of course, the dreaded press conference at 2.30.
SPEAKER 06 :
I don’t expect much from the Fed today. The market’s a little optimistic about what he might say about the economy. I thought there was quite a bit of good news yesterday, including the interview that Besant had with Maria Bottaromo, I thought was pretty bullish on the economy and everything and what they’re trying to accomplish and what they have accomplished and what they still want to accomplish. So let’s begin with, we had a spill, we had a down day in the market, and that’s part of building a bottom. A bottom is not a straight line in the stock market. It bounces and goes up a little, down a little, but it’s that sideways trend that you’re looking for. You’re looking for a support level underneath it, and you’re looking for a resistance level, and as long as it stays within that channel, that’s the number one sideways trend. And we’re in about day six on the NASDAQ, maybe day three or four on the Dow. Of that sideways trend attempt, there’s no guarantee that it will hold those support levels. But barring any kind of bad news, I mean, it does look like those bottoms are in place. And there’s some opportunities out there. Gold closed at 3,047 yesterday. That’s an all-time high. The tech sold off yesterday. I’m not really sure why, whether it was the turmoil in the Middle East and you had a little bit of risk-off move. But they seem to be stabilizing, and we’re off to a very good start today.
SPEAKER 07 :
And the news for NVIDIA was good. I mean, it wasn’t like anything was said that was detrimental to anything on that side of things.
SPEAKER 06 :
My take is those AI tentacles are spreading into almost every industry. I see Yum Brands is going to be the first restaurant chain to go heavy into AI. And GM partnership with NVIDIA to build AI cars. So I saw nothing but good coming out of NVIDIA’s speech yesterday.
SPEAKER 07 :
Have you heard of anybody trying any of these AI agents, Bill, at all?
SPEAKER 06 :
Well, I’ve used a few with like… technical support and things like that and uh i think they work pretty good yeah uh you know my agents are on the bubble i may replace them with ai no i’m just the berry we’re going to build the berry twin we’re going to write the twin that’s right the boys built a twin of me because uh you know wang was talking about digital twins how you can build a twin of yourself and go off fishing every day, and the twin will take care of all the stuff that you’re supposed to get done, excluding the honey do’s that your wife is asking you to do. I thought the twin looked a lot like me. Although I look a little more like Clint Eastwood than was suggested.
SPEAKER 07 :
It was a little more crisp, right?
SPEAKER 06 :
Yes, crisp. Very sharp lines and whatnot. But anyways, Wall Street had a little spill yesterday. I’m not too worried. But I thought here was the feel-good news. Even though Putin brushed off a complete ceasefire, he’s willing to pause the attacks on the Ukraine energy infrastructure. You know, I mean, to rebuild all of that, oh, my gosh. And, you know, also there’s some nuclear power plants up in that region that you certainly don’t want to get caught in the crosshairs. I thought they made progress yesterday. Zelensky says he favored a halt in the attacks on infrastructure, but he’s waiting for details on what the Russians offered the Americans or what the Americans offered the Russians. Well, you know, at least the negotiations have begun. And that’s the first step is opening up some lines of communication.
SPEAKER 07 :
Yeah, some dialogue is better than none.
SPEAKER 06 :
There has been no cessation of hostilities between Russia and Ukraine since the latter was invaded in 2022. So I thought that was a feel-good story. I also watched the video. That was a beautiful thing, those big parachutes opening up and that capsule landing off the shores of Florida there and the dolphins coming up to greet the capsule. And I say, hooray, Elon Musk. Maybe you out there hate Elon Musk and think he’s a traitor. He brought them home when NASA couldn’t and when the previous administration really never made any attempt to bring them home. And now they’re home, Butch Wilmore and Suni Williams.
SPEAKER 07 :
They landed in the Gulf basically about two hours from where I grew up.
SPEAKER 06 :
Oh, I thought they landed in the Atlantic. No, they landed.
SPEAKER 07 :
Yeah, I think it was on the Gulf because I saw that it was about two, I think it was off the coast of Tallahassee. And so I would assume that had to be the Gulf, especially when you had the dolphin pod would make a lot of sense.
SPEAKER 06 :
Okay, all right. And then they headed off to Houston. That’s the sixth longest stay in the International Space Station. They had a few delays on their connecting flight. Like eight months. But now they’re home. That’s a feel-good story. Okay, here’s the last thing that Powell said before today’s Fed meeting, that he’s not in a rush to tinker with monetary policy. So I wouldn’t expect any kind of a rush. If you look back at the last things he said, he said, despite elevated levels of uncertainty… And there he’s talking about the tariff. This is what he said on March 7th. The U.S. economy continues to be in a good place. The labor market is solid, and inflation has moved closer to our 2% lower-run goal. You know, I just sent out my last message to the subscribers and clients yesterday. I said, you know, if he was really bold, he could really set the economy on fire with a quarter-point tariff. interest rate hike but i think they kind of intentionally wanted the market to come down uh besant you know he said we we think the market was too hot had gone straight up and it’s healthy for it to cool off i think powell may be one and he certainly i don’t think he’ll do a quarter point rate cut today but that certainly would set off the animal spirits once again wouldn’t it
SPEAKER 07 :
Yeah, and a flight to safety does bring U.S. Treasury yields down, by the way, because it increases the demand for Treasuries. And so by default, right, if the money is going towards Treasuries, then it will actually bring interest rates down.
SPEAKER 06 :
So it seems like we’re in a better place now with, you know, look, I told you the valuation went under 20x for the forward PE of the S&P 500 after being at 23. That’s a pretty significant drop, and the forward PE for the NASDAQ went from 28.4 down to 24.4. That’s a significant drop also. So why are we in a better place? One, valuations have gotten better. Two, interest rates have improved dramatically without the Fed’s help. And, you know, we’re building some technical bottoms and we still have a strong economy. So there are opportunities out there. And I’ve certainly been busy. over the last several days. When we come back, I want to mention one other feel-good story. That was Besson’s comments to Maria Bottaromo. And then we’ll get into our friend Jansen Wang’s comments. And welcome back here to the second quarter of today’s Best Stocks Now show. A couple indicators that are proprietary to what I do. The amount of B-plus ranked stocks got as low as 208. out of almost 5,200 back on the 12th a week ago. So we kind of hit the bottom in the market on that day from this current correction. It got down to 208. It’s been steadily climbing, and today we’re back to 328 B-plus or better-ranked stocks. That’s a combination of valuation and momentum. Peer momentum is the A-plus-ranked stocks. We got as low as, let’s see, on the A-plus stock, 74 on March 11th. And today we’ve got 110. So that’s a healthy move. We’re back maybe just a little bit below average. We’re almost back to an average level. As I look at the VIX, the volatility index, it’s cooling off a little bit. You never know about external news out there. We’re kind of in a quiet period right now. The quarter doesn’t end. We’ve got 12 more days left in the quarter. We may get some warnings, you know, a few earnings warnings here and there.
SPEAKER 07 :
The put-call ratio, as you said, it kind of got to an oversold. At some point, you have all the folks who wanted to sell have sold, and so that selling pressure ends, and you’ve seen that in put-call ratios too.
SPEAKER 06 :
Hopefully winter is over and spring is here, and we’re seeing some green shoots. Scott Besson, Charleston’s own Scott Besson, our Treasury Secretary, sees no reason for a U.S. recession But a pause, okay, that would just mean leveling off for a while, is possible. Because, you know, look at all these government layoffs we went through. He says, what I can guarantee you, this is in an interview with Maria Bottaromo, is that there’s no reason we need to have a recession. Now, if you remember history, Volcker put us in recession purposely because we had runaway inflation under Jimmy Carter. It was up to 18%, 19% inflation. Biden’s version of inflation was only 10% or 11%. So Carter is still the inflation king as far as I’m concerned during my lifetime.
SPEAKER 07 :
Yeah, Volcker raising interest rates a few points at a time.
SPEAKER 06 :
Yes. The underlying economy is healthy, says Besson. We’re seeing some very good underlying… Now, remember, he’s traded the markets for 35 years, so he also looks at it from the same perspective that we look at it as… as CFAs and investment managers.
SPEAKER 07 :
Yeah, he went from being on Bloomberg straight to the Treasury’s office.
SPEAKER 06 :
Yes, exactly. He says we’re seeing very good underlying data from credit card companies. Okay, that’s important. He says still the economy may encounter a pause as the administration reduces this incredible level of government spending. You know, look, I don’t, okay, you’re going to criticize, you know, Doge and what Musk is doing. Look at all the waste. I mean, every single department. I saw the guy from HUD. He was a former football player. I think his name is Scott Johnson. Played for the Chargers, San Diego Chargers for a while. And he was talking about all these empty buildings that they’re paying rent for and all these broken down elevators that are costing them millions of dollars to repair. What’s her name from Carrie Lake who’s over the public radio? She got there. They have this space in this fancy tower in New York City that’s been vacant for several years, and they’re paying rent on it. I mean, just ridiculous stuff. If you ran a business like that, that’s poor stewardship, in my opinion. I have no problem with doing an audit on everything. And getting it cleaned up. You know, there’s been times in my business.
SPEAKER 07 :
Well, and get it to a better use. I mean, there’s got to be a better use, right, than it being basically a sinkhole.
SPEAKER 06 :
A vacant rent building. You’re paying big, expensive rent in the high-rent district of New York City, and you haven’t used it in years. Okay, and then he says, in discussing tariffs, countries may seek to negotiate with the U.S. Okay, that’s where the bargaining begins. You throw out a big number on the tariffs, and then the negotiations begin. That doesn’t mean that the tariff’s going to be that someday. Okay. We have until April 2nd, obviously. The countdown begins. We’re down to two weeks away from that. He says, I’m optimistic that April 2nd, some of the tariffs may not have to go on Because a deal is pre-negotiated, or once countries receive their reciprocal tariff numbers, that they come to us and want to negotiate it down. And they’re going to have different levels for different countries and different economic zones. depending on what their tariffs are on us. Okay, now we get into liquid natural gas and oil. Trump has proved the LNG exports. That’s back on. That’s something Biden halted, and he didn’t even remember doing it. When they questioned him, they said, how come you halted liquid natural gas exports from America? He said, I didn’t do that. And then they dug down a little more. Oh, well, I’ll have to check into that. That was a big, big deal. I mean, you’re talking Houston and Louisiana and all of that coastline down there where they’re turning natural gas into liquid and shipping it to Europe. Well, he approved the project Venture Global, VG is the symbol. It was up 8% this morning as he approved their permit. And they’re lined up with several customers for LNG supplies, including ExxonMobil, Chevron, Japan, and Europe. He’s also meeting today with top oil executives, including Exxon CEO, Chevron CEO, Conoco CEO, Phillips, Marathon Petroleum, and meeting with them. Okay, now let’s talk about NVIDIA. You watched most of it, and I think Jeff watched most of it. I was wheeling and dealing in the trading pits while you were watching it. But I did read your tweets to me or messages to me during that. And I would say that the tentacles of AI, I mean, it’s just beginning really to spread. Would that be your takeaway?
SPEAKER 07 :
Yeah, and I think what NVIDIA essentially is doing is kind of building themselves into all those different ecosystems. I think the big thing was, and I remember reading it via the earnings transcript, was the piece on autonomous driving. I think they’re going to partner with GM, if I’m not mistaken, in terms of… working on some autonomous driving capabilities. So they will be ones that are kind of driving that force going forward.
SPEAKER 06 :
Well, we’ll dig into it a little more, but he says it has drastically changed the world in just the past few years and fundamentally changed how computing is done. But I want to talk about some other places where AI is now infiltrating. 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. And welcome back here to the second half of today’s Best Docs Now show. Well, you know, Jensen Wang gave quite a rousing speech. The rise of agentic AI. That’s what you were talking about, the agent, AI agents. can pursue goals and make decisions on their own. But he says that will require easily 100 times more computing power than was believed just last year. And I think that’s why you’ve seen some of these What do you call these stocks that, quantum stocks, have been on the move because the need for speed continues to increase.
SPEAKER 07 :
Yeah, and I saw something, you know, somebody talking about the, in other words, the trillions of dollars it will take to kind of, you know, almost rebuild the current kind of network. And the guy mentioned that only a very small amount of that is going to end up going towards quantum computing just because it needs to be here quickly. Yeah, it’s not there yet. Yeah, some of that’s not there.
SPEAKER 06 :
He emphasized that the top four cloud service providers, Amazon Web Services, Microsoft’s Azure, Google Cloud Platform, and Oracle Cloud have bought 3.6 million Blackwell GPUs. Can you imagine that? 3.6 million. And they’re about, what, 50 grand apiece, something like that? Compared to the 1.3 million Hopper GPUs purchased last year. Blackwell GPUs only just started shipping in the latter part of 2024. He says by the end of the decade… Data center build-out should top $1 trillion.
SPEAKER 07 :
Yeah, and their margins kind of got a little bit thinner just because they were ramping up the new chip. And then now as it ramps, their margins are going to increase, which in turn is going to be a fuel for earnings as well.
SPEAKER 06 :
Yes, and AI is getting much more sophisticated. He says it’s going through an inflection point. there will be CUDAx libraries. I don’t know what CUDA stands for, but something very big and complicated. In the field of science, Wang said including quantum computing, physics, 5G, and 6G networks, gene sequencing, computational lithography, and more. He showed off a new CUDA library, which is computer-aided engineering. Partners include ANSYS, A-N-S-S, and Cadence Design Systems, who just lost their CEO to Intel. He says, we’ve now reached the tipping point of accelerated computing with NVIDIA’s CUDA software. Well, let’s not forget they’re a software company, too, being a large part of that. As part of the keynote, Wang announced several new partnerships, including that NVIDIA will team with Cisco, T-Mobile, Cerberus, which is a private company. In addition, GM has selected NVIDIA to help build its self-driving autonomous fleet. Wang said. I can’t remember if there’s a name. They had a name for the car that GM is going to produce built on that.
SPEAKER 07 :
I started with a W, but I’ll find it in here.
SPEAKER 06 :
Yeah, kind of interesting. And several other partnerships, IBM, Micron, GE Healthcare, Supermicrocomputer, and ServiceNow. Okay, Wang also took the wraps off NVIDIA’s next two generations, including Blackwell Ultra and the widely speculated Ruben. Not the sandwich, no. That’s going to be the ultimate AI chip at some point in time. Blackwell Ultra has more memory and twice the bandwidth of Blackwell. It’ll be coming in the second half of 2025. Ruben, which has HBM4 memory, that’s where Micron comes in, will be coming in the second half of 2026, Wang added. And the next generation after that, Reuben Ultra. That’s with corned beef, pastrami, and double Swiss cheese. Will be available in the second half of 2027. Reuben Ultra has 15 times more exaflops for inner cheese. conferencing and five exaflops for training and 14 times more gb 300 nvl 72 this guy’s a little bit above my pay grade i would say but you know i kind of get where they’re headed it’s like you know this guy’s the limit he says ruben will going to drive the cost down tremendously So anyways, it’s pretty interesting what is going on right now.
SPEAKER 07 :
And the Cosmos, there’s Omniverse, there’s Cosmos, there’s Drive AGX. So they’ve got a lot of different tentacles. And then also on the health care end. Yeah, big time in health care. Some of these health care partnerships.
SPEAKER 06 :
Drug Discovery. Together. And of course, NVIDIA works with Taiwan Semiconductor. He showed off new offerings of Enterprise, which will be with H. Hewlett Packard and Dell and others. And he said that they’re also working with the storage industry. That’s Western Digital and Seagate and Micron and Samsung, companies like that, to bring artificial intelligence to data storage. For the first time, your storage stack will be GPU accelerated. Robots, Wang also showed off Groot. You know, my grandchildren watch Groot. I am Groot. Have you ever watched that?
SPEAKER 07 :
That’s the Avengers, right? They have like a… I’ve got three boys, so yeah, at one point in time, yeah, Groot was on the screen. Kind of a cute little thing. Been replaced by other stuff over… I am Groot.
SPEAKER 06 :
I get my little grandson laughing so hard. He has this little play model of Groot, and I start talking to him with it and stuff. He laughs so hard. I won’t say the rest, but he’s a funny guy. Wang also showed off a collaboration between Google’s DeepMind, Disney Research, and NVIDIA called Newton. So, you know, look, the bottom line is, is NVIDIA maxed out as NVIDIA done? It almost seems like it’s the Intel with Moore’s Law, you know, way back in the 70s. Now we’re taking a quantum leap forward. One AI analyst said NVIDIA’s GTC show keeps pushing the envelope. I mean, this guy really is a brilliant guy. KeyBank Capital Market Analyst John Venn has an overweight in NVIDIA. There were numerous highlights from the keynote speech. Wedbush said all the announcements, including robotics, are further indication that the AI revolution is not slowing down. So, anyways, let’s see how NVIDIA actually sold off a little bit, but the market was down yesterday, too.
SPEAKER 07 :
Seems like NVIDIA is going to be the guardian of the galaxy over here, at least in terms of the chip piece, right?
SPEAKER 06 :
It is the AI stock. And I’m surprised, you know, it’s lost its momentum. The stock’s momentum is gone. The relative strength is 47 on a scale of 1 to 99. The valuation is pretty compelling if you look at forward PE ratios and PEG ratios and all this and that. So this may be one that you just buy and keep, you know, in your back pocket and watch this quantum growth over the next several years.
SPEAKER 07 :
Yeah, I mean, a PE of 25, right?
SPEAKER 06 :
I know.
SPEAKER 07 :
25 and a half. I mean, it’s not, I mean, it’s not, given their growth prospects, and they don’t seem to be slowing down anytime soon.
SPEAKER 06 :
Well, Yum! Brands, they’re going to key areas of voice automated order taking, computer vision for operational efficiency, and accelerated restaurant intelligence. Yeah, maybe they’ll leave off the pickles when you say leave off the pickles, and they forget to leave off the pickles. Accelerated restaurant intelligence, that would help, okay? So anyways, it’s everywhere. Now, okay, let’s go to California for a minute. It’s the home of refineries. There’s a lot of refineries in California. I’ve driven by many of them there on the 405. The problem is they’re all shutting down and they’re not going to rebuild. Phillips 66 is shutting down their Los Angeles refinery by October. It could have a significant impact on fuel supply and prices. And of course, this is exactly what California wants. Los Angeles spot C-A-R-B-O-B prices rose to nearly $5 a gallon in September 22 and 2023. fuel supply will become very tight in California. So you need to know that. Get ready to buy your electric car. Hopefully we’ll get that technology here from China, which charges the car in five minutes. That would be something. All right, we’ll be back with some individual stocks here.
SPEAKER 04 :
On a winter’s day.
SPEAKER 06 :
And welcome back here to the final segment of today’s Best Stocks Now show. Just a few other stocks here in the news. Mostly we had some earnings, including one of our stocks. I do see that Tesla got a key transportation permit in California, which I’m surprised about. Newsom didn’t stop that. They’re taking their first step towards robo-taxi operations in California. Amazon’s robo-taxi Zoox is having issues. When a motorcycle approaches it too fast from behind, it throws on the brakes. I think there’s a lot of issues that have got to be worked out with the autonomous driving there, Barry. And on the earnings front, General Mills falls after warning on a snacking slowdown. I’m going to link that with ZepBound and Wagobe.
SPEAKER 07 :
I was going to say, I don’t think you’ve got to look too far with that, do you?
SPEAKER 06 :
And I’ve read that one out of five people, adults in America, have tried one of these GLP-1s, whether it be a knockoff compound or the actual thing. Tencent Holdings has reported earnings. That stock has had a really good year here so far. That’s probably one of the best stocks in China, $652 billion. Their sales were up 12% and their earnings were up 42%. Excellent report from TCEHY, which is $0.10. In our emerging growth portfolio, we own Sport Radar, which is kind of like Moneyball, you know, all of those stats that are out there today, StatCast and all of this.
SPEAKER 07 :
A lot of that also fuels into odds and everything else, especially some of these real-time things where you essentially probably, I’m sure you could probably bet on some of that, right? Yeah, probably some prop. Hey, I bet you he gets a hit right here, gets your bet in, and then magically, right, somehow there’s some odds to that.
SPEAKER 06 :
Well, the proposition comes up during the game. What are the odds that Padres will lose to the Dodgers? I say like 99.9%, you know. But sport radar, you know, they have the actual number and everything like this. Sport radar is up 7.4% today on five times normal volume. We own that in our emerging growth. And they’re buying IMG Arena and its global sports betting rights portfolio. I don’t know if Sport Radar is going to become a gambling company themselves. All these bargain outlets have reported they’re leasing space where others are going bankrupt. And Ollie’s is up 10.7% so far. 10.7% and Ollie’s says, hey, you go bankrupt, we’ll take over your store and we’ll put an Ollie’s in there. I’ve never been into Ollie’s. We have one here in Mount Pleasant. I guess I’ve got to go in there and check it out sometime. Maybe get a new wardrobe while I’m there. Let’s take a look here now inside, underneath the surface of the market. Let’s begin with the Dow, the big one, the Dow 30, which represents our economy for a pretty good indication of that. On the upside on the Dow, it looks like the leader is. Boeing up 6.1%. $10 per share today. You know what? Boeing’s made up a lot of lost ground here.
SPEAKER 07 :
I mean, it is somewhat of a monopoly, right, in terms of, you know, these companies have to, you know, they’ve got to get these planes out. They’ve got a big backlog. It’s either Boeing or Airbus. Well, a lot of times as they have missteps, all they’re doing is increasing their backlog, right?
SPEAKER 06 :
We drove by the Boeing plant last night, and I saw several planes ready for delivery. I saw two.
SPEAKER 07 :
They’re always ready, painted up, aren’t they?
SPEAKER 06 :
And I saw Lufthansa. They’re beautiful. I mean, brand new, big jets, all freshly painted.
SPEAKER 07 :
All the different… Awesome stuff. All different airlines.
SPEAKER 06 :
It’s amazing. Going all over the world. Okay. And there’s really no losers on the Dow. Amgen’s down 1%. Now, S&P 500 gives us a little bit broader look at the market today, which… So far is favorable. Boeing again the leader. Caesars is up 4.7%. I know that an activist investor, I want to say Carl Icahn, has taken a big stake in Caesars. He likes to throw his money and his weight around. Amphenol is up 4.3%. TripAdvisor up 3.6%. Carnival up 3.4%. Pretty good.
SPEAKER 07 :
Nice move in Shopify today. Shopify up 6.6%.
SPEAKER 06 :
Okay, they’re moving from the New York Stock Exchange to the NASDAQ, and apparently that’s a good thing, right?
SPEAKER 07 :
And Robinhood also is having a good day, up well over 4% at the moment.
SPEAKER 06 :
There you go. Not bad. On the downside, the turnaround hopeful, Intel is down 6.5%. Maybe the new CEO got there and said, wow, what a mess. Maybe it’s like maybe they’ve got to send Doge in there. I don’t know. Gilead’s down 3.8%. There’s not much down, really, of any significance. It’s a pretty good breadth. breath day and last but not least is the nasdaq tesla is up 2.6 netflix is up 2.6 booking is up 2.3 cadence is up 1.9 one of nvidia’s partners and on the downside we have baidu down 4.5 intel down 6.6 okay well that was a fast moving hour And I can’t wait to get in my seat, strap in my seat belt, pull up the charts. I’ve got about 600 to look through. There’s opportunities out there. The value fund is coming out on April 1st. And I’m funding. I’m going in with money of my own. I’ll be the guinea pig in that value fund, the first investor in it. And I’ll actually be using that for the tracking of the results. It will be my own money in that value fund, which we will be adding to our offerings of portfolios. And if you’d like to make an appointment with us, 855-611-BEST, 855-611-BEST. We can meet in Sarasota in person while we’re down there. I don’t know if there’s spots left, but you can try with Edie. Or you can just try the four-week sample. You get an education. You get a newsletter every Saturday. You get alerts throughout the day and access to my BSN powerful, very powerful app, GundersenCapital.com. Let’s hope for a Fed rate cut today. I don’t expect it, but you never know. Have a great day.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIBC and FINRA.
