Monday Nov. 18, 2024 - U.S. long range missiles to be fired from Ukraine at Russia.
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He's been seen on C, N, B, C, the fox news center and the fox business channel. His articles can be found on market seeking alpha, the street that down and many other places. He's the author of the weekly best stocks now newsletter and the inventor of the best dog smell. These president of henderson capital management here is professional money manager and .

and welcome to the monday IT is .

a new week IT is november the eighteen and is the live edition of the best talks now show with professional money manager bill gunterson present of gunterson capital management and i'm here with very kite are charted financial analyst and we've got a little bit of a mixed market here so far with the door of fifty and the next deck down fifty or the massic of fifty and the downed fifty uh mostly um well in video is kind of leading the to the downside and the video will report earnings here this week.

The nas deck on the other her hand is up fifty eight. It's mostly tesla. Tesla is sitting in a good spot right now.

We'll get to that in a minute. What's going on there today? The door the national day is up fifty three, but most your big text talks are not participating in this little rally.

In the nas deck. The small cap stocks are about flat right now, and we have the S N. P. Five hundred of just seven points right now, one tenth of one percent. Let's take a look at the the commodities we get cruise up a little bit.

One point eight percent to sixty eight twenty three gold is up one point seven percent to two thousand six hundred and thirteen dollars per ounce and bitcoin is up three twenty nine. Bitcoin had a huge week last week. It's at ninety thousand five hundred and two today.

So welcome to today's best talks now show with professional money manager bill gunterson, president of gunterson capital management. I'm here with very kid are charted financial analyst and a big community of followers that will follow along today to see my comments on the market. A the the major story from last week as the market settled down considerably from the big rally.

In fact, you can look, I showed the day by day blow in the chart of the day, the day, the day of the election, the day before the election, the day of the election, the next day and the next day. And then kind of the cell off and the settling of the markets since that point in time. And I would call today another set day. I would not call at a rally day at all. Last week, the nasza c was down three point two percent after that huge gain during the election week .

in a lot of IT on friday.

yeah, a lot of IT was on friday. A small caps were down four point one percent last week. China was down four point two percent last week.

The big winner was bit going up nineteen percent last week. Holiday crude oil was down four point nine percent last week, and a gold was down four point six percent last week. So the generations continue.

The trump prayed late for about three or four days. And for now, IT has definitely warn off as the market settles in. And the kinney is where different things land.

Who gets nominated for what? What kind of policies? There's a very big news in the global news here today that I think could be impacting the market a bit and a whole lot more going on, including some big earnings reports that will get here this week.

So we close on a very weak note on friday. The market was overdone the previous friday. I said, look where at twenty two point one times forward earnings.

And this is as highs been into two year, three years, two years, and something needs to give here. And I did a little bit not enough. I still think it's overblown quite a bit here and it's going to continue to settle.

But other areas of the market are not settling. They're starting to pick up some steam. Uh, the biggest reason that the market sold off on friday was our friends at the fed, Jerome palls comments said, no, you know, I don't know about if we need any more rate cuts any time soon.

And that sent the markets in a tizi IT sent hyp e stocks in a tizi on friday. We also had applied materials earnings that hurt tech on friday. The chip stocks continue to be very weak.

IT remains to be seen weather and video and let the tech sector this week when they report on wednesday, we had big farmer in a brutal cell off off on friday. And the biotech, and this is mostly a reaction, or all one hundred percent of reaction to r. fk.

Being appointed as the H. H. S. secretary. Evered both sides of the argument. He know nothing about science. And I heard the other side of the argument that science is the one that's been in charge for the last thirty years while we are, health has gone. So I heard both sides of the argument um and IT did hurt the markets pretty big last week, especially the weight loss drugs are just set getting clubbed right now. The biotech stocks engine, which is a member of the doll uh all a big pharma and oh my gosh to the vaccine stocks on thursday and friday fights er uh especially just plumbing uh because r fk junior will be your head of the health and human services uh come january to twenty years when he gets, if he gets confirmed, you got to get through two the appointment and the confirmation okay.

least I think at a minimum we at least have somebody in asking questions right.

right? You took down mean, in terms of .

those you continuing along the same path were been on or you know take a look and see if there's some improvement that we can make.

yeah. Well, I think the biggest start that stands out to is the incident of autism. Now whether you can trace that the vaccines or not, I don't know, but there has been a huge increase. Thirty one and thirty four now is born with autism.

So there is something and he points to one thousand nine hundred and eighty nine, he says that's when things really started to turn so can explore this and get to the bottom of IT IT. There's something is not right out there. And what is IT? I mean, is that corn server?

I heard all kinds of different theories on this. So anyways, that was not good for the farm, a big farmer and the biotech last week. Now, uh, last night, as I checked, the futures they were up, the mazda was up a hundred and ninety two points.

And of course, it's barely up now after the market is open, it's mostly tesla. And you know the trump team plans to ease us rules for self driving cars. okay. So i've been saying that this is probably the next big thing that come along after since A I is self driving cars, fully autonomous cars, and actually seeing them on the road and pulling up behind them at stop signs and the breaking for them in winners.

I don't know how what's all going to go, but the rules are going to be relaxed and there is going to be a big move towards self driving cars autonomists fly autonomous vehicles without drivers, which is seen as a big boost for tesla. Um so you know he did recently I think IT was what last month that um elon must laid out his case for robot taxes in general. You're seeing a cell off in testers, competitors like uber uh and lift uh and of course that amazon is also a big player and google in these um in these autonomous cars.

So all of those are involved. But the one getting the big bounce today is tesla once again. And you know, that appears that musk is a pretty loud voice in the current administration.

That's great art on tesla. What can I say? Even though their earnings are flat, I mean, totally flat.

Tesla up another seven point nine percent today or twenty six dollars per share. And IT is the biggest percent gainer in the nas. Dec today. The second biggest gainer is dollar. Really exciting stock that I wouldn't have much to do with .

now is is still .

a hour yeah on the global front okay. Big news. And i've checked around with my context that I know that are in our military, nothing top secret or anything.

But there was big news over the weekend, I want to say, coming from the bite administration with only two months left in there, you know, in vance a presidency, he authorized ukraine to use long range missiles to strike russia. Okay, this is a declaration of war almost. This is a big, big deal.

Um you know that has been totally off the table until the last, which is eight weeks to go in britten's administration, he makes this big call to and to forget these are U S。 Missiles that will be fired at russia. That's a big deal on the world stage.

will be right back.

Back here to the second quarter of today's best dogs. Now show what we went to the break talking about biden authorizing ukraine to use long range missiles to strike russia in these are U. S.

missiles. okay. So that is a very, very big deal in russia has said in the past that, that is a red line. We'll see whether or not they mean IT, but they consider the use of long range missiles a direct involvement of nato countries, and in particular, the united states of america.

The meantime, peace talks are ongoing, a world war three talk is ongoing, all kinds of talk going ongoing in the russia at ukraine, and of course, truck brand on the, on the one of his lines, and the are promises that he made as he would end that war in the first twenty four hours of his presidency. So here's all these currents crossing. And I don't think IT helps the market here.

It's very unsettling, very unsettle, to say the least, and less not forget that bite. Not so met with china's being being on friday, thursday. I think IT was down in south amErica and china put up four, four red lines in the same.

Now I bring this up because IT impacts the the stock market in a big, big way. Number one, the taiwan question. He said, don't mess with us on taiwan.

This is he talking. He says, don't mess with us with democracy and human rights. There's still talks of a slave labor, you know, in lave labor camps, building solar panels in china, china's path and system don't even talk about us with that.

That's our business and chinese development rights, those of the four red lines. So china remains a very active combatant, potential combatant out there. And um we definitely have a cold war right now going on with china, specially with the S.

M. I. Can doctors in the chips right? Yeah mean for their economy is suffering at the same time.

Sounds like a box. He's got four four red line.

Don't you dare cross one of these, right? okay. And because the mister question.

just to touch to touch on another fact, the mysore question from, you know, to kind of allow that so late into your president, you right? Very weird. IT seems a little then I mean, IT certainly seems a little proof, almost provocative provocative .

IT almost seems like, I mean, you're antena i've got ta go up and say, is he trying to sabotage trump and cause a bunch of conflict here before he leaves office? So you know, look, you let you decide that for yourself speaking a conflict. I hope you didn't watch mike tyson versus jake paul. Did you watch that at all?

I did not. Was that for you?

I don't know. IT was free on netflix.

I heard that was a little IT was a little slower in terms of know, just spotted in terms of vio the feed but my we got a senior in high school, he he watched some of IT. He said he was I think I think I read a review of IT and I said, you know, IT looked like, I guess, twenty seven year old man boxing fifty eight year old men and that's exactly what I turned down to me. I mean.

yeah, well, sixty million households tuned in yeah for that when only five million tuned CNN for the election night. Sixty million to watch fifty seven year old dude get in the ring against year old youtube turned boxer is what that came down to. Well, you know, look, I grew up during the the golden year, whether you want to call that that or not, of the heavy aid champion of the world, muhamad I je fraser. Mike tyson, of course, was in there several others along the way. And I was at .

the winter, that whole medal, that whole middle weight group, I think, should have rate winter haven.

Er, you just got a joke because we can really kind of a joke. I was at the ken norton mohamad a live fight in Sandy ago. My father took me and I get norton break mohamed always jaw and beat him and become the heavy way champion of the world.

Okay, oil exact. This is a big story too that may fly under the RAID dar a little bit, but oil executive Chris White, chosen to be trumps energy secretary. Why is that a big deal? Number one, he is the CEO of liberty energy, which is a big fracking company.

And i'm going to talk, I actually have a friend that leaves a every couple of weeks, goes to the permian basin and works for live liberty energy in the oil fields. Okay, the number one he's gone to be trumps energy secretary. You got to believe he's pro oil and pro drilling and drilled baby drilling.

And that affects a lot of things. I've noticed that the oil stocks themselves have really perked up. I mean, after being really dead in the water for several couple years anyways.

And in particular, the liquid natural gas stocks have worked up. The other little new here is Chris, right, is on the board of directors of oak lo nuclear, okay, which is coming up with the smaller hopefully nuclear reactors. They have no customers. They have no earnings yet, but they have signed a couple of companies have signed letters of intent to purchase oak's energy system for data data farms.

And you know the the fact that Chris right, who could be the new energy secretary if he gets A A, voted in and and approved, he also sits on the board of directors of a nuclear energy burgeoning little well, all of them smr, the ones that are coming up with the new fuel, a spi IT tells me that you I don't think trump is going to ditch nuclear. I think he's going to follow through with, you know how biden was very, very bullish on nuclear energy and have a big planet to really increase nuclear over the years. okay.

And then transportation secretary to replace pete boot ges is the former uber executive that they're talking about. And um I can tell you that one of the big plans that um the transportation department is going to have is going to be autonomous cars and of course with you know v vin with elon, whether you like them or not, they have a big say now and they believe in a future of autonomous trucks, autonomous taxi, autonomous cars, little delivery vehicles except robots, especially robots. Musical ly sees a big robotic company within tasia, which is quite an asset on top of everything else.

And he on. So all of these changes and new hands are changing the landscape of the market big way. And you know, we saw that the day after the election. We saw the next two days and follow through.

Then we've seen a settling down here, uh, and you're going to a start to see new leaders emerged in the market as the landscape has taken a pretty big change. When we come back, we still have earnings where earnings it's never ending. Now you get a break of about a month without any earnings, but there's a big ones this week that we're going to talk about. This is the best talks now show will be right back.

This is bill Anderson. 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 its stories that I can to get two, three weeks of my newsletter. Go to gunterson capital dot com to talk to us about our fee based only money management services. Call us at eight, five, five, six, eleven best. Now back to the second half of the.

Because that something.

And walk back here to the final segment of today's best dogs now show. Well, you think i'm kidding when I say when these accounts come to us from a larger firm or regional brokers firm, I can almost tell you the portfolio of the stocks that will come in.

We have to going today, here we go, apple abbott labs s analog devices engine, coal gate, palm with golden sex on deepole, the viterbo old Johnson and Johnson, the venerable old kimberley Clark lows, mcDonald's, papi porter and gamble. That's in every report volie out there that seemed like the big ones, united health care, walmart, that is your wall street big institution portfolio. And that's the recipe that they follow.

And I seen a time and time and time again and once again when I saw those talks show up today. And we must have somebody transfer IT from one of those bigger firms and that sure enough that, that is the case. okay.

Now this week in earnings so far, i'm going to give this earning season may be A B minus somewhere in there. It's five point one percent growth in earnings versus the same quarter last year. It's the usual number of company's beating earnings, about seventy five percent or so about the usual amount of companies beating revenue.

But I have not seen any downgrades hardly at all to this year's earnings estimates next year and the year after that. So that's good news. But this week, today was pretty much nothing of much consequence.

But tomorrow will be wall mart, okay, walmart, a very expensive stock for what they do for a very thin profit margin and a slow growth company. A lows will also report. I see lows in the same light that I see walmart, a very slow growing thin profit company. And then on wednesday, you could say that this may be the biggest earnings report of the entire corner here. Everyone in video will report, uh, after the clothes on wednesday and it's finally .

took a while to get here. It's always it's always a late, late reporter in terms of the in terms of the earnings garner and .

I would just say that the chips, stocks, the sector has been extremely weak. IT was a leadership sector earlier in the year. Uh, I think there's a few reasons there.

I think one of the biggest reasons is probably the chip war that we're having with the china h and not a giving them access and not letting taiwan some icon ductor cell to china. Um and it's really cause kind of applause in the entire semiconductor sector. Target will report on wednesday that the day after, uh, wm mart reports will see how there those two we're doing in this current environment.

You would be interesting to see how they with .

their description of the retailers .

trading down or or I don't I did see something where I think setting and seventy percent of Christmas packages so far, I think, have been bought out from one to say was walmart, walmart, amazon and africa with the third one is I think third one to costco.

So yeah, I mean, those they dominate the retail landscape. Palo alto networks will report on thursday or wednesday along with video. So those are two big ones for wednesday, and then deer will report on thursday and into IT.

Now despite all that, goldman sax says the global economy will continue to grow solidly in twenty twenty five despite trade uncertainty. Well, you know, I would tend to agree with that. We're not seeing any slow down in earnings.

We're not seeing any slowdown in p and we're not seeing any increases in layoffs. The the economy and the jobs markets still remain strong, and that can change very, very quickly. But we're just looking in taking him all the facts that we have at the current time. And videos, black word ships over heat heating and servers as how fast they're work and bury to good news as you can heat you, you can heat your much bagel in there in the server and you're gonna have a nice toasted bo with some so I don't know that's a big problem or not.

I never forget when I was in college, I had a guy that worked at the restaurant, the same restaurant I did. He did a lot of our IT work, but he told me one time he said, berry built. He's like, i've built the fastest computer at the time.

He goes for, for, for, like I think he said for twenty minutes. Then IT caught on fire in the wall that I to do IT. So no of the words together, I had so many fans on.

And so, I mean, thinking of in my head the amount of you've named off that that air condition of air company yeah. And in other words, you you really have to keep them cool. Just your Normal aac is not going to do IT.

But I got probable eight grade electrical class where you had to wipe the wire around, oh yeah, the magnetic thing and the light ball to turn on. yeah. Somehow I crossed.

I put the negative word, the positive goals, whatever, and that thing started spin and and started going in red. And then I took off across the room, had some guy in the neck on, so like, that's why I never became an electric car mechanic. Anything like that? NVIDIA is said to face key race from the global trade war.

So look, there's ups, there's downs, there's positives within via, you know, I mean, we may have seen the very best days of NVIDIA. Mean, that was explosive. I would expect another explosive quarter.

IT just comes down to how explosive is. That was a million degrees fair and hyder was the only nine hundred thousand degrees farense. That's kind of what IT comes down to.

I don't like the way the chip stocks are trading. I don't like the way and photography is ready. We only own one chip stock.

We continue to own video. And of course, I have between now and the clothes of the market on wednesday to decide what i'm going to do. My position we've got a couple of very weak positions because the landscape has changed.

The big drug stocks are just like wow with r fk. And yet there's people out there, uh, the the man wells fargo o says medvec should not be greatly impacted by r fk junior. okay.

In the meantime, the charts are showing something different. The charts are showing that they're scared to death. The vaccine stocks fell significantly on friday.

IT was really ugly to look at a vizor uh and uh novo or desk and lilly R F K has come out in the past. He's not for the the weight loss stocks, which I can see any negatives to the weight loss stocks. My IT seems like a lot of problems go away when people lose the weight, but anyways, they are selling off.

U. S. Farmer is largely immune from make amErica healthy again, says wolf research.

This is, don't worry about rf k, but like I say, the charts are saying something else right now. OK, let's see spirit airlines. You ever fly spirit airlines?

Very think now trying to think if you've ever floated.

I know I mean, always see the point .

because it's the airport yeah, but I don't think I think I know .

how to the gotten know when you sit down in your seat that the company is broke. That's not good. And then I saw another one here.

This is right after the drug weight loss drugs stocks, fat brands. You know, they have they have some franchise that are just really doing poorly, really poorly. And I I looked they're floating some notes, nine and a half percent.

okay. So that gives you an idea of the high risk in the stock. This simply, I think, is fat is the opposite of lilies and zepeda.

Let's just see what some other I know, smokey bones. We have one in north Charleston. I never see anybody in that place their own round table pizza once the last time you're at marble slab creamery.

John y rockets, well, what used to be pretty good. I kind of like john y rockets. I don't know what happened to IT hurricane girl, what else do they have?

Ponderosa keells, i've haven't seen one of those lately. No wonder they're paying in nine and have hot dog on a stick. We used to do a little work for hot dog on a stick many years ago.

Twin peaks, bury the pretzel maker. Saules, yeah. I wonder.

And then, of course, fat burger, no wonder they're paying nine and a half percent to get alone. Trouble troubles the company. All right? Well, oh, no, there's the music.

okay. So when we come back, we're going to take a look underneath the market and get ready for a day of exploration. Underneath the surface of the market will be right back.

And walking back to the a final segment of today's best dogs now show, let's begin with the dough, which has been reconfigured a little bit recently with the addition of sherwin Williams. And in video, the dow right now is down about sixty five points. That works out to fourteen basis points.

The one dragging IT down the most is nike. That's not a good chart on nike. Nike is now one hundred and eleven billion dollar company. H nike is breaking support really to the downside that I would call IT one of the trouble down downs. Cks right now, along with the boeing, is a troubled deal stock.

And united health care has been a troubled stock, often on a fizz, definitely a trouble deal stock right now you look at a chart of IT, and amine has also joined the fray as a troubled the stock because it's a big pharmaceutical that's a terrible chart on am. I don't think am should have ever been put in the down myself, but who am I? IT is now hitting a new a fifty two week low is engine on the upside of the doubt today is verizon and apple OK.

I don't give much credence to verizon. It's you're going to get to divide, dan, and you're going to get one percent growth. Apple is number two up one point six percent.

It's an okay chart with my problem. The valuation tells me the physical cent up. So I potential over the next five years, which is very sub par.

And is that relates to in video? Okay, in video was down two percent this morning, and now it's made up some of that. Let's see, a video right now is down, still down, but not two percent anymore. And video is done a one point does he was four percent .

last four to one hundred and forty box.

And I would just say that that's a neutral chart. It's it's not a it's not a bad chart at all, uh, is not a great chart, is a little above neutral. I think the street expects a decent report out of invidia.

Their last quarter, their sales were up one hundred and twenty two percent. The earnings were up one hundred and fifty two percent. That's the weight.

And see a chart the way I look at IT. IT has a resistance at one fifty. IT recently became the biggest company out there. They go back and fourth in the couple last couple of weeks with apple apples up today and videos down. So the gap causes a little bit ah we ll watch our invidia trades.

It's all I can say, the little cell off and in video this morning right now being bought and that's a that's a good sign. okay. Now let's look at a bigger a bunch of stocks that gives us a wider exposure in our S M.

P. Five hundred and see what's moving there. I gotta believe that tesla continues to be one of the leaders in the market right now. S. M.

P five hundred, the percent gainer, best percent gainer, super micro computer berry, you know what? There's your most controversial stock probably in the entire market. It's up a eleven point four percent after just getting flashed. Its lost eighty percent of its value in the last four, five, six months with accounting concerns. But sc I at least has responded to the esc or whoever the powers to be are that they need to respond to that they're going to be reporting and and giving there a ten k in all the different things income statement except a but there's not a lot of faith in this stock is up eleven point four percent right now. Got to be a lot of short covering there too today, right that but apparently .

they're gonna. You roll in the dice.

you on the dice on that the dice like, you know, I mean, a lot of things there. okay. So now let's see.

There is another one here that I wanted to mention that, okay, S, M, C, A number two is tesla, eight point one percent. I mean, how much is must made since the election we end? If you include, you include that earnings .

released just before the election, right? What I think is member's wealth moved, I don't know. Twenty something billion. I think in one day.

yeah, he's made a lot of money since the election. He's now got a one point one trillion dollar company. And the latest news is that the trump administration is going to be very favorable on autonomous vehicles. And if if the gross going to come back to tesla, which i've been saying is going to be in the autonomous vehicle a area because that's a big market to address and at least for now. Uh, you know elan sitting in the position, I mean, he's going to W W fights ah yeah he was at the.

was at .

the fights. Yeah.

he was, was at the fight this weekend. And yeah.

and mosque is sitting next to him, right? Yeah.

no. IT was that I was an interesting, an interesting picture. I was, I was at the M.

M. A. right. And IT was, you had da White and then I then IT was drop .

mou .

and must. And the next to mosque was kid rock, the singer. Kid rock, yeah. And then behind them, who? What is r fk june years?

yeah. Okay, eating, eating popcorn with no process butter, whatever that stuff is. I don't know an interesting how to he just got more .

of whose who every as I was really the article is like a trump trick hands and met jEllies role. I'm like thinking, like, you know what else can what .

else can have happen? Maybe he'll get a don't know, AMD up three point six percent today. okay? AMD has been a dead stock, but and the dominance of the subs got new life.

With warn buffet buying into the stock deep. He didn't buy IT when patric doll turn the thing around and you could have made two thousand percent on that stock buffer gets in IT today. Cvs health is up four point four percent.

Now we looked to the downside here in the last ten seconds of the show or twenty seconds, whatever the case we would be. Yeah, okay, cambell soup, what is gone on there? Down eleven point thirty and plentier down six point four?

Well, I can tell you the food stocks with all the additives and everything have come under heavy fire with with R, F, K. Lurking in the wings. So there you go.

That's monday's observations. We've got a full day ahead of us. Look at the charts looking for new leaders emerging eeta.

You get four, three weeks to spend the day with gunterson while he's in his office here looking. I'm setting out live alerts every time I see something. Go to generation capital dot com.

And if you'd like to set up an appointment with us, eight, five, five, six, eleven, best. Eight, five, five, six, eleven, best. Have a great day, everybody.

This show is not a solicated to buy ourselves. Any securities build gunterson or clients of gunners and capital management may have long or short positions, and stocks mentioned during the show best performance is not indicated of future performance there in capital management of the registered investment advisory firm, all accounts are held a child swap swap is a member of sbc and fera.