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cover of episode Tuesday Feb. 18, 2025 - Intel is on a tear!

Tuesday Feb. 18, 2025 - Intel is on a tear!

2025/2/18
logo of podcast Best Stocks Now with Bill Gunderson

Best Stocks Now with Bill Gunderson

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Barry Kite
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Bill Gundersen
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Bill Gundersen: 今日美国股市表现不一,道琼斯指数下跌,主要受联合健康拖累;纳斯达克指数小幅下跌,标普500指数小幅下跌;小型股表现较好。10年期国债收益率上升,对市场造成压力,但随后有所回落,这可能与美国削减预算有关,而非美联储干预。英伟达股价近期表现强劲,两周内上涨超过20%。Arista Networks和阿里巴巴本周将公布财报。英特尔是今日涨幅最大的股票之一,有传言称其将分拆成两家公司,台湾积体电路和博通公司可能分别对英特尔的分拆部分感兴趣。今年以来,标普500指数、道琼斯指数和纳斯达克指数均录得正增长,但欧洲和拉丁美洲股市涨幅更为显著,这与乌克兰和平谈判和中国市场复苏有关。中国股市今年以来涨幅显著,这可能与"深潜"新闻报道有关。金价接近历史高点,这与全球央行持有大量黄金以及黄金供应有限有关。黄金投资回报率相对较低,但其在经济动荡时期具有避险价值。 截至目前,已有77%的标普500公司公布了财报,其中大部分公司业绩超出预期。标普500指数的同比盈利增长率为16.9%,创下自2021年第四季度以来的最高水平,已连续七个季度实现同比盈利增长。股价跟随盈利走势,市场表现最终取决于公司盈利情况。标普500指数的年化每股收益已从去年的约230美元升至目前的约260美元。目前市场估值较高,市盈率为22.2,高于五年和十年平均水平。市场估值过高,但市场动能仍在持续。预计2025年市场增长率为12.7%。大多数基金经理认为美国股市估值过高,这通常是一个反向指标。市场面临技术阻力、估值阻力以及盈利季节即将结束等挑战。市场略微超买,B+评级股票数量和A+评级股票数量均高于正常水平。埃隆·马斯克发布了XAI人工智能,并声称其性能优于竞争对手。DeepSeek对中国股市的影响仍在持续,腾讯控股股价上涨,这与其将DeepSeek AI整合到微信有关。腾讯控股是值得关注的中国股票之一,股价创下52周新高,并支付股息。Solid Biosciences股价上涨,这与其针对杜氏肌营养不良症的领先药物的试验数据有关。英特尔是典型的反向投资标的。GameStop计划出售门店以购买比特币。Constellation Energy股价今年以来上涨42%,该公司是核电领域的领先企业。道琼斯指数今日表现最佳的股票是耐克,波音公司股价自去年11月以来上涨显著。标普500指数今日表现最佳的股票是超微电脑,美敦力公司股价下跌,这与其今日公布的财报有关。纳斯达克指数今日表现不佳,大型科技股表现疲软。 Barry Kite: 台湾积体电路和博通公司可能分别对英特尔的分拆部分感兴趣。市场估值过高,但要考虑市场背景,例如利率水平和技术进步带来的市场增长。

Deep Dive

Chapters
The show begins with a market overview for February 18th, noting a initial rise followed by a slight dip. Key indices like the Dow, NASDAQ, S&P, and Russell 2000 are discussed, along with the 10-year Treasury yield, gold, and Bitcoin.
  • Dow down 117 points, NASDAQ down 5 points, S&P down 1 point, Russell 2000 up 3.5 points
  • 10-year Treasury yield up 4 basis points to 4.51%
  • Gold at 2,944, Bitcoin down

Shownotes Transcript

Translations:
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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.

And welcome to the Tuesday, it's Tuesday already, the Tuesday, February 18th edition of the Best Stocks Now show. Well, we had a pop and a drop, it looks like. We had a pop out of the gate. Futures were looking good. And now we're down a little bit in the markets to start a new holiday shortened week.

The Dow is down 117 right now. I kind of looked into it. It was UnitedHealthcare mostly dragging it down. The NASDAQ is down 5. It was up about 50 points at the open, but that has faded for now. The S&P is down 1 point to 6,113. Small caps hanging on to a little gain. The Russell 2000 is up 3.5 points right now.

We've got the 10-year is up, and that's not helping the markets. Last time I looked, they were up five basis points. And, yes, they are up four basis points right now to 4.51. But remember, we were closing in on 5%. We got up, I think, as high as 4.80%.

And it's come down 30 basis points, and I'm thinking it's mostly the work they're doing on cutting the U.S. budget that is helping drive that 10-year down lower because it doesn't look like the Fed's going to step in anytime soon. Gold is at 2,944. Its quest for 3,000 continues.

And Bitcoin, Bitcoin is down 1,295,508. So welcome to today's Best Stocks Now show.

with professional money manager Bill Gunderson, president of Gunderson Capital Management. I'm here with Barry Kite, our chartered financial analyst and certified financial planner, and soon to be, when do you get that technical analysis designation? We get, I think, level three in mid-June, so I think around June 12th or something is the last exam, and then it all works well. After that, it should be...

formality after that point but it takes a little you can just write that in on pen on your cards so i don't have to order new cards you know me i like to save money all right this is tuesday february the 18th and of course the markets were closed yesterday we left off on friday

with a pretty nice day it was kind of uneven all over the place Nasdaq was up 81 points Nvidia has been perking up here recently I've noticed that let's I didn't notice any movement in Nvidia today let's see Nvidia no that's pretty good chart you know Nvidia is up another 1.7% it's up to 141 Nvidia was at 113 two weeks ago so that's pretty impressive

ANET, Arista Networks, is going to report earnings after the close tonight. That's a big player. That's been one of our biggest winners. The stock's been a little soft here recently, but they will report earnings here tonight. And along with Alibaba will report earnings this week. The Chinese stocks have had a little bit of lift to them recently after the deep-seek news report.

Baidu has already reported. Occidental Petroleum, that's the one that Warren keeps buying, isn't it? Warren Buffett. Yeah, Occidental. It seems like he's the only one buying it. Yeah, he's the only one buying it is the problem. We haven't been adding any money to it. We don't own it. Tomorrow, Etsy.

Rio, Vail, let's see what else here. Analog Devices, a chip stock. Wix.com on Thursday. Alibaba, which has had some lift underneath its wings here recently. Walmart will report on Thursday. That's a big one. Newmont Mining, Booking.com. Rivian will report.

Wayfair and a few others. And then on Friday, Intel. No, Intel is one of the biggest gainers today. Intel, I hear some talk about dividing it up into two companies. Oh, yeah.

Yeah, you've got two players. I mean, you've got Taiwan Semi interested, I believe, in the foundry side of it, and then you've got, I believe, I think it's Broadcom on the, I guess it would be the design chip structure side of things. I think Intel had their best week in like 20 years last week, wasn't it?

It's saying something, okay? It wasn't that much. Well, when your demise is your best week, right? Yeah. Essentially break it up, and I guess it would just end. I mean, it would be kind of crazy to just get rid of the name completely, wouldn't it? I mean, it's been the name for...

I mean, most of us know the little, when we used to fire up our computers, you know, Intel, the little jingle would come on. So, so far here this year, we are now six weeks into the new market year. S&P is up about 3.9% right now for the year. The Dow is up 4.7% for the year. The NASDAQ is up 3.7%.

I guess what's really popping this year, you've got Europe up 10.6%. Europe's been up pretty good the last couple of weeks with the Ukraine peace talks, which I think are set to begin today in Saudi Arabia.

Without Europe, and Europe's not happy, Latin America's up 15.4% year to date. And China has all of a sudden woken up. I think it was the, must be the year of the dragon or the year of deep sea. Deep sea. That's what they should call it. The year of the submarine. Deep sea has helped China's market. China's up 15.1%.

so far this year gold is up 9.3 percent so far this year and we are now with earnings season we are about 80 percent i want to say i'm going to have that up here for the second quarter of the show

Gold is around an all-time high right this minute, basically. Yeah, gold is hitting a new all-time high. And, well, you know, interest rates have behaved themselves here recently. And I read that the world banks have quite a bit of gold right now. So there's not a lot of excess gold sloshing around out there. There's not a lot of supply for buyers either.

And, you know, gold just seems to like all the turmoil and everything out there. That's what I've always seen as gold's best use is in times of difficulties. But gold over the years, you know, look, 4%, 5% a year maybe at best. And volatile. Volatile. And more volatile than the market, actually. Very volatile. So, you know, you've got to...

You've got to know what to expect with gold. And we've had a few economic reports. I saw the New York Empire State Index. I don't know how important that is, but it was better than expected. We had a wild weekend. You know, for me, the scene of the weekend was Trump being the pace car

I never thought I'd see this in my lifetime, okay? I mean, the limo, what do they call that, the beast? The beast, 22,000 pounds, roughly. I don't think it's exactly known how much it weighs, but that's a lot of weight around that track. Put some pressure on those bank turns, and that was...

It was quite a sight. I'm just surprised he didn't have, like, a Home Depot logo on the hood or something like that, like the rest of the NASCAR drivers. It's a great event. I mean, growing up as a kid in Florida, I mean, it was always either the Super Speedway event in Daytona. I've had the chance to go a handful of years, and it's great.

I mean, it's a pageantry. Kind of sad that it kind of rained real early in the race and it got delayed for a while, but it was a lot of energy going around out there. How many people can they fit in? That's a huge, huge facility. I think it was a record crowd in terms of the current configuration. I think they were able to add some, you know, you can add some seats here and there from the back track. It's a two-and-a-half-mile track. There's plenty of room to sit if you wanted to add more people. But, yeah, I mean, it's over. I think you're

Normally over 100,000 people at those events. So it's up there with the Kentucky Derby. And it's their Super Bowl. The Indianapolis 500. So that is the biggest race of the year for NASCAR. And it's the kicks off the season. So it's, yeah. And they, I don't know, probably about five, six years ago, I guess they redid the Speedway. So, you know, because some of the seating now and a lot of the kind of the boxes and things kind of, let's almost think of it like a,

nice NFL stadium versus, you know, you go somewhere like Talladega and you still have, you know, the old benches and, you know, it's still bathrooms still have a similar feel to what they would have had, you know, 30 years ago. Yeah. Well, I've got to put that on my bucket list going to Daytona 500 at some point. Just got to watch the weather. We're about a five-hour drive, six-hour drive from Daytona. Okay, when we come back.

We're going to do the earnings 500, okay? That happens four times a year. They go around the track for about eight weeks. And it beats me up trying to keep up with it all, but we'll give you a little rundown of where we're at right now. This is the Best Stocks Now show. ♪ music playing ♪

And welcome back here to the second quarter of today's Best Docs Now show. We now have

77% of the S&P 500 companies reporting. And there's still some big ones out there. NVIDIA, I believe, is next week. That's probably turned into the biggest report now in the market is NVIDIA. And we get that next week. But with 70... Arista is after the close tonight, which is a pretty big one these days, with Arista's positioning in AI...

77% have reported actual results. 76% of S&P 500 companies have reported a positive earnings surprise. It just always amazes me how consistent that number is, Barry. It always comes in at about three. You'd think the analysts would figure it out and say, you know what?

You know, 77% of us are low on our estimates every year, and they're coming in and beating. I think we're going to start. Yeah, if it was your beloved sport, they'd all be in the Hall of Fame, right? Yeah, but the analysts wouldn't be. You know, the analysts, I mean, 77% were underneath. Underneath.

what they actually came in with. 62% have reported a positive revenue surprise. The earnings growth rate for the S&P 500, okay, are you ready for this? Okay, this is compared to the same first quarter. I was sitting here a year ago today reporting the first quarter of 2024. Can you believe year over year, 16.9%.

So all you bears out there, all of you perma bears out there, you know who you are that are constantly talking. You're bearish on this market for this reason and that reason.

Well, you know what? Stocks follow earnings. I mean, if you go back a year ago today, I'll bet the S&P 500 is up about 16, 17, 20% somewhere in there. Stocks follow earnings and indexes follow earnings.

So you can make any argument you want to me about, well, it's been helped by the Fed. Well, we've got all of this debt. Well, it's funny money. Blah, blah, blah, blah, blah. At the end of the day, it's earnings. And then I've heard people say, well, they don't use gap earnings anymore. The earnings are funky. Blah, blah, blah. Earnings are up 16.9%. Just focus on that year over year.

In fact, that marks the seventh straight quarter of year-over-year earnings growth for the index. It also marks the highest year-over-year earnings growth reported by the index since Q4 2021.

And if you think about it, Q4 2021 was compared to the COVID, which was Q4 of 2020. And that's why you had such a big increase. You haven't really had anything. There was nothing wrong with the world four quarters. Well, there was plenty wrong with the world, but there was no COVID in the air or anything like that four quarters ago. 16.9%, Barry, that's pretty impressive, okay?

The estimate now for Q4 is $64.82. Four quarters ago, we made $55.56. We've added over $9 in earnings. And if you annualize that, $64.82,

We're at now about $256, $260 a year annualized in earnings, okay? When a year ago, we were at about $230. We've gone to $260 in one year's time. The revenue growth is estimated to be 5.2%. Now,

That is the earnings, okay? The multiple in between the stock price and the earnings, the multiplier, the forward P-E ratio right now is 22.2, which is where it was seven weeks ago. Six months ago, it was at 20, okay? So we're up to 22.2. There's a lot of Trump...

optimism, enthusiasm, and yes, it's overdone in the market right now. That's our biggest issue is the valuation problem. And if we go back to 2023 when this whole bull in the NASDAQ really took off,

When we called a big buy signal on January 6th of 2023, at that time the forward PE was 17. Okay, so now we're at 22.2. Yes, it's a very rich multiple. And who said that last week? Jerome Powell said that. We have a very expensive market right now. I totally agree with that. The five-year average is 19.8%.

Once again, we're at 22.2. The 10-year average is 18.2. And you say, well, why don't you just sell the market then if it's so expensive? Well, because the other side of the equation is momentum and the charts.

The market seems willing to pay for that. And as long as they're willing to pay for that and the momentum continues to grow or stay in place, I mean, you kind of have to ride it. I don't think that P-E ratio is a very good buy-sell signal or indicator, Barry's.

This hasn't been very reliable over the years. Depends on the context, right? When you look at it, you've got to look at the backdrop of the market. Obviously, if interest rates are extremely low, when the high valuation makes sense, which is what we've had over the last, say, 15 years, when you look at quote-unquote average P.E. ratios, for example, if you looked at the last 15 years, you'd certainly be elevated compared to historical fashion, but

interest rates were lower, probably the lowest period in history. Yes, and we've had superior growth in the market due to all the technological advances. Okay, for the year, when all is said and done, we're looking for 10% growth last year versus the previous year. This year, 2025, we're looking for 12.7%. Add another 12.7%. Now, that can change.

We could have a war. We could have a natural disaster. We could have a meteorite hit the planet. Anything could happen. But right now, that's what is expected. And we'll have 43 companies reporting earnings this week. And as I mentioned, there are some key ones, including the big one today is going to be Arista Networks, which has been really just an unstoppable stock until recently.

where it's kind of stumbled around a little bit. We'll see what they report tonight. There's just nothing you can do. You're at the mercy of the company and what they report. Okay, 9 in 10 fund managers say U.S. stocks are overvalued.

Well, there you go. Okay. It's a known fact. That's usually a contrarian sign. That's usually a contrarian sign, but that's a known fact. And I would be one of those nine. I wouldn't be the one. Obviously, one in ten doesn't think stocks are overvalued. I don't know who they would be, but that is the highest number since 2001. So we all know the stocks are expensive. We know that. It's a given.

And the Global Fund Manager survey of 205 panelists with $482 billion in assets under management show that 89% think the market is overvalued. Okay, we've got a new player in AI. First it was OpenAI, then it was DeepSeek. A new player released today. 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 GuntersonCapital.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. Instigator, because there's something in here. We've got to get together sooner.

And welcome back here to the second half of today's Best Stocks Now show. Well, you know, just not much going on. We're fighting several things in the market here. Number one, technical resistance. The Dow has technical resistance at 45,000. The Nasdaq has technical resistance or a ceiling at about 20,120, I believe.

And the S&P 500 has technical resistance at about 6,100. In addition to that, you have valuation resistance, you know, as we just talked about. Nine out of ten guys like me believe that the market's overvalued. But obviously, I mean, it's up for the year. The momentum continues. It's become a little bit more volatile, I would say.

And there's one other factor that I was just thinking about. Well, you've got, you know, you've got, you're kind of coming to the end of the earnings season here. There's not a lot of catalysts right now. All of the big companies have already reported. Waiting for NVIDIA. Yeah, I mean, it's a stock picker's market. I don't know what else to say. You've got to.

I have to look under a lot of rocks, a lot of rocks to find one or two opportunities. Oh, I know what it is. One other factor that I would say, I watch my app on how many B-plus ranked and how many A-plus ranked.

I have two categories that I focus in on every day. The overall B-plus or better stocks out of a database of 5,000, just over 5,000, I currently have 711 B-plus ranked stocks. That's a high number.

I like to see it more around 300 or 400. That's a little healthier market. That just means overbought, okay, overbought. And over at the momentum, A+, this disregards valuation, only looks at momentum. These are the strongest stocks in the entire market just from a performance point of view. There's currently 248 A-plus stocks. That's a little high. You know, I normally see about 170, 180.

So I would say that the market's also a little bit overbought right now. Elon Musk releases his XAI. You notice X is his common thing, right? His little boy's named X. Twitter's name was changed to X. His AI, it's not OpenAI, it's not DeepSeek.

It's XAI, which I don't know. That must be a private company. I'm sure it is. I mean, when you buy Tesla, you're not getting exposure to XAI unless he uses it in the autonomous driving. He releases Grok 3.

He claims superior performance over rivals. You know, him and Trump are two of a kind, aren't they, with the hyperbole and the showman man? Nobody's ever seen anything like this before. Grok 3, the latest iteration of the artificial intelligence chatbot developed by Elon Musk's company, XAI, was released on Monday. So just think about it. I mean, he could go public at some point in time. OpenAI is not a public company, but it's worth thinking.

180 billion, supposedly. That's what the shares are selling for in the private markets. How much could he bring Grok public for if he wanted to? Think of all his balls in the air. I mean, everything from drilling company. I mean, you've got Boring, and then you've got Starlink, everything in between. I mean.

Yeah, and I mean, those are, and the SpaceX, those are not public companies, okay? Neuralink, right? You know, that aspect of it, it's, I mean, it's almost like a real-life comic book character. And he's digging through the books of the HHS and the IRS and the, he's running the Doge team and creating a lot of, he's,

He's ruffling a lot of feathers, let's say. He's like a Marvel character. Yeah, I've never seen a guy like it. I mean, you think of Thomas Edison or the Wright brothers. I mean, they had a few balls in there, but nothing like Musk. Okay, Musk says that he has developed something that has ten times more computing power than its predecessor, Grok 2. I don't know where you try it. I'd have to Google it and say, how do I try out Grok?

write a song for me or whatever answer this math question or whatever okay at the same time deep seek is kind of taken a backseat a little bit and the tech executives that have been talking about it they admit that it ramps up the US China competition but they see a limited threat to open AI so you know deep seek really roughed up the markets there two Mondays ago

and it's kind of faded to the back burner for now. But where the impact is still lingering is in the performance of the Chinese stocks. Like I say, China's up 15.1% this year, which it hasn't had a good year in a long, long time. Tencent Holdings surges as it integrates DeepSeek AI into WeChat.

I've been watching Tencent. I mean, that's a legit company. There's no question about it. T-C-E-H-Y. That's a $600 billion company. That's probably, along with Alibaba, the very best stocks. PDD would have to be put in there also in China.

TCHY does not have an ADR in the U.S., but it trades. I mean, it's traded 2.5 million shares so far today. That's a beautiful chart on Tencent Holdings, and it's breaking out to a new all-time high.

No, 52-week high, and they reported a good quarter here. They also pay a dividend, Barry. That's where I was looking at it for the dividend portfolio, okay? It pays a dividend yield of just under 1%.

But it's a legit company. You just worry about the politics in China, which can turn on a dime. And they changed the rules. Remember, I mean, when Tencent got nailed, remember when they, I think it was when they put age limit right on like online gaming or something. Yes, and they killed Tencent. Yeah. So, I mean, okay, it's hitting a new 52-week high, which always gets my attention.

So anyways, I'm looking at it right now. Elon Musk led Doge firing said to affected FDA staff reviewing Neuralink. Okay, a lot of people upset. I talked to a guy over the weekend who's an old biotech CEO. He says, can you believe this guy? He's letting go all of these FDA stuff.

that reviews these new drugs. Well, they're cutting staff, it seems to me, like across the board in a lot of areas. But interestingly enough, this one might impact his...

his Neuralink, which is the brain device that he has. Huawei launches a tri-foldable phone. I think that's got to be the next breakthrough for Apple.

I think if I could take my same phone size here and fold it up and be about the same thickness, that'd be pretty nice. I mean, then you've got like an iPad, a much bigger screen to look at. I have a hard time reading the news and whatnot on my little iPhone. I would love to see a trifle. But the cost, $3,660. Wow.

You don't want to leave that one at the Daytona 500. $3,660. Or drop it in the grandstands. Well, I...

I got an anchor hung up off of Oceanside, California when I had my old boat out there, and I bent over to pull on that anchor, and there goes my iPhone. It was one of those Motorola, what were those really nice Motorola, the blue, they were real sleek. The Razor? Yeah, my Razor. My Razor's at the bottom of the ocean off of Oceanside. That thing slid right out.

And a crab answers it now and says, don't eat it, Joe's. Solid Bioscience is the biotech of the day. It's up 52%. Trial data for a lead asset in Duquesne muscular dystrophy. I had a friend who had Duquesne muscular dystrophy.

I'd like to see a big breakthrough there if possible. Restaurant Brands is buying their partners out in Burger King China for $158 million. So that turnaround continues to take place.

But as I've said, there's different strategies, there's different kinds of stocks, there's momentum, there's value, there's contrarian stocks. Intel would be your classic contrarian stock in the market today. It's out of favor, nobody wants it, so a contrarian steps in and says, you know what, I'll take it and hope for a turnaround. Restaurant brands is a turnaround. It is kind of a contrarian play.

But you have to just kind of buy it and sit on it for a long time, I think, to make money in it, if he can turn that thing around. But they're certainly making a lot of moves. We'll be right back. You got to go where you want to go. Do what you want to do. And win whoever wins.

And welcome back here to the final segment of today's Best Stocks Now show. Just a few other ones to mention here, and then we'll take a look underneath the surface. GameStop, okay, so they're going to become the next micro-strategy. They're selling off stores to buy Bitcoin. Bitcoin, right. All right, that's their strategy.

I'm sure that's a good strategy to build your company on, right? Constellation Energy did report earnings. That has been a big, big player, don't forget here. Believe it or not, in AI. Who would have ever thought Three Mile Island...

uh and ai would be linked baltimore the pride of baltimore constellation ceg get this it's up 42 so far this year it's one of our biggest holdings because we're a big believer in nuclear and it was up 93 last year how about that them apples uh i have it with 80 upside potential

After reporting earnings today, the stock is up 1.3%. Constellation is currently ranked number 86 out of 5,000 stocks in the database. And it has an A-plus momentum grade and an A-minus overall grade. So Constellation Energy is a major player. And they're upping their dividend today. Wow, it doesn't get any better than that, does it?

All right, now let's take a look at the markets, inside the markets. Let's go down underneath the surface of the markets. We have, let's start with the Dow very quickly. The most boring of all the indexes, in my opinion, it could use a little bit of a shakeup here and there, but it's representative of the U.S. economy. The biggest winner in the Dow today, believe it or not,

I want to say it's Nike. Let's see. I think Nike. There it is. Nike's up 3.6% today. Maybe that'll help Decker's. How's Decker's doing today? Decker's is note flat today. I think today's the anniversary of the Michael Air Jordan. Maybe there's some hoopla there. I don't know. Nike's up 3.6%. Raytheon.

is up 2% today. It's been an in-and-out stock, really, kind of. I think it'd be doing better in today's world. I'll tell you, the comeback kid is Boeing. Boeing's up $50 a share since, that's a turnaround play, obviously, since November of last year. Boeing finally hit bottom at $137.

I saw a bottom forming. It broke out from that number one pattern in early December, and now it's breaking out again today.

Well, there was some juicy yields out there. Remember I was telling you, I don't know if this seemed probably about six months now where it was, you know, I don't know, it was yield to worst around 6.2%. On their bonds. Yeah, on their bonds, which, you know, sounded, sounds fantastic. But then, of course, it was just you didn't want to be on the wrong side of that one. Yeah, I mean, you still got, when those two guys come back, or it's a guy and a woman, I guess, from outer space stranded in the Boeing Starliner. Yeah.

And, you know, I don't know about Embraer's doing okay, but that Toronto plane was an Embraer, I'm sure. I think all of those, I think when they say CRJ, that's an Embraer commuter airplane, landed upside down. That was a sight yesterday. Yeah. Besides Trump going around doing a lap at the Daytona 500,

That was the other shocking story. You just wonder if the pilot, you've got to feel a little bad. Thank you for flying Delta. We hope you choose Delta next time. While they're upside down in the plane, that's a little embarrassing. But I think it looked like wind shear to me. It just hit that thing as it was coming down.

Well, it didn't have any, I think they didn't have any flaps, and so it seemed to have kind of bounced also. So it was a combination, I think, of issues. And usually in these incidents, right, it's usually more than one, right, thing that ends up leading to these issues. Yes. It's usually not just one thing a lot of times. Now, the Dow is down, and I'm going to blame it mostly on UnitedHealth. It's down 3%.

It's had its challenges, the UnitedHealth has. Amazon's down 1.5%. Rolling over a little bit is Amazon. And McDonald's is down 1.1% today. We look at the S&P 500. Hey, look who the biggest winner is today. Super microcomputer. Look up in the sky, Barry.

It's not a bird. It's not a plane. It's super microcomputer to the rescue. It's up 11.3%. What's the catalyst? The joke was I was waiting for it to be earnings, and I was like, well, who's their auditor? Who's the auditor of the book? Their earnings up 80%, and their sales up 140%. They still have enormous growth numbers.

But Tainted Accounting Department, it seems to be their issue over there. There is a two times or one and a half times super microcomputer over at Granite Shares. Our friends at Granite Shares. Will Rine over at Granite Shares. Walgreens is up 10.3%. Well, I don't know what's going on there.

flu vaccines or something. Moderna's up 9.6%. There's something going on. But here's your surprise stock of the day. Wow. Look at the chart of Intel, would you? You know, I looked at Intel as it was scraping paint down there at $19 a share going, yeah, you know what? Even a guy like me who likes momentum and stocks that are moving, that was kind of juicy.

And it's hitting, it's up 10% today, Intel. So that's helping the S&P 500. On the down, I see the big tech stocks are not participating today. Medtronic is the biggest loser. They reported earnings today.

It's down 7.1%. And last but not least, we'll take a look at the good old NASDAQ. Intel and Boots Alliance. Walgreens and Intel, two out of flavor, beaten up.

Pummeled stocks making a comeback today. Micron's up 4.7. Dollar tree's up 4.7. The big tech is nonexistent today. Not, you know, you're...

Your Netflix and your all the big guys, NVIDIA, just not participating at all today. The losers today are China. Baidu's down 7.3. JD's down 5.5. Meta's down 2.5. I don't know what the news is on Meta. Maybe it's his grok, grok.

Big tech down today. Big tech definitely the laggard today. Okay, we're out of time. You know, the four-week trial. I've had so many people. I try to respond to people that sign up if they put some comments in there. I'm just having fun with people all over the world, really.

Go to GunnarssonCapital.com to talk to us about money management. 855-611-BEST. 855-611-BEST. And don't forget financial planning. Failing to plan is planning to fail. You've heard it before. Have a great day, everybody.

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.