Side notes on the Market and some Stocks: Intel , Gold Miners, Two upcoming Defense watch stocks and two biotechs: TGTX and yes- ONCY yet again.

 

                                                                

Market Talk                           

The recent Fed speak seems to indicate that the previously thought interest rate cuts may not even be coming this year.

 "The Federal Reserve held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more difficult lately. The federal funds rate has been between 5.25%-5.50% since July 2023, when the Fed last hiked and took the range to its highest level in more than two decades."

For today at least the overall markets may be shrugging off the updated view as it shifted from rate cuts coming to - no rate hikes for awhile. This could affect things like car and home sales which in turn may affect jobs.  A stagflation scenario is not completely off the table of the future (yikes!).

 

 Stock Talk

 

Since the market may meander awhile, let's look at some stocks that are capturing interest here at the Jones report.

With gold and copper levels at all time highs -  Kinross Gold (KGC) and Taseko Mines (TGB)  are on the watch list here.  Both could be acquisition targets as well.

Intel (INTC) : This stock has seen some rough days lately in share price from the $40's down to $30.  BUT the downward trend may change. Yes, the new foundry business is losing some while the build-out continues but the cpu business earnings outweigh the foundry loss to show positive eps.  On top of it, Intel is getting chip act grants around $20 billion, and coming out with new AI chips that will power PCs in the world of AI.  Perhaps INTC is a start to accumulate "some" shares for the long run.

Let's shift gears to a few other sectors - the war in Ukraine is not abating as Putin's Russian aggression continues to attack the defenders and more Russians get killed in droves and Ukraine territory is bombed regularly.  War is hell.  The advent of drones and longer range supersonic Mach 3 missiles like ATACMS and even F-15's being sent to the defenders will change the tone of the war.

There are two upcoming drone companies that are on stock watch:

AVAV drones seem to be effectively being used to defend Ukraine.  A recent upgrade that involves AI to overcome jamming attempts and identify targets seems to give AVAV an advantage in the drone business.

KTOS uses GPS navigation in drones.  But KTOS recently also had an impressive military communications demonstration seemliness connecting operations across the globe thru a multi satellite network.

AVAV has a lot less shares outstanding than KTOS. Neither company is profitable and may be a little lofty thereby attracting short sellers.  For the times we are in maybe - AVAV - has the edge with the AI aspect.  But AVAV is already over $160 a share, so how can the average retail person get too involved at this point? And, KTOS has so many shares outstanding that sp gains could be hard fought and possibly lack luster.  just watching both on the sidelines as a study.

Let's shift gears to the biotech sector. Two stocks:

 

TG Therapeutics (TGTX):  This one has an approved drug to treat relapsing forms of multiple sclerosis. Interesting story, sales are increasing yet earnings declined.

 https://finance.yahoo.com/news/tg-therapeutics-inc-tgtx-surpasses-123417768.html

 Interesting story there.   Note that in this current Quarter " the company secured a national contract with the Department of Veterans Affairs, making BRIUMVU the preferred anti-CD20 antibody for RMS".  

TGTX has potential to move higher as their FDA approved drug to treat recurring MS takes the lead and earnings improve.

Let's move on to another biotech... No, lets wait to see how Oncolytics Biotech (ONCY),  with the stock a tad over a $1 , yes a buck a share now-  stands up to their latest plans. 

The Goblet trial with three subset indications in Germany . The key point seems to confirm that Pelareorep , called "Pela", can indeed trigger immune T fight cells to target and attack cancer. A most compelling report in those suffering with advanced Pancreatic cancer was noted by many.  And who are they confirming this with? Big Pharma and/or the FDA?

Here's the bottom line.  At least a few of us retail stocker's suspect  that Pelareorep does indeed activate T fight cells to duplicate and target and kill cancer, even a most deadly form like Pancreatic cancer.   There is evidence it may.  Some even suspect Pela may be the best treatment from the immunity side.  There is some talk about  the blood test results show that  therapeutic tumor-infiltrating lymphocytes (TILs) can be a proven marker that an agent (like Pela) - is working.

https://www.mdanderson.org/cancerwise/what-is-tumor-infiltrating-lymphocyte-til-therapy--6-things-to-know.h00-159460056.html

Abstracts will be published on the ASCO Annual Meeting website at 5:00 p.m. ET on May 23, 2024.

"About Oncolytics Biotech Inc.

Oncolytics is a clinical-stage biotechnology company developing pelareorep, an intravenously delivered immunotherapeutic agent. Pelareorep has demonstrated promising results in two randomized Phase 2 studies in metastatic breast cancer and Phase 1 and 2 studies in pancreatic cancer. It acts by inducing anti-cancer immune responses and promotes an inflamed tumor phenotype -- turning "cold" tumors "hot" -- through innate and adaptive immune responses to treat a variety of cancers.

Pelareorep has demonstrated synergies with multiple approved oncology treatments. Oncolytics is currently conducting and planning combination clinical trials with pelareorep in solid and hematological malignancies as it advances towards registrational studies in metastatic breast cancer and pancreatic cancer, both of which have received Fast Track designation from the FDA. For further information, please visit: www.oncolyticsbiotech.com or follow the company on social media on LinkedIn and on X @oncolytics."

 ONCY is a "spec stock" for sure.  Coming Goblet trials are on the venue to study the mechanism of action and possibly confirm T cell activation to attack and kill cancer.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________

STAGFLATION coming ? Kinross Gold (KGC) may be a stock to get some in the 6's , and Taseko Mines (TGB) reports positive trends

 

                                                                

Market Talk                           

The recent economic reports show that the US economy had a slower than expected growth GDP rate and  inflation rose more than the Federal reserve is targeting.  This points to a possible economy coming that fits the definition of stagflation.  Typically during stagflation as in the 1970's, jobs suffer and good cost more, investors get squeezed and in general stocks can decline.

There is one area that rose during the 1970's - Gold.  It went from $100 an ounce in 1976 and has risen since to over $2000.  Gold, now trending over $2300 with many pundits pointing at the $3000  mark as countries and central banks are buying and storing GOLD as a hedge against fiat currency inflation.

 

 Stock Talk

 

Perhaps holding a Gold miner like Kinross Gold (KGC) in the 6's is a way to stay long in the gold sector. With rising gold prices , earnings could surprise and surge a stock like KGC  higher from a single digit stock to a double digit stock and it pays a 1.7% dividend as well. 

 Map of Kinross Gold Operations:

 

 https://www.kinross.com/operations/default.aspx

 

UPDATE: Another one to watch is Taseko Mines (TGB) trading in the $2's at the current share price. As a note,  that TGB has both Gold and Copper reserves.  It seems Copper is also in growing demand.

https://finance.yahoo.com/news/taseko-reports-first-quarter-2024-000000340.html

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________

Do "Things" feel market "dicey" ? maybe but - Holding some Kinross Gold (KGC)

                                                                

Market Talk                           

 

The market seems to be dwelling on the prospect of prolonged "status quo" of interest rates not being lowered until September or even later, if at all.  The Fed needs to fight inflation and at later time, ease borrowing interest rates.

The status quo of back and forth "measured" geopolitical war, strife and challenges from our adversaries, if not enemies.

 

 Stock Talk

 

About a month ago, we started looking at Gold demand   Gold was bouncing around 2K an ounce. Since then the etf - GLD has risen from around the $200 mark to $215 as of this note. It had gone as high as near $224. While there are several reasons why Gold could go much higher, the near term dip makes one wonder if Gold will consolidate even further at a lower  level until the next spin cycle. Why should it?  To venture a guess, perhaps the same ones in Russia that are hoarding gold are starting to think about selling gold to pay for Putin's war machine? Perhaps the traders are just taking profits.   As a small retail trader and investor, we may feel powerless to know exactly but watching a gain dwindle down is no fun.  Some may choose to take the gain in some or all and step aside for awhile..

While the above speaks to the higher priced GLD, perhaps holding a Gold miner like Kinross Gold (KGC) in the 6's is a way to stay long in the gold sector.

Some may also choose trading some of the oil stocks before the earnings reports.  Some analysts project a year over year decline in some co earnings, perhaps due to lower Nat gas prices. Share prices have not gotten over a hump after a fairly nice run. Is that a sign of future share price sluggishness and a coming dip? I don't know for sure, do you?

On another front, crypto - the bitcoin halving happened on Friday.  As far as crypto goes, it seems like it was a non-event.  Perhaps even a sell the news is happening.  Could bitcoin levels be subject to selling pressure in the near ? Maybe its time to take a gain on IBIT before too many traders get the notion. Something, actually anything, is only worth what the masses will pay and perceptions can be catchy.

In making buy/ sell decisions we can say only hindsight is an exact science.  But taking a gain in some may be better than watching it dwindle down.  Suggest to trade or invest according to your own comfort level, logic and intuition.  Nothing wrong with conserving dry powder when things start looking/ feeling more dicey with regards to share price levels.

In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________

Some Defense, Oil and Gold and other issues of rising interest

                                                             

Market Talk                           

 

The backdrop of geopolitical strife and warfare is taking a front seat to the market.  Defense , Oil and Gold were growing hot sectors without the attack on Israel on Oct 7.  But since then the growing strife came to a head last night with Israel doing a measured strike on an airbase in Iran. The message to the mullah's in Iran is the Israeli Defense Force (IDF) can reach out and touch Iran in ways that will take a toll if Iran keeps up attacks. The war pundits seem to think that neither side wants to take things to full scale war but prefer measured responses that often result in attacks.

 Stock Talk

 

We've enjoyed a fairly nice run on some American oil and defense and gold. There are prospects of prolonged higher interest without a rate cut, now projected no earlier than September.  

Exactly how the geopolitical strategies play out on the market can seem hazy.  BUT, there are some facts to consider. The World's Banks and countries like China and Russia are both mining and storing and buying GOLD.  This is, in part, to show up the US dollar as  basis of world trade.  Our own government may not be helping to counter the attack on the US dollar with their liberal spending in areas that seem counter to American's own citizens that pay taxes.

Still, some stocks or etf's to watch that have enjoyed recent gains are American oil related, defense and Gold.  There are reasons to say that these areas may continue a run.  However, things don't always go straight up. They often zig zag and meander. Traders will take some gains and cut some losses in a no man's land market.  The Fed not lowering interest rates could stem the Gold to US dollar imbalance but Gold seems to be climbing to all time highs where some say the $3000 mark for Gold may not be as far off as the past action suggested .  On the other hand there is nothing wrong with managing a gain into some dry powder.

Bitcoin is traded into scary dips leaving the question of why.  One report is that the miners are selling some reserves before the halving event. Many pundits see higher bitcoin after the halving but reality and notions can subject to divergence in the future.  History of bitcoin halving events point to higher bitcoin coming long term.  BUT many pundits will not even venture a guess on bitcoin value.  Ethereum is catching interest with future etf's in the making. This is not an all in kind of approach but maybe some here some there in small , doses.  The bitcoin halving event is projected to happen soon.

 Some stocks and etf's and crypto to Watch:

Raytheon (RTX) seems to be  firing on all fronts just over "par" $100  and looking like it wants to fly higher.

Devon Energy (DVN)

Gold etf's:  GLD and GLDM

Silver  etf  SLV

Gold Miner:  Kinross Gold (KGC) , currently just under $7 but "may be" a coming breakout stock on Gold's rising and production runs.

Others to watch:

Bitcoin etf 's : IBIT and EZBC

Bitcoin (BTC) and Ethereum (ETH)

 

If interested, scroll back a few posts for more coverage on any of the above topics.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________

No man's land market for awhile?

 

                                                                   

Market Talk                           

Since the uptick of inflation and the geopolitical effects of the attempted mass bomb attack by Iran on Israel, the stocks and market are in a kind of no man's land.   The prospects of a previously thought interest rate cut by July will likely not happen.

 Stock Talk

 

We've enjoyed a fairly nice run on some American oil and defense and gold. Today, it seems that the prospects of prolonged higher interest without a rate cut are dominating the market.

Today, the overall market has a bearish feel to it.  This may continue awhile.  Indeed, the Fed Chairman just confirmed interest rates may not come down as previously anticipated. 

Still, some stocks or etf's to watch that have enjoyed recent gains are American oil related, defense and Gold.  DVN, RTX, GLD and GLDM . There are reasons to say that these areas may continue a run.  However, things don't always go straight up. They often zig zag and meander. Traders will take some gains and cut some losses in a no man's land market.  Nothing wrong with managing into some dry powder.

Bitcoin is trading into scary dips leaving the question of why.  One report is that the miners are selling some reserves before the halving event. Many pundits see higher bitcoin after the halving but reality and notions can subject to divergence in the future.  History of bitcoin halving events point to higher bitcoin coming long term.  BUT many pundits will not even venture a guess on bitcoin value.  Ethereum is catching interest with future etf's in the making. This is not an all in kind of approach but maybe some here some there in small doses.

If interested, scroll back a few posts for more coverage on any of the above topics.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________

They " Did " -so what's next.

 Straight Talk                                

Well, Iran mullahs finally "did" --  after being told "don't" over and over.  This is the first time Iran directly attacked our ally, Israel, with multitudes of drones and missiles.  The attack was telegraphed but still  the hundreds of missiles launched that were deterred by the iron dome and our American fighters and ships definitely signaled ill intent to kill Israelis out of revenge for alleged Israel defense in a strategic attack on Iran's top military leaders in Syria.

Now, administration here in the US are urging Israel to just consider the successful defense as "a win" and call it a day.  Yea sure, ok.

Meanwhile, we have anti - Israel activists  in Chicago yelling - death to America.  They are right here in the country taking advantage of our freedoms and stabbing America in the back.

The brotherhood of their radical Islamic tenants foster three ways to dominate not just the Jewish, but ALL people, who do not believe in the radical sect of the jihadist faith.   This is where the atrocity of 911 came from.  The three tenants of the Muslim brotherhood:

 Take over -  by the wombs of our women, Immigration and use your own freedoms against you.

Wake up America.  Some of our current leaders didn't get that memo.

 Stock Talk

 

The market wants to go back to normal thinking "it's over".  The response may take awhile to materialize, but it's not over.  In stocks , some areas to watch:

American Oil,  Defense, Gold and silver and possibly some bitcoin, on dips.

If interested, scroll back a few posts for more coverage on any of the above topics.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________

Twilight zone market: Oil, Gold and Silver and just one bio- spec (some , not too much stock)

 Market Talk                                

The Fed 2% target rate of inflation to determine interest rates may be a thing of the past, a figment of the imagination as Rod Sterling would say. Yes, the market may feel like the twilight zone to us retail little people that try to follow the twists and turns of market sentiments that can move stocks either way .  Bulls and bears debate the coming Fed interest rate moves and the effects on the economy.

Alas, what is real and what is not real to you may depend on your world view as you try to trade or invest in stocks and project performance into the future.

What is working and not working?

 Stock Talk

As the market sells off on a Friday close,  we note that many stocks are trading off.  It's near jerk Friday. World tensions are heating up.

For now, we stay the course on some that are working and see how things play out. Of course, these are not buy/sell recommendations. But, they've been working and have potential to keep on working in time to come. --  dips may be opportunity.

Energy, OIL - Devon Energy (DVN) is one pick to watch.

GOLD is running warm and then hot since listed here on the Jones report.

  -- some Gold etf's : GLD,  GLDM , SLV,  ULG,

SILVER 

  -- some Silver etf's:  SLV, AGC

 and Gold miners: GOLD,  KGC

   maybe some Crypto etf's:   IBIT, EZBC  (on dips)

and a spec biotech near a buck a share?  ONCY

  - maybe just a 100 or 200 shares of ONCY at just over a buck? 

ONCY is a spec stock near a buck and a "not too much" stock here.  ONCY may be positioning itself for a Big Pharma partner or takeover on their lead drug, Pelareorep.  The aim of "Pela" is to fight and kill cancer cells by boosting T fighter cells of patient's own immune system to target dangerous cancers . There is scan evidence that it works to duplicate T fight cells to target cancers. Oncy is planning confirmation trials that could impress big Pharma to make a move on ONCY and Pelareorep in a partnership or buyout.  Some point to possible interest by Merck KG in Germany because of their past involvement is T fight cell activation to target and kill cancer cells.

If interested, scroll back a few posts for more coverage on any of the above topics.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember  never get arrogant in our various  notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post. 

Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.

This site does NOT make Buy / Sell recommendations.
_____________