Market Talk 
Everyday is a change of shifting views when it comes to the market. For example, the long term bond vigilantes express the opposite view that the Fed has that near term inflation won't last and that none the less, they plan to maintain low interest rates until they see otherwise. The Fed as represented by Jeremy Powell seems like a smart take to me, for now. It would not make sense to slow the economy with raising interest rates at a time so many people are unemployed.
Stock Talk
I have been saying that the trend towards electric vehicles seems to be a driving factor (pun intended) in the outlook for GM and Ford. Indeed we see that GM has already benefited from a sharp little ev car in China selling well. However, the semiconductor chip shortage has forced their revenue guidance down on the order of $2 Billion dollars in the year outlook. This is a near-term headwind and both GM and Ford are temporarily shuttering production of some models.
So the headwind is likely already factored into the share price of GM and Ford. However, we have seen a nice gain for example on GM since it was $36 a share and now struggling to maintain a $60 level. This is why I say just "some" . But I have to say it "feels like " GM and Ford may have a more stagnant share level for awhile. Indeed, I'd have to lean to the notion that profit taking may happen, perhaps even short attacks. As such, I put GM and Ford on my watch carefully list. If over-weighted on both I'd think about lightening up. But I am not making recommendations here. Just saying watch it.
more later...
Some interesting Stock "Speculations" of note:
(remember
ancient Chinese curse: may all your days be "interesting") . I view
these as maybe "some" stocks not "too much" stocks.
- NNOMF - innovative cathode process patented for the Li ion and the coming or mythical "glass battery" ?
- CYTR - Is it one-third of a formula to treat Pancreatic Cancer that may succeed?
Crypto Stock watch
- MARA - Is bitcoin mining and buying bitcoin in the $31 K range paying off? you be the judge and predictor , if you dare. MARA looks like a buy some, but on the other hand it's so volatile in both the up and downs that the people that got it in the single digits are day-trading it and dumping the ups. Looks too volatile at the moment and something like a share dilution may cause a dump. it's a watch stock but not a buy for me at this time after the run it's had this year.
- CLSK
I'm watching CleanSpark to see if I am ready to take them out of my
penalty box for the last sudden dilution. If they provide an adequate
update on bitcoins mined and some progress on the microgrid energy side,
with no further dilutions, it may run higher. But they need to build
back some credibility in my view. Building a base for a positive eps
still matters to stock investors.
- Bitcoin -- Will Crypto- currency like Bitcoin continue to be accepted or will governments squash it like a beast tramping on the Tulips? The Crypto nerds believe it's decentralized nature makes that a hard thing to do and more and more institutions are starting to recognize bitcoin.
In
closing, I will leave it up to the reader to ponder their own views and
check some stocks of interest out and perform their own due diligence.
Also in spec stocks, we have learned the importance of the word "some"
but not "too much", if daring to venture.
- and keep some Dry Powder $ ready.
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ALL in my humble opinion, scroll down and read more..This site does NOT make Buy / Sell recommendations.
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