"Candy Land" view is back for now anyway - is it a buy "some" time?

 

Market Talk
 

Apparently, the mood of the market is continuing in what I call "Candy land".  The Fed group controlling interest rates has less worry about inflation and more concern about employment.

 

I watch the  fundamentals of company earnings as well as eps potential and projected outlook in individual companies.  Also, if an issue represents a potential early sea change, we like to be aware.  However, often times stocks can get pumped way past their current value and represent bag holder traps.

 

Yet, the market is like an ocean with storms like we saw in Crypto and the Dow plunging and back to sunny skies where everything is fine, until the next storm - and many are looming off the horizon.  

 

Stock Talk

The following are some stocks of interest I am watching and may or may not be in "some" at anytime.

•  Ford 
•  GM

Others

•     VXRT,  NEOV,  NNOMF.
  

I have posted about all of these stocks in various posts and if interested feel free to look into them. (June 3rd update: avoiding crypto stocks at the moment).

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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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Go ahead, vote democrat - you MORONS

 

Straight Talk
 

Any informed person who watches the video and news from the southern border and yet STILL votes Democrat ? - Must be a MORON.  America is being Invaded.

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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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Back to Ford and GM .

 

Market Talk
 

The market is like an ocean with storms like we saw in Crypto and the Dow plunging and back to sunny skies where everything is fine, until the next storm - and many are looming off the horizon.  

 

The government wants the pandemic rebound to happen smoothly and the Fed is accommodating with interest rates.  The question on inflation is always present but employment is viewed as more important.  The debate on stock picking based on growth vs value is playing out as money managers have been choosing value.

 

One stock, in the news with the lightning F150 all electric pick up is FORD.  Yes the chip shortage is a factor with the auto industry. The Lightning F150 will be out next spring, that's a year from now.  But Ford is definitely going to be player in the ev space and the mustang ev is out now. 

Where will Ford stock be in 6 months?  The new green deal is counting on ev's to cut carbon based emissions.

Not ignoring GM either. GM is going to be a big ev player.

Ford and GM may be worth dipping the toes back in some.

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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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Is Vaxart's ORAL pill the solution to India's very scary variant B.1.617.2 ?

Stock Talk
 

The Vaxart oral vaccine is behind the three injected EUA approved vaccines. The  T- cell responses to C19 by the Vaxart pill are reported as multiples over the others.

But the virus has already mutated harshly in India. Recent tests to Chinese travelers from India detected coronavirus infections that matched the Indian B.1.617.2 variants, the CDC field notes said, “supporting [the conclusion] that the Covid-19 infection on these three patients probably occurred in India”.

The alarming infection and death spikes in India point to the variant being much more transmissible and stronger in that it may take a more direct route to infect the mucus of the lungs.  No wonder the US stopped travel to and from India!

There is a possibility that Pfizer and Moderna messenger RNA vaccines will not be able to handle new strains. So far, mutations to the spike protein have been limited. But if mutations increase, effectiveness could decrease, even with boosters.

 Vaxart web site:  

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"Our vaccine’s immune response appears very different that that seen from the leading injectables: mucosal antibodies rather than serum antibodies, and more potent T-cell responses,” said Andrei Floroiu, Vaxart’s chief executive officer. “For our first oral COVID-19 vaccine candidate, we believe that these differences in immunogenicity profile may have a benefit in cross-reactive protection.” 

 "The strength of T-cell responses against both S and N proteins, which we targeted, leads us to believe that VXA-CoV2-1 offers a promising solution to variants," said Dr. Sean Tucker, Vaxart chief scientific officer.

https://investors.vaxart.com/news-releases/news-release-details/new-data-vaxart-oral-covid-19-vaccine-phase-i-study-suggests

 Yes, C19 infection rates in the US are on a downward trend.  And yet an alarming spike in India with the new variant.

 Although Vaxart's oral pill finished it's phase 1 FDA safety trial,  the results reported point to a safe and complementary mechanism of action .  It is possible that a simple oral pill, VXA-CoV2-1, that can be taken at home with a cup of water could be the solution to the survival of thousands,  if not millions of India's citizens.

 So Phase 1 was a safety trial.  check that box.

Further, Vaxart points to an N protein response that may last for seventeen years , 17 !   more ....

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 Dr. Tucker discussed:

• Vaxart’s vaccine candidate showed higher CD8⁺ T-cell responses than the Pfizer and Moderna vaccines
• Higher T-cell responses correlated to protection against COVID disease in a prospective Phase I study of first responders
• The Vaxart vaccine candidate elicited a T cell response against SARS-Cov-2, as well as showed cross-reactivity against diverse endemic coronaviruses such as 229E, NL63, HKU1, and OC43      
• N protein responses to SARS-CoV-1 have been shown to last 17 years after infection and cross-react to SARS-CoV-2
• Vaxart’s vaccine candidate triggered specific IgA antibodies in the mucosa. These mucosal IgA responses appeared to be cross-reactive against other coronaviruses such as SARS-CoV-1, MERS, and the endemic common cold viruses 229E, NL63, HKU1, and OC43

Conclusion

 I am NOT India's Emergency Use decider.  BUT if I were?  --  I'd be looking into offering Vaxart's pill to India's citizens at their option. 

Again, I am NOT the deciders and recognize they are typically mired in "due process" .  BUT with India's deaths mounting in India -- and grave diggers working around the clock there  -- maybe somebody should think outside the box? 

 nah-  likely not  -- so do not put (much, if any) on this little story of "what if".   That said -  what if?

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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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GM smashes expectations by more than DOUBLE. - (but I say Hell NO ! to Self-driving cars)

 

Stock Talk
 

General Motors blew out earnings expectations by the more than DOUBLE beating by the expected quarterly eps of $1.02 to report a whopping $2.25 a share.

 Much of the earnings came from sales of ICE. That is short of what they call "Internal Combustion engines" vehicles versus EV's.  However , GM is now producing EV's and has big plans to go all electric by 2035.

 Back in October 2020, I posted this about the ev space...

"Electric vehicles are coming on. Tesla has worked its way as the leader and is currently trading at $431 per share after the split. The TSLA eps is listed as 0.39 and a PE of a whopping 1,118.  General Motors (GM) trades as $36 with an eps of $1.06 and a PE of 34."

 

That was when GM was at $36.  Today, GM is at $58 ish.

Further, GM has big plans to deliver an electric vehicle for Fed Ex called the EV600.    My personal view of GM as a stock?

I like what GM is doing with the exception of too much focus on self driving cars that I am not a fan of and will NEVER trust them enough to be driven in one. I realize that is contrary to populist belief and all the hype gurus. But once a self-driving car takes people down a one way road the wrong way, deaths will happen and the lawsuits will fly.  And this time the fancy pants screaming lawyers you see on TV won't be going after individuals with liability caps on insurance policies. The Car companies will be paying out huge settlements and opinions of self-driving cars will shift to LOUSY idea.  They are all doing this self driving car crap so I will not hold it against GM.

With yesterday's earnings smash - I hold some GM to see.  

The chip shortage was downplayed by GM even though some productions have been shuttered.

This IBD article describes the  current status of GM in the auto space very well.

https://www.investors.com/news/gm-earnings-q1-2021-gm-stock/

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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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