A few Market watch notes and American dismay over "far left controllers"

  

Market Talk
 

The events in the country and world since the election have not been fun to watch  for an independent voter. I could list them here, but why bother? If you are not aware of what's happening, it's your fault. Yes, the market has surged and it's responding to the specter of massive spending bills that have a socialist agenda under the guise of "infrastructure".

Since the democrats have taken control, inflation is rising rapidly.  Market predictions in a topsy-turvy world seems like a fool's game, so I will sit that game out.

 

On the political front, this is a typical tweet showing dismay by more Americans giving it a thumbs up.

"Biden is intentionally relocating migrant families to Florida, and several other “Red” states, ahead of passage of the “Green New Deal” bill, knowing the amnesty provisions will likely provide Democrats enough new votes to turn those States “Blue” and effectively negate the likelihood of an anticipated “Red Wave” in next year’s mid-term elections."

 

Does that disturb you?  Biden  campaigned as a moderate saying he is NOT like socialist Bernie Sanders. Oh Really now? Coulda fooled many - Oh yea he did .  fool you once - shame on them. Fool you twice? shame on YOU.

Stock Talk

I will not venture any stock suggestions but say I am watching a few ETF's in Gold and silver like GLD, SLV  and perhaps an ETF in the gold miners that I won't name here due to inherent risk.  I can't venture a suggestion because with the market at all time highs, I won't be the one to pump anything and say buy, buy, buy - like the TV guys may do. The market leaves me circumspect.

Ford and GM may be a good stocks to watch but the supply chain on semiconductor chips made in Taiwan that they need to complete many of the options is still challenged.  Maybe US steel X is worth watching as an infrastructure stock.  

In biotechs , I am watching Inovio (INO) stock again. So far I have had three shots of C 19 immunization by Pfizer and I have not had Corona.  (I prefer the original name Corona over Covid).  But the mRNA shots are not lasting in protection.  There is early evidence that the Inovio vaccine INO4800 may provide longer lasting T cell immunization.  Likewise, the Vaxart oral pill may do similar.  But our FDA seems to favor  big pharma and throws roadblocks at others.  It has been reported that Inovio is proceeding in Phase 3 testing South America. I was once watching Sorrento but for some reason, they just can't seem to get off the mark to delivering.  That really could go for all three of the above but none the less, they bear watching from time to time.  If they ever do deliver a marketable product to turn the corner to profitability the market could respond.  Until then, I'm just watching from time to time.  If  they do not deliver, the stocks will languish and then they typically dilute shares to stay in business.  That is NOT good for retail shareholders.

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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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