Things changed last Saturday. - and a High-dividend watch stock- MO

  

Market Talk

Former President Trump was nominated as the republican Presidential candidate yesterday.  On Saturday, thank God he survived an assassination attempt where somehow by the angel of good and exact timing, he swerved to look at a favorite chart, exactly at the right moment with less than a half second difference between a disastrous headshot vs an ear grazing hit that was a way too close call with death.  Sadly, and tragically, a hero attendee, fire chief Corey Comperatore was killed while covering his family,

This sad event, yet miraculous that President Trump survived seems like an act of divine providence to many. At this present time, it seems like Donald J. Trump will be a shoe in as long as the voting system is properly managed and regulated.

The Federal reserve is signaling that interest rates will likely be coming down due to inflation rate dropping to 3 % and new job rate  slowing down. In reality anybody that shops at the grocery store and pays rent may disagree about inflation slowing.  Regardless, the Fed has a job to set the economic tone.  The Fed is sending signals that interest rates cuts  are likely in September and probably December.  Generally, lowering interest rates are bullish for stocks.  However, some indicators are pointing to a GDP slowdown in the economy pointing to a recession coming. The balance of lower interest rates vs a GDP slow down makes the future market outlook seem "mixed".

The past few weeks have seen a broadening of market action with small cap stocks as in the Russell 2000 behaving very bullish. Energy stocks, financials and Gold stocks are starting to show life in a bullish sense.

Meanwhile, the US dollar is being challenged by the growing "Brics" led by China and Russia to break away from the US dollar as a world currency. 

Try to be selective in stock picking.

Stock Talk

 A new watch stock, Altria (MO), is being added to the list.

Altria Group, Inc (MO):  Recently FDA approved to market menthol e cigarettes.  These are vaped and typically contain fewer toxic chemicals to traditional cigarettes which have thousands of harmful substances, including tar and carbon monoxide.  Use of e -cigarettes instead of smoking may reduce the risk of smoking related diseases such as lung cancer and cardiovascular diseases.  One caveat is that when young people flock to "vapes" that never even smoked they stupidly set themselves up to be addicted for life to nicotine.  Regardless as a stock, MO pays over an 8 % dividend and people will smoke and vape no matter what anybody has to say.  MO is starting to catch buy side interest and the solid dividend is why it joins the watch list here.

If interested in other current watch stocks recently opined on here, scroll back to see posts on other stocks we are watching.  

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.

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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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Stock snip-it (updates!) from Spider J. Jones - and forget about EV's because WE do not want them.

  

Market Talk

The stock market is a dicey proposition.  Venture into it and dabble at your own risk.  The Fed is sending signals that interest rates will come down, maybe around September.  Generally, lowering interest rates are bullish for stocks. 

On another note, your administration has opened the southern gates to millions.  How will this affect the future economy and jobs and the growing deficit? Such and such remain to be seen, but the deficit is growing largely.  Death and taxes, Ben reminded us of certainty.

Stock Talk

The following are few snip-it thoughts on a few stocks we watch.

Annovis Bio (ANVS): (update 07/11) After a nice run with early Parkinson's data , the stock is trading with volatility up and down in wide swings. On the bullish side, a drug that would be FDA approved to treat both Parkinson's and Alzheimer's with low side effects that happens with several present drugs by big pharmaceutical companies.  But alas the bear case is that it will be more time before the FDA will take it all up with a meeting in October and it's already stated that an expanded Phase 3 trial is needed.  

Speculation can only go so far before the short side steps in.  It will ultimately be the FDA who will scrutinize scrubbed data closely and demand statistical significance in numbers of trial patients. 

As a closing note on ANVS, let's just say the low float stock is very hard to predict as far as share price in the near and long term. So, lets refrain from trying here.  On the other hand, it looks like a "swing stock" that is being traded heavily.  As such it has the feel of a "pump n' dump" stock.  As such it will not be mentioned here unless something of a real nature happens with ANVS going forward. If attempting the daytrading  of ANVS, wish you more greens than reds and good luck.  The volatility and price swings of ANVS can make one say- yikes! If in, it feels like a not too much stock due to more time needed and lack of sufficient cash to carry out the expensive areas needed. Anything can and will happen with ANVS stock.

Nvidia (NVDA) :  After the 10 for 1 split many of us bought some NVDA.  The initial reaction was for  us "fomo" people to get in on the AI hoopla on the "cheap".  But what happened?  The ones that were in presplit like institutions, now have ten times more shares at one tenth the price.  none the less, the institutions sold some of NVDA holdings.  That affect may be wearing off now and NVDA is back to trading on fundamentals, yet still somewhat volatile.  The near term still seems positive for NVDA from at least a few advantage points of AI leadership.

Intel (INTC) :  From the 40's to the low 30's, Intel sank on lowered near term expectations due to investment in chip foundry manufacturing.   However, Intel stands to be the ONLY semiconductor manufacturer in America.  Perhaps, anybody that has been watching and reading notices that sentiment on INTC stock is turning from bearish to bullish?  AMD and NVDA BOTH rely on Taiwan semiconductor to manufacture their chips.  Do YOU see a possible issue there?  Intel is set up to benefit from a new wave of AI personal computers coming as the masses upgrade. Yes, there is competition in the CPU market but Intel will remain a huge player in people buying up AI laptops at places like Best Buy and Walmart.  More buyside analysts are turning to Intel while it's still in the 30's.

Devon Energy (DVN) 

Good article relaying a Bank of America analyst recommending buy some DVN.   Oil and Gold in America and Canada have a big future.  Nobody except for Californian's, with moderate temps, want electric cars.  They drop range by 40% in very cold weather. Want a heater on too?  Forget about it! Good luck charging, stuck on the side of wintery road.

 https://finance.yahoo.com/news/looking-bargains-bank-america-suggests-173649746.html

Kinross Gold (KGC):  Long term?  Oil and Gold in America and Canada have a big future.  KGC covers the gold side from the mining position.  KGC may require patience but looking for double digit share levels and a dividend too.

Vital Energy (VTLE) :  Another growing Oil and gas company with acreage in oil rich basins in America.  VTLE is a growth stock worthy of watching as the rich Arab sheiks try to play games on America and oil. The sheiks want to throw in with Russia and China? WE have some choice words for that!   

Oncolytics Biotech (ONCY):  A new trial started dosing in a Pancreatic Cancer study in Germany with that uses a combination of Pelarerep and a checkpoint inhibitor with or without a modified chemo.  This is a long shot $1 buck stock at the moment.  Pancreatic cancer is one tough cancer.  This makes ONCY a spec stock with a "What if" ponderance.  Some of us retail small investors think the evidence of the MoA to attack cancer with T fighter cells may result in a positive response.  Yes, it's a hope and spec stock so we know - not too much. God bless the fighters that sign up to FIGHT.

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.
_____________

Time to dabble back into Energy with oil and natural gas and gold stocks?

 

 

Market Talk

The stock market is a dicey proposition.  Venture into it and dabble at your own risk.  Let's take a look at developing trends and postulate a theory or two for entertainment purposes only.

Stock Talk

There were two stocks we watched here before and took the gain because their valuation was seeming too high for buyers to accept.

After awhile of meandering in the mid 50's, the stocks just could not get over the hump.  And yes, we correctly let them go and took a gain.

Presently, both stocks have dipped to the 40's and are seemingly showing support.  I will now make a case for why it may be time to venture back in and dabble again in "some" and possibly "go long".

These two stocks above are Devon Energy (DVN) and Vital Energy (VTLE).  Oil and natural gas stocks in the basins of America.

Devon (DVN) is a well-known established oil and natural gas company with good earnings and an interesting dividend policy that varies on how well they do.  Vital Energy (VTLE) is an upcoming energy company that has made very smart acquisitions of oil properties in the basins of America with hundreds of high value locations to grow rigs as they expand operations.

But let's get back to notions, theory and postulations on current happenings and trends.  Have you been watching how "the Brics" are expanding membership to promote de-dollarization for world trading, in particular - oil?   

"In 2006, Brazil, Russia, India and China created the "Bric" group. South Africa joined in 2010, making it "Brics". The group was designed to bring together the world's most important developing countries, to challenge the political and economic power of the wealthier nations of North America and Western Europe."

Alas, our past "sort of " friend in the middle east, namely oil rich Saudi Arabia has joined the Brics.

This trend of countries breaking away from trading in US dollars could be very inflationary.  Here in America, the oil companies with capacity to tap our own natural reserves could become very important and even more vital to American security.

In such a world , it seems that two commodities could increase in value - Energy such as Oil and Natural gas -  and Gold.

DVN, VTLE are interesting stocks to watch and possibly pick up some shares if dabbling.

In the gold sector, a miner like Kinross Gold (KGC) could be one to watch.

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.
_____________