Market Talk
The government's transition may not be easy to change back to more fiscal conservatism from the democrats agenda driven ways. Rapidly changing policies even well meaning can have near term implications on the economy. For example, imposing taxes on imports can initially create higher inflation. The goal could be to create more made in America but that end can be elusive, with mixed initial results. Uncertainty regarding a dangerous world on the global stage is something to watch regarding market triggers.
Stock Talk
Kratos Defense & Security Solutions, Inc. (KTOS)
This stock has been covered here since the 20's. In other defense stocks of larger companies, we see even though they produced good earnings, the share price got hammered. It could all be a temporary situation, but some may trade some shares to watch and see. The near term swings can be hard to predict so taking a gain on some in case it dips? no shame in taking a gain in some to maybe buy lower in case the "ying-yang" happens. Maybe "trade" some, but the view here is to hold some KTOS for the long run.
Kinross Gold Corp (KGC) : Gold mining with steady earnings and a divy too. As a side note, gold is now over $2900 acting like it wants to head over $3000. While the past KGC runs into the 12's saw profit taking, with Gold near $3 K, earnings may just support a KGC breakout this time.
Permian Resources (PR):
With easing of past natural gas restrictions, a new renaissance back to
cleaner and reliable energy that nat gas brings. PR with Oil and
Natural gas co in the Permian basin of America. Drill baby drill staying
the course with some PR.
Altria Group, Inc (MO) : Steady earnings and a near 8% high dividend to reinvest. The recent earnings report beat estimates with a buyback in process. There was a recent court decision that could adversely impact their importing of NJOY devices. However an updated ACE-2 vape is in development and planned for manufacture in the US places such as Richmond VA. The view here is to hold some MO and watch developments.
BigBear.ai Holdings , Inc (BBAI)
BBAI was mentioned here in the $4's just last week. It's now a double in the $8's. This company has no earnings but a lot of belief that their AI applications and services will find more government and business contracts. Last week saw rather intense buying interest on a new contract. One theme carrying BBAI is with all the new efficiency are new questions. Examples -could AI put people out of work? Could jobs suffer as companies cut back to do more with less people? Some traders and investors may be buying up BBAI as a hedge against lost jobs of the future.
ABSI - partnership with AMD on AI in medical research. Also a Merck alliance. Also, getting into animal research for new veterinarian drugs. running dd on this spec stock.
Dry Powder. Maintain some dry powder manage your portfolio according to your best views and interests to make some money!
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If you dare ... Stay tuned and aware ....
For now, we close by noting that any views 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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