Near term market head winds on slowdown concerns raises the caution flag on some ...while Gold surges.

 

 

 Market Talk

It's no secret to state the markets are volatile and have gone through a correction.  Without touting the stocks we watch, if any of the readers have noticed, this site has been fairly on target through the recent tumultuous markets. However, it is prudent to watch on-going projections because the markets are forward looking by at least a few months into the future.

One thing to say is the future economic picture is kind of choppy and uncertain with tax import and export impacts on inflation.  The Fed came out with the same word that inflation may be "transitory" again.

They used this to say that the target of two interest rate cuts may happen this year, but NOT right now.  The markets have been responding by sector rotation from tech type growth stocks into more defensive long- haul stocks like consumer and energy.  The NASDAQ composite index has corrected down about 10% for the year. As example Nvidia, the darling of AI and chip sector has corrected by nearly 20%.

Recently, some fairly well-known pundits are predicting further down turns to come in several sectors due to a recessionary style slowdown, possible stagflation with slower growth and increasing unemployment in the near term.

Stock Talk

With the above uncertainty in the market noted, it may be prudent to stay circumspect on some stocks that may be subject to market head winds.   The following a snap shot view of some of the stocks we watch:

KTOS:  The stock is trading on the lower edge of $30 today at 29ish.

In the near, KTOS seems a little vulnerable to a fade into the 20's.  Since we've been watching KTOS in the 20's, perhaps trading some for a gain would be prudent move.  The view here is that KTOS is a long term candidate to hold some, but if it dips back down to $25 ish in a continued lousy and uncertain market, KTOS may be a better buy. holding some, trading some KTOS may be the way -who knows for sure in an uncertain climate?

MO:  Holding high dividend stock MO, Altria Group, and watching. Currently, MO is seeing the market return to perceived safety and value in this American consumer stock.  see previous posts on MO.

KGC:  Gold is surging over $3100.  However KGC struggles to get over the $12 ish range. Holding and watching both KGC and Gold prices.  The notion is that KGC should eventually respond by surging into the high teens.  However, some hedge funds may be shorting KGC or other factors are holding it back.  Holding some KGC and watching to see if it can get over the 12 hump may pay off in higher share prices.  The high teens seem possible if Gold continues the run.

PR:  Holding a few shares of Permian Resources (PR) and watching the Natural Gas situation as the world's needs for a cleaner source of energy may be increasing. 

ASPI:  This spec stock that has isotopes in the que with apparent orders on high value silicon -28.  In addition, the plan to enriched uranium for TerraPower, a Bill Gates founded nuclear innovation company developing a Small Modular Reactor (SMR).  There is some talk of ASPI spinning off the HALEU uranium section of ASPI to be further connected to TerraPower.  This could result in new shares of the spinoff being distributed to ASPI shareholders.  Holding a few shares of ASPI may pay off at a speculative some $4 range.

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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ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
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Adding Back ASP Isotopes to the watch list: Producing Silicon -28 to enable Next generation semiconductors

 

 

 Market Talk

It's no secret to state the markets are volatile and have gone through a correction.  Without touting the stocks we watch, if any of the readers have noticed, this site has been fairly on target through the recent tumultuous markets.

Stock Talk

Rather than go on and on with stock talk, the following is a list of a few stocks that may merit watching:

Kratos Defense & Security Solutions, Inc. (KTOS)

Altria Group, Inc (MO) 

Permian Resources (PR)

Kinross Gold Corp. (KGC)

All of the above have been covered in prior posts, as has the next one.  However, a new development of progress is being noted on ASPI.

adding back:

ASP Isotopes (ASPI):  reports of actually commencing isotope production put ASPI on the speculative watch list.  Enriched Silcon-28 is believed to enable advancements in quantum computing and enhance the performance of next-generation semiconductors, particularly for AI applications. There are reports that ASPI has secured two purchase agreements with US - based customers for kilogram quantities of Silicon-28 and is in discussions with multiple other global customers indicating a strong market demand.  ASPI is currently trading in the $4 range.  It may merit watching ASPI again as a spec stock with possible upside.

Dry Powder. Maintain some dry powder manage your portfolio according to your best views and interests to make some money!

 _________________

  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.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

Still "laying low" but a few stocks of note... KTOS, MO, PR, INTC and KGC again ?

 

 

 Market Talk

This post is an update from the Jones report. The same general outlook from the last post called "laying low awhile" still seems to be prevailing.  Volatility is high as many different pronouncements and views give a mixed to sketchy picture of the near term economic climate.  The market is forward looking, some say about 6 months ahead.  At same time, some of the longer term goals of the new administration seem to present possibilities of green shoots to the American economy.

The market sentiment, since the election has somewhat faded with concerns about inflation, stagflation with slow growth and higher inflation.  Add jobs cuts with unemployment increasing over the coming months is raising eyebrows in the trading and investing  minds.  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. On the other hand, a positive development in the Ukraine may be underway which could lead to more overall optimism including the markets. 

The above preamble makes near term stock predicting like "a guess".  In this light, the mode here has been to "lighten up, risk off" on some stocks in favor of the sidelines with dry powder.  You may have noticed the "Stock Talk" of small cap risk stocks has been down played recently.   When market corrections do happen, the more speculative stocks with no earnings can get hit harder.

Stock Talk

 

Kratos Defense & Security Solutions, Inc. (KTOS)

KTOS 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. The suggestion to trade some KTOS while it was in the 30's was made here. The nature of the KTOS defense business pointed to holding some shares since it was pointed out here in the 20's. The stock sat at $25 the day before earnings report. About nine cents eps in earnings was estimated.  Recent contracts have been announced and the earnings beat has buoyed KTOS to where it is outperforming an overall lousy market.

KTOS is working in defense areas such as drones and hypersonic rockets, testing as well as 3D printing and satellite communications  that are all sorely needed to keep up with our adversaries.  Holding and/or buying some KTOS on dips seems like a reasonable approach.

Altria Group, Inc (MO) :  Steady earnings and a near 7 to 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.

Permian Resources (PR): With easing of past natural gas restrictions, a new renaissance back to cleaner and reliable energy that nat gas brings.  Holding some PR.  A current 4.5 % dividend rate is not too bad to hold a few PR shares and see how things play out with natural gas and oil prices in the Permian basin of America.  PR has the earnings to hold.  But, PR has recently faded some with the overall lousy market. 

Kinross Gold  Corp. (KGC):  Just when ya think Gold can't get over the hump of $3 K an ounce, it starts creeping higher presently $2996 to the magic mark.  Today, some fancy pants Wall Street  pundits are pronouncing $3500 as the next level to come during the global tax party and expected inflation.  It seems that higher gold prices could offset higher production costs and drive Kinross earnings higher.  In this climate, KGC stock has been put back on the Jones Report watch list.

Intel Corporation (INTC):  As an aside, this post is made on a new laptop PC with Intel processor inside.  Like it just fine. Intel is getting a lot of new positive buzz.  Recent news of Intel offering a new graphics card, Arc B580, with stellar reviews and selling off the shelves . Yesterday, a new CEO was announced with much experience in the semiconductor market and there are rumors of several entities interested in partnering with Intel's foundry business here in America.  Remember that NVDA and AMD produces are made in Taiwan. The buzz on Intel is catching buying interest in the past few days.  Is it early or too late to get in some INTC shares?  All we can say is maybe INTC is a buy some and watch with key word "some".  Or maybe it's a wait and see situation depending on your own risk tolerance. Could INTC be breaking out to head to the 30's again?  We have to wait and see said the blind man. It's a tough overall market lately.

Dry Powder. Maintain some dry powder manage your portfolio according to your best views and interests to make some money!

 _________________

  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.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
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