A Day of optimism in a world of Uncertainty lifts the markets - will it last? with some stocks to Watch.

 

Market Talk

What is happening on the Russian / Ukraine front?  There is some market optimism that the military deployments on the borders will not erupt into war and that further talks will continue.  What will actually happen?   The following is a good article to explain the confusing situation. One thing is clear, the Russian's want something to come from all of the "military drills".

https://apnews.com/article/russia-ukraine-business-europe-vladimir-putin-moscow-2b5ffbcff0eb80be38239eb5d3d49ded

Stock Talk

Even though the market is responding to any optimism on the Ukraine front, there is still raging inflation and the US Federal reserve is expected to do the job of reigning it in by raising interest rates over time.  It will start in March.  The market and interest dependent stocks will typically respond unfavorably to raising rates.

However, the recent correction, seems to make some bottom fishing look appealing . The key word here is "seems".

With the above caveats, the following is a list of some stocks of interest:

Autos:                  Ford (F), GM, Fisker (FSR)

Chips:                  Microchip Tech (MCHT), Intel

Infrastructure:      US Steel (X)

Banking:              Bank of America (BAC), PNC

Bitcoin mining:    CleanSpark (CLSK), others too

The above stocks are not buy/sell recommendations (I do not do that here).  However, each have some interesting characteristics that could cause them to move higher if market conditions remain favorable in their respective areas. The last mentioned on bitcoin mining are more speculative, dependent upon the volatile movements of bitcoin values.  If interested, stay tuned to future postings as I will likely opine on the market, stocks and more.

As usual, I will close with the notion of maintaining $ dry powder $ seems like a good move in circumspect markets; especially with war and raging inflation on the table of uncertain futures.

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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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The Russian Bear, Inflation and the FED add up to bad market juju in my viewfinder.

 

Market Talk

The markets have corrected some and are bouncing now.  Will a bull rally continue into the year? Remember the Fed's intention to start the raise of interest rates in March. Further, the Russian bear is surrounding the Ukraine with military equipment and over 100,000 troops.  The Olympics wind down in the Peoples Republic of China (PRC) around February 20.  The Ukraine and Taiwan are not under the umbrella of NATO and Russia and the PRC are aggressors on the world stage. These are examples of macro factors that make me circumspect about many stocks, especially companies that may be enjoying nice runs but are dependent on a partnership with the PRC.

With the above overall market wariness, the sidelines look safer to me at this time.

 

Dry Powder -   I would not go all in on any stock with the macro dynamics of global strife and Fed tightening to address inflation.

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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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Three stocks of interest in a circumspect market (Microchip Technology, Ford ... and CleanSpark ???)

 

Market Talk

The markets have corrected some and are bouncing now.  Will a bull rally continue into the year? Remember the Fed's intention to start the raise of interest rates in March. Further, the Russian bear is surrounding the Ukraine with military equipment and over 100,000 troops.  The Olympics wind down in the Peoples Republic of China (PRC) around February 20.  The Ukraine and Taiwan are not under the umbrella of NATO and Russia and the PRC are aggressors on the world stage. These are examples of macro factors that make me circumspect about many stocks, especially companies that may be enjoying nice runs but are dependent on a partnership with the PRC.  My previous post still holds for me.

With the above overall market wariness, I will highlight a few stocks that are capturing my interest.

Stock Talk 

Microchip Technology Inc (MCHP) was incorporated in 1989 and is headquartered in Chandler, Arizona. The global chip shortage has affected the supply chain of many industrial products such as Automobiles. While it appears that MCHP ($76) uses semiconductor wafers made in the USA, the specific chips are made in faraway places such as the Philippines.    MCHP uses vendors to take their catalog and supply to manufacturers.  There is a push for the big industrial companies to go deal directly with producers of chips and there is a push by the US government to produce the chips within the US.  These are dynamics that make me believe that MCHP is a stock to watch.

Ford (F)  is a company I have highlighted as a "some stock" since it was in the $11 range.  It has since risen to the mid 20's and when it did, I suggested here that it may trade below and above the 20 range awhile.  The above-mentioned chip shortage was and is one reason I believed Ford would remain range bound. Now that Ford has faded back to the 17's and 18's range it may be a buy some stock yet again.

Ford's electric vehicles like the maverick and the Lightning F 150 pickup are sold out for the 2022 models. 

CleanSpark Inc (CLSK) -  I have highlighted this bitcoin miner and energy related co in the business of microgrids.  It has been volatile with what I viewed as excess insider feather bedding. However, CLSK's recent quarter may reflect a turning point and is bouncing off the bottom.  I re- mention it today because they actually produced a pretty positive quarter in terms of reporting an eps of .35.   I was disillusioned by management and sold CLSK stock in the 20's and it is now at single digits and bouncing.  It may be a stock of interest as a speculation if bitcoin can hold levels. 

"BRIEF-Cleanspark Reports First Quarter FY22 Financial Results

BY Reuters
— 4:55 PM ET 02/09/2022

Feb 9 (Reuters) - CleanSpark Inc ( CLSK ):

* CLEANSPARK REPORTS RECORD FIRST QUARTER FY2022 FINANCIAL RESULTS

* Q1 EARNINGS PER SHARE $0.35

* Q1 REVENUE $41.2 MILLION Source text for Eiko"

Dry Powder -   I would not go all in on any stock with the macro dynamics of global strife and Fed tightening to address inflation.  some? maybe.

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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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Market Circumspection and Predictions until/ unless "things change" again.

 

Market Talk

I have been circumspect on the market and crypto. This has saved me from recent precipitous falls lately.  While many pundits say buy the dip, I remain cautious.  Further, I predict that Bitcoin along with other crypto will continue to fall harshly.  Now that may actually be good for working people that work for US dollars and pay the bills in US dollars, even with inflation.  It's things like excesses in false security like Bitcoin that tears down the fundamentals of the American way. As follow through, stocks related to bitcoin may continue to fall as a passing fad. Beware putting all hope n' dreams in fake stuff.  Watch out for dead cat bounces.

Beware fake news. The real news would tell you that the PRC has many hypersonic missiles aimed right at us that travel faster than 2 miles per second from near space and they cannot be stopped once launched. My response is to sell anything related or partners with the PRC.  Watch putting your faith in stocks that have feather beds at the helm.

I've been circumspect about crypto, the overall market and stocks. I still am based on global concerns and market levels that may be overpriced with risks of fiscal tightening, inflation and threats of aggression and possible WAR.  The above views make me market bearish unless I see change that warrants otherwise. 

The sea is cast in fog and the stars are hiding in the sky. 

hunkered down market wise, dry powder.

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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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Market Opinion - SELL Companies Partnering with the PRC.

 

Market Talk

 

Are you people aware that the Peoples Republic of China (PRC) have used outsourcing gains and knowledge gained to develop an entire new class of Missiles called Hypersonic. The PRC has already launched one into space and then it can go directly over a target, like an aircraft carrier or a country and reach hypersonic speed of OVER mach 10 times the speed of sound? That speed is OVER 2 Miles in ONE second. Nothing can stop it and they have developed evasive flight and targeting. THAT is what the PRC has done with knowledge gained and profits from our companies like APPLE that have partnered . I say STOP investing in companies that partner with the PRC because they have developed dastardly machines with no defense and WE do not have such capability yet. And when we do , then what? 2 minutes to target? Poofters! 

wake up ! 

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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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Tensions remain high on the Russia/ Ukraine front. Is China next? Hyper-sonic missiles may change the narrative.

 

Market Talk

This post is an update on global tensions that mainstream media seems to be ignoring.  Why?  My guess is that China and left wing politicians, mostly democrats, own much of the media.

Watching Russia on the Ukraine border. If tensions escalate to an all out Ukraine invasion, China may be bolstered into invading Taiwan. Read the today's news....

Kremlin spokesman Dmitry Peskov said Tuesday the talks in Geneva were “open, comprehensive and direct,” an assessment echoed by Washington. But Peskov said it was the result that ultimately matters.

Kremlin spokesman Dmitry Peskov attends a news conference in Moscow, Russia, Dec. 23, 2021.

“So far, let’s say we see no significant reason for optimism,” he said in a conference call with reporters.

Victoria Nuland, U.S. undersecretary of state for political affairs, told reporters Tuesday, “We haven’t seen the slightest hint of de-escalation” on Russia’s part. “It is Russia that created this crisis out of whole cloth” by deploying 100,000 troops just across from Ukraine’s eastern border.

https://www.voanews.com/a/conflict-along-ukraine-border-focus-of-nato-russia-talks-/6393384.html

Meanwhile, the US market is ignoring the rapid development in the PRC of a new class of terrifying missiles called hypersonic.  After looking into this it points to bad policy of generational outsourcing to the PRC.  This is not a bash on Chinese citizens, however their communist leaders have directed the military side to develop a  hyper sonic missile program, successfully tested, and are now building out a hundred silos that will give the ability to push a button and rain down on us death at imperceptible speeds over ten times that of sound.  If it doesn't happen, the threat of it will change the narrative.

This is serious stuff that could well lead to the end of humanity as we know it. But, the hypersonics are so fast and evasive that some crazy leader may get the notion that they have first strike advantage. China is reported to building new silos and nobody cares? 

 

Market Warning :  If the Russians invade Ukraine, watch out for China on Taiwan. 

Are growing tensions coming to a head?

Is a cold war with Russian and China on the verge of reality?

Many questions point to possible economic sanctions on Russia and possibly sanctions in dealings with both Russia and China.  A perceived first strike advantage may lead to arrogance of their military leaders.

 Stock Talk
 

Due to the serious nature of the above post I will refrain from mentioning specific stocks, like Apple, that have extensive dependence on the People's republic of  China with generational outsourcing practices. 

hey people -  wake up.

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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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So, the socialist Dems are now saying armed robbery is NOT a crime?

 

Market Talk

• China's hyper-sonic missiles?
• Russia's troops aggressive on the Ukraine front?
• coming sanctions on actions and bad juju with no mojo?
• Omicron fear makes the teachers whine and some quit?
• BAD policy at the borders?
• Inflation raging and Fed actions to up interest rates, yup.
•  and now....  NYC "woke" Dems are saying ARMED ROBBERY is NOT a CRIME ????

 

 

Ok well, the above is enough to say your "socialist DEM" experiment has FAILED.

I'm bearish on the overall market. At some point the macro affects the micro.

and yet maybe some Ford and US steel (X) may hold up.

more cash, dry powder, while bad policy plays out. 

Thank the democrats in office. That's a view today from this independent observer.

 

 

  Stock Talk

 

A few stocks, in the US,  that come too mind are:

 

• Ford (F), hold - just some
  
• Micron Technology (MU), waiting
  
• US Steel (X), hold - just some
  
• less spec, more cash for Dry Powder.
  

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ALL in my humble opinion, scroll down and read more..

This site does NOT make Buy / Sell recommendations.
_______