Mad Money Host at CNBC
Member since: Sep '20 · 6512 Opinions
VST tanked over 28% today on news of China's DeepSeek stealing the AI crown from ChatGPT--DeepSeek is faster and cheaper. All AI-related stocks, including energy plummeted as the Nasdaq slid over 3%. It's a confusing situation that happened so suddenly that you have to sit on your hands and wait.
Shares tanked today on news of China's DeepSeek stealing the AI crown from ChatGPT--DeepSeek is faster and cheaper. All AI-related stocks, including energy plummeted as the Nasdaq slid over 3%. He sold his shares already, but if the stock stabilizes, this may be a buy, because AVGO has a lot of business away from AI-related data centres. However, he doesn't know--this could fall further. It's a confusing situation that happened so suddenly that you have to sit on your hands and wait.
It sold nearly 30% today on the DeepSeek news. When a stock falls this sharply, it means the sellers aren't done, and will sell more tomorrow.
Problem is that Ford has big warranty issues--it costs so much to fix a car. Is -9% this year so far. The auto stocks need a rate cut.
He heard today that next year's growth rate won't be that high, and still shares went up today. The is doing a great job. Trading this is a sucker's game. Own it and buy more on weakness.
Is enjoying the rotation out of semis/tech stocks today, up 3.52%. It's been undervalued lately. Has more room to run; he expects the rotation to continue beyond today.
Is enjoying the rotation out of semis/tech stocks today, up 3.38%. It's been undervalued lately. Has more room to run; he expects the rotation to continue beyond today.
Until the election last November, oil, cattle and corn were trading separately, but ever since have been moving up in unison. Garner says this is similar to the commodities rally in 2022 during rampant inflation. Just recently, though, oil has broken down, and the other two commodities could follow. In coming weeks, oil weakness could persist due to a strong US dollar, persistent inflation, lacklustre demand from China, bear seasonality, and economic weakness in the rest of the world. Meanwhile, OPEC can't stabilize the price with production cuts. And Trump's attitude to drill a lot is driving down the price. If oil can't hold current levels, it will fall to $60-65 soon. Then, could slide to $51. Live cattle: prices are roaring because of the lowest cattle inventory since 1951 thanks to droughts and very high feed costs. Meanwhile, buyers will accept any price--and this trend rarely ends well. In 2014, the market topped, which needed an entire decade to regain that level. Garner notes that recently, the cattle price is making lower highs and that any gains will be temporary. The cattle price could fall by more than 33%.
The Japanese Yen and the US 10-year treasury note have been moving in lockstop since last fall. Garner says such correlation are rate and unsustainable. The Yen suffers from a huge interest rate differential from the US dollar. A breakdown is inevitable.
Is -9% in the last 3 years. Trump says he likes solar energy, though not wind. So, he's not too worried about NEE, which is a cheap stock.
Likes it and they have performed well in the past, but as of late DHR has seriously underperformed. He's getting restless.
It went parabolic, so he sold some shares. Now, he's waiting. It's the cheapest natural gas company, though, and is in a good position for Trump who wants to export nat gas.
It's been parabolic, so wait till it gives back a lot of its gains. It just started rolling over.
A fundamental part of his portfolio. The stock is resting. Usually, it has a big move, then rests, big move, rests. Long term, the growth rate is fabulous.
NVDA tanked 17% on news of China's DeepSeek stealing the AI crown from ChatGPT, faster and cheaper. All AI-related stocks, including energy plummeted as the Nasdaq slid over 3%. Buy this weakness or sell? Honestly, he doesn't know. It's confusing. Analysts haven't had time to digest the DeepSeek news. How many NVDA chips does DeepSeek need to work? Will NVDA's numbers come down if customers freeze and reassess their chip orders? Will things turn into the internet pause of 2002, which turned out to be a collapse? Or not? He has no view on DeepSeek, because he simply doesn't know enough. He sold some shares before today's news when shares were much higher to right-size his portfolio. However, the hardest thing is to wait until you know more instead of taking a knee-jerk action.