The Chinchilla Picking Podcast

Today's rally was not too close to call, but please do not chase it.  In this episode we cover: -What was behind today's huge move in the markets -FTX's meltdown and the effects rippling across crypto -Disney's earnings -Plus, some companies that have outstanding debt on floating interest rates are racing to pay it down before interest rates go even higher. 

In this episode we discuss the results of the FOMC meeting, what Federal Reserve Chairman Jerome Powell had to say, and what it means for the markets.  Dave and Brandon both talk about some stocks they think you can start legging into now.  Brandon is bullish on, municipal bonds??????!

-Chinese stocks continue to get beaten down. -GE had a so/so earnings report, we dive in to whether or not the turnaround is still intact.  -Microsoft and Alphabet reported today as the show was being recorded. We give our immediate thoughts.

-Netflix stopped bleeding subscribers. We dive into the earnings report. -Brandon and Dave highlight some buying opportunities.  -We dive into a CFRA report on housing data.  -Dave is bullish on Tesla, Brandon is on the fence.  -Accenture offers an interesting buying opportunity, though it is especially recession sensitive. 

-Cracks are starting to show in the economy, but how much lower can the S&P go? -Which companies are poised to benefit from a potential 80% demand increase for semiconductors by 2030? What about the geopolitical risks coming from China and Taiwan?  -Dave gives an update on Boeing  -Are individual investors, or "retail" investors, the new "Intelligent Investors"?

Will automakers be able to meet the demand created by the California EV mandate by 2035? What about battery makers? Charging companies? What about the infrastructure? Brandon mentions a potential global financial contagion within pension funds, but still buys Disney Dave talks about his watchlist and what he's waiting to buy, and discusses why he's waiting Article mentioned in this show: Pension S...

Ford's stock took a massive hit after warning that there was an unexpected 1 billion dollar hit to profits stemming from supply chain disruptions. Is now the time to buy? With a crowded consumer staples space now trading at historically high multiples, Brandon gets creative with new ways to make money off of rising rates while the Federal Reserve offloads 95 billion dollars a month of it's assets....

Cathy Wood has had Elon Musk and Bond King Jeffrey Gundlach join her chorus of voices warning about the risks of deflation.  The CPI and the PPI numbers are out, what are they and what do they mean? KKR is partnering with Securitize to release a fund to the market via Blockchain. The tokenized equity is one of the first of it's kind.  A railroad strike is about to commence as the Nationa...

Boeing just signed a deal to help make Poland have the 2nd largest military helicopter fleet in the world. Will Russia respond?  Dave and Brandon are ready with some plays. Just days after OPEC + announced that they are cutting oil supply, oil has hit multi month lows. Why? Where will oil go from here? Apple was set to partner with Globalstar to provide satelite services to their phones. But...

Dave finds a potential bull market making a comeback in one sector.  Dave discusses his opinion on Nvidia and the government banning certain chip sales to China.  Brandon tells you why he DID NOT buy Paramount Global, even after last week's spotlight, and what he'd rather buy instead.  Dave sees inflation making a short-term comeback and both hosts talk about what trades could be ma...

Brandon gives his thoughts on Dollar General, along with a few interesting facts Berkshire Hathaway recently disclosed that in the last quarter they purchased more of Activision, Paramount Global, and Ally Financial.  Dave gives his thoughts on Nvidia, Brandon disagrees slightly. Could we be heading toward a "balance sheet" recession? Tickers mentioned this episode: $DG, $PARA, $ATVI, $ALLY,...

-Updates on the health of the consumer -Both Walmart and Target reported earnings, and one seems to be struggling harder than the other to find their way through the inflationary environment.  -Ryan Cohen seems set to sell all of his Bed Bath & Beyond stake. Tickers mentioned in this episode: $WMT $TGT $BBBY $GME

-An 8.7% CPI reading isn't really much to celebrate -Rivian is the Karen of electric vehicles -Disney and Berkshire Hathaway are must-owns. Not trades. Owns. -Better deals are probably coming again in the stock market -A good strategy to beat the devils of inflation and deflation over time Tickers mentioned in this episode: $SPY, $DIS, $BRK.A, $BRK.B, $RIVN, and all of the goofy meme stocks

Dave talks about Qatar's recent spat with Airbus Dave says it is way too early to declare victory on oil prices Another stock added to the meme stock frenzy.  Has the stock market gotten ahead of itself? We are in an era of economic ignorance Robinhood is still an awful company.  Tickets mentioned this episode: $SPY $AMZN $HOOD $AAPL $EADSY $AMTD

$META earnings were frustrating, but not a deal killer Words CFOs should stop saying on earnings calls.  DAVE'S L****NING ROUND! Is it time to buy the semis? Dave explains how he channels $RIOT.

...for gratuitous mentions of US Steel and $RIOT(ing). David talks about his recent position in $RIOT US Steel has very low valuation ratios, but is it a bull trap? A continued dollar rally will catch up with consumer staples. David asks if Kathy Woods's recent comments about the fed being too aggressive are correct. 

Experts are divided on the prospect of a recession. We dive into what analysts from JP Morgan have to say.  Dave dives into the recent financial stress test imposed on big banks.  FedEx recently reported earnings and raised guidance. 

What's happening in the WWE right now is more dramatic than any wrestling storyline. Dave says stay away from fintech Both Celsius companies went cold this week.  The crypto market's first domino fell.  Brandon bought $SPY for the first time in years.  Dave is starting to add aggressively to positions. 

Has inflation peaked? We talk about what company leaders are saying on their conference calls from shipping companies to consumer staples like Campbell's Soup and retailers like Target.  What will happen if the government decides to ban payment for order flow, and effectively get rid of no commission stock trading? What is the driving force behind treasury volatility right now?  Tickers...

-Microsoft's proposed buyout of Activision -GameStop is still terrible -Is this a bear market rally? Brandon explains why he's kind of excited about it.  -The game of percentages in the stock market

Updates on our position on Twitter Dave and Brandon have recently bought stocks, which ones did they buy? The arbitrage play on Activision keeps getting more attractive. Dave talks about the stocks that are likely to hold up more than others during this bear market Consumer debt is at record levels and continues to climb higher even with interest rates rising. As prices come down, so does risk if...

Dave and Brandon give you an update on their Twitter buys.  Dave says buy Activision on for the arbitrage as Microsoft is poised to buy it for $95 a share.  Brandon gives you his trading strategy.  We talk about the Berkshire Hathaway Shareholder Meeting and we play a new game.  Munger made news when he hammered Robinhood 

Elon buys Tesla, and with a 7% gap between the current price and what shareholders are likely to get, Brandon and Dave are buying it as well GE disappointed investors with their q1 earnings report, but what was said in the conference call is keeping Brandon bullish for the long term turnaround of the company that Thomas Edison founded well over a century ago. Dave talks about the cyber security ta...

This show is a roller coaster.  I'm by myself tonight but we will be doing a full show tomorrow.  I start with last week's Netflix debacle and then explain why a large portion of this market may be a value trap. This is very important for listeners, do not be suckered in to buying a company on last year's peak earnings! 

Dave discusses his strategy for crypto and crypto staking.  We talk about James O'Shaughnessy's book "What Works On Wall Street". There is one value ratio that has worked better than any other over the past 70 years, and it's not Price/Earnings.  The "Dogs Of The Dow" hunt well over time... Jamie Dimon's earnings call was almost as bearish as the RH earnings call a couple of weeks ago. &...