
The Chinchilla Picking Podcast
By Brandon Beaver and David Underwood

The Chinchilla Picking PodcastSep 25, 2023

Episode 127: Cisco Buys Splunk
This week the blockbuster news that Cisco is acquiring Splunk hit the wires. Is this a good deal for both parties?
It has been forecasted that credit card losses will peak in late 2024. What would this mean for the overall economy and for stocks?
Dave hits the headlines.

Bonus IPO Episode
This is a bonus episode with Brandon covering the current and future state of the IPO market. Plus, Brandon dives into the hotly anticipated IPO of Instacart and Birkenstock's planned IPO.

Episode 126: JM Smuckers Buys Hostess, What We Know About The Instacart IPO, and Headlines
-JM Smuckers buys Hostess for a steep 5.6 billion dollar price tag, is this a good deal for JM Smuckers and investors?
-Instacart is planning a hotly anticipated IPO, and the anticipation seems to be ramping up after Arm's succsessful debut.
-Plus, Dave hits Brandon with the headlines.

Episode 125: Home Sales, RH Earnings, the Disney/Charter Deal, Apple's Event and Headlines
In this episode we go over the recent decline in home sales and how that relates to the rest of the economy including a bad earnings report from RH. We also talk about the Disney/Charter deal, Apple's event and more.

Episode 124: Do Recent Retail Earnings Reports Paint A Sobering Picture for The State of The US Consumer?
Recent retail earnings show two sides to the retail story with Walmart and Amazon still in the lead while retailers like Dollar Tree, Dollar General, and Five Below behind. What is behind this continuing trend?
Are U.S. businesses finally losing patience with China?
Dave tackles the week's headlines.

Episode 123: Shrinkage
-Credit card debt is at an all-time high.
-Theft in retail continues to surge as Dick's posts a decline in earnings
-NVDIA's blockbuster earnings results push the stock even higher
-Evergrande's problems continue but plans are in the works to rescue the fallen giant
-Dave and Brandon analyze current headlines

Episode 122: The LEI, Bloomin Brands, and Pain at the Pump
The Conference Board Leading Economic Index gives us a sobering outlook, Starboard takes a 9.9% stake in Bloomin Brands looking to make some postitive changes and rig counts keep dropping.

Episode 121: Disney Earnings, And Is The Earnings Yield of The S&P Enough to Sustain The Market
We dive into Disney's earnings report, the earnings yield of the S&P 500, Softbank's acquisition of Arm, and more!

Episode 120: Robinhood and Berkshire Earnings
-Robinhood reported earnings and Brandon has a surprising take
-Berkshire is still going strong
-Dave talks about the new innovations in the trucking industry

Episode 119: How to Turn "Mistakes" Into Wins in Investing
On this week's episode we cover Meta and Alphabet earnings. Brandon talks about a great way to turn mistakes into profits and Dave talks about this week's headlines.

Episode 118: Oil, NVIDIA, Tesla, and More
Rig counts are dropping again, plus NVIDIA, Netflix, Tesla, and supply chain union strikes

More Changes Coming At Disney, Plus The UPS Strike and More
This week Nick Young is filling in for Dave Underwood. We cover more evidence of the "this time is diffferent" attitudue, more changes coming for Disney, the potential UPS strike, and Nick's thoughts on the airlines. Plus, a relatively unknown company is reporting earnings this week and Brandon thinks their earnings call will be particularly important.

Episode 116: Is It Really Different This Time?
Dave and Brandon take opposing sides as to whether or not we are gearing up for a deep recession.

Episode 115: Tesla, Delta Airlines, Bitcoin, and Constellation Brands
Tesla released their delivery numbers on Sunday, Dave and I dive into what to think about them.
Delta Airlines, a show favorite, upped their full year forecast.
Constellation beat on earnings but...is there more than meets the eye?

Be Cautious When Others Are Being Greedy
Symptoms of interest rate hikes are continuing to arise globally pointing to an ever growing possibility of a recession. Manufacturing growth continues to slow domestically while commercial real estate continues it's fall across Europe. Corporate defaults and overall bankruptcies are growing.

We're Officially Back in Bull Mode...But Are We On Thin Ice?
The S&P 500 and Nasdaq are officially in a new bull market. We examine previous bear market endings to see if we are this new bull market is sustainable.

Pfizer and the Recent Jobs Report
Pfizer is down 27% over the past twelve months, is it time to buy? We dive into the numbers and the Pfizer pipeline for the year.
Dave dives into the jobs report and gives an update on the possibility of a soft landing

Are We Already Experiencing a Slowdown? Dave Covers NVIDIA
We talk about the debt ceiling as much as it deserves to be talked about
We cover Walmart, Footlocker, and Lowe's earnings and ponder whether or not we're already in an economic slowdown.
Dave highlights NVIDIA's fantastic earnings and talks about the AI surge.

I'll Be Your Warren Buffett If You Will Be My Charlie Munger
-Berkshire Hathaway released their earnings report and had their annual investor conference
-Important takeaways from Google's IO conference
-Disney is potentially preparing to take steps to fully buy Hulu by 2024
-Icahn vs the short sellers at Hindenburg Research

An Update on Activision, Meta Surprises Nicely on Earnings Again, and Foxconn Abandons Lordstown Motors
Brandon does a victory lap (again) on Meta Platforms and then eats crow on Activision
Dave discusses where he thinks the electric car industry is headed and one stock he thinks will be a winner
Foxconn abandons Lordstown Motors but might be taking control of the factory in Ohio
All of this and more on episode 109.

Well, Are We or Aren't We Going Into a Recession?
We comb through the mixed data from last week. Are we or aren't we going into a recession??
Inflation came back "better" than expected, but is this sign that inflation is cooling also a sign of a potential recession?
Banks reported earnings and for the most part beat expectations, but some of the stocks were soured by gloomy forecasts.

The Week Ahead
In this episode we discuss the recent jobs report, the upcoming CPI report, and what earnings reports for the coming week we think will matter the most to investors.

Is Inflation Really Easing?
Dave and Brandon go over some of their recent wins and losses
Is RH still a buy?
Virgin Orbit’s troubles as the eruption of the space industry bubble continues to play out
The PCE numbers came out and the market rallied a bit, were the numbers really something to get excited about?

Yada, Yada, Yada, Too Big to Fail. Again.
Dave and Brandon discuss the recent bank failures, plus:
-Short sellers are targeting Block, do they have a valid point?
-We discuss the situation regarding moral hazard and bailouts
-What sectors of the market do we think will outperform this year?

Yada, Yada, Yada and GE's Investor Conference
What's behind GE's outperformance?
GE Healthcare is up 41% since it's spinoff, is it still ok to buy?
Meta Platforms is using a new start-up to provide it's semiconductors for artificial intelligence, will they be competition to the bigger semiconductor companies?
Who is set to gain from the hot competition in AI?

Berkshire's Annual Shareholder Letter Plus Lowe's and Salesforce
On this episode we dissect Warren Buffett's annual shareholder letter plus we dig into Lowe's earnings.
Plus, will a large number of high profile activist shareholders be enough to drive Salesforce into the green?

NVIDIA Earnings and Could ODTEs Be the Source of The Next Stock Market Crash?
Nvidia's earnings weren't great but were much better than expected.
Trading activity in options with zero days until expiration has spiked heavily over the last two quarters. Average daily exposure to "ODTEs" has increased to $1 trillion. Will this lead to the next stock market crash?
Boeing...is still a big disappointment.
Articles mentioned in this episode:

Is Alphabet's Business Model "Broken"?
Just 3 months after litteraly crying on air about "getting Meta wrong" (and it's subsequent 78% gain since), Jim Cramer says Alphabet's business model is broken. Are we buying the inverse Cramer here and adding more Alphabet???
After Cisco's earnings report, will this finally be the company's time to shine?
We break down the recent CPI report.
Dave explains what's behind January's 3 percent spike in retail sales.

EPISODE 100!
A plethora of tech earnings have hit the wires in the past week and we are digging through the good, the meh, and the ugly.
Apple earnings, Meta earnings, Alphabet Earnings, and Take-Two Interactive.
Plus:
-How should you interpret the recent comments by Fed Chair Powell
-There has been a big spike in call options activity
-AND IT'S EPISODE # 100!!!

GE and GE Healthcare Earnings and the Upcoming Jobs Report
What are we looking for in the upcoming jobs report? How did GE Healthcare fare in it's first standalone quarterly report? Is the GE turnaround still on track? Also, Samsung just reported a MASSIVE drop in profits.
This is episode number 99!

Earnings Reviews, Netflix, P&G, Morgan Stanley, and More
We review the earnings results for Netflix, Morgan Stanley, P&G, Kinder Morgan and PNC Bank.
Dave talks about an activist investor trying to break up Bayer
More natural gas troubles for Europe???

Earnings Season!
- We breakdown what we've heard from the banks so far.
- It's a short trading week, but packed full of earnings. We breakdown what we're looking for with P&G, JB Logistics, Morgan Stanley, PNC Bank, Kinder Morgan, and Netflix.
- The Apple card so far has, according to rumors, been posting huge losses.
- 61% of economists surveyed by The Wall Street Journal believe we will have a recession this year

WWE For Sale? What To Do With DraftKings And GE Healthcare Spins Off
This week we discuss the potential sale of WWE
Was this week's rally justified?
The spinoff of GE Healthcare happened this week
As more states legalize sports book betting, is DraftKings a buy?
Dave discusses what to look out for this week

Our Year End Episode
-Dave and Brandon dive into their winners and losers for this year while looking forward to the coming year.
-Also, we discuss Take-Two Interactive's finances and the future of gaming.

The One Advantage You, A Retail Investor, Have Over Money Managers
Is 2023 going to be clear skies for airlines?
There's one advantage that retail investors have over the "whales", but most unknowingly give it away
Cyclical vs non-cyclical for 2023
What's on our watchlists for the coming year?
Dave talks about Tesla and we give our thoughts on the automotive industry

How To Increase Your Investments 100-Fold Over the Course of Time
Dave dives into CrowdStrike
Brandon reviews "100 To 1 in the Stock Market" by Thomas W. Phelps
We discuss what to do with Tesla.
Dave has a crypto currency warning that every crypto investor needs to hear.

Making Sense of the Economic Landscape and The State of the Stock Market
-We have a bifurcated economy and the rallies and wrecks can make your head spin. We make sense of it while taking a look into the job numbers and Kroeger’s earnings.
-United Airlines deal with Boeing
-Dave’s trades on KULR, Blink and Tesla

Disney: Return of the Jedi CEO
<li>Bob Iger is back at Disney, what does he have left to prove?</li>
<li>China Covid lockdowns are returning, how does this effect Apple?</li>
<li>Google's chances at gaining market share with their new phone</li>
<li>Black Friday numbers so far look underwhelming </li>
<li>With a changing interest rate landscape, Brandon and Dave give their outlooks for the rest of the year and next year. </li>
</ul>

Stocks: Tesla, Target, and Walmart
Dave gives his call on Tesla and we discuss the recent recalls. Then we dive into Target and Walmart's earnings and what they mean for the state of the consumer.

Too Close To Call! FTX's meltdown, Disney's Earnings, and More
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.

Stocks: FOMC Meeting Results
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??????!

Stocks: The Fall of the Red Wall?
-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.

Stocks: Netflix's Earnings, Housing Data, And Accenture
-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.

Stocks: Dave and Brandon Dive into Semiconductors, Meta, And Boeing
-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"?

Stocks: A Potential Financial Contagion
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 Strategy Left Funds Vulnerable to Rate Increases - WSJ

Stocks: Nordstrom Tries to Fend Off a Potential Hostile Takeover, Is Ford Now A Buy?
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.
Disney plans on combining Hulu and Disney +.
Nordstrom is fighting off a potential hostile takeover from El Puerto de Liverpool SAB. What this means for shareholders and why Brandon says stay away for now.
As mentioned on the show: check here for a list of inverse bond etfs: Inverse Bond ETF List (etfdb.com)
and Inverse Bond ETFs: The Best 3 in Rising Interest Rate Environment Post-Pandemic - ETFHead

Stocks: PPI, CPI, What Now? Plus, What Does The Potential Railroad Strike Mean For The Market?
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 National Carriers Conference Commitee and two labor unions have failed to reach a deal. This could bottle neck supply chains for containers, oil, hazardous waste, and even water treatment chemicals such as chlorine.

Stocks: What Does The Short and Medium Term Future Have In Stock For Oil
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 now Elon Musk has brought Starlink into the fray.
Tickers mentioned in this episode: $GSAT, $XLE, $SLB, $XOM, $COP, $CRWD

Stocks: With The Stock Market Looking Gloomy, Dave Gives You a Sector To Buy
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 made as a result.
Tickers mentioned this episode: $PARAA, $PARA, $OXY, $DIS, $NVDA

Stocks: Dollar General, Three Recent Warren Buffett Picks, and NVIDIA
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, $DLTR