The Mike Alkin Show: Talking Stocks Over A Beer

You may not think what’s going on in the rest of the world matters to your portfolio… but it does. And insular thinking is an Achilles heel for many investors…   My guest today is Angel Martin Oro, editor of Spanish investing website inBestia.com [10:13]. Pull up a stool as Angel shares his knowledge of the Spanish economy, the professional investor landscape, and his views on investing opportunities within his own country—and beyond.

I’ve talked before about the role geopolitics should play in your investing framework. It’s absolutely critical that we pay attention to the world around us. For example… Right now, investors should have their eye on the high stakes poker game between Russia and Venezuela. Is the U.S. prepared to ante up?   My guest today is Tim Rotolo, founder and CEO of Lloyd Harbor Capital Management [29:24]. Tim sheds light on what institutional capital allocators look for in an investment—and how these money flows drive markets.  And… the yield curve inverted last week. If you don’t know what that means for your portfolio… I’ll tell you. --------- Editor’s note: You might've heard Mike mention his Moneyflow Trader investment advisory on the show. These aren't first-level, obvious ideas... Mike dives deep and zooms in on what the “experts” are missing… giving members fantastic risk/reward setups. To learn more about Moneyflow Trader—and how to gain access to Mike’s latest picks—click here.

Elon Musk is the much ballyhooed would-be-savior of the planet. He’s created a cult-like following through his efforts to bring electric vehicles to the masses. These Teslemmings would walk to the ends of the earth for him… Good thing the Earth isn’t flat. If it were, they’d be heading right over a cliff. Today, professional investor Ed McCabe joins me in dissecting some of the challenges Tesla and Musk face right now. Supply… Demand… Financial… Legal… It isn’t pretty.

This is the best risk/reward setup I’ve ever seen in my investing career…  And nothing is a close second. Technical factors involving geopolitics and an ETF rebalancing have masked dramatically improved fundamentals in the uranium and nuclear power industries… And the market is asleep at the switch. That means you can still get up to speed and prepare for the uranium bull market. My guests today are Bannerman Resources CEO Brandon Munro and 50-year nuclear engineering veteran Malcolm Rawlingson. Join us as we dissect nuclear power demand… primary and secondary supply… enrichment/underfeeding… and the role China and Russia play in the nuclear fuel cycle.

My guest today is former chief audit executive, Brent Brickman. Brent takes us on a behind-the-scenes risk management journey… Companies put out financial statements... and investors take them as gospel. If it were only that simple...   Those pages are made up of the moving parts of a company. A proper reporting of them requires sound internal controls. Enter the internal auditor. If you haven’t given much consideration to the role of an internal auditor before, today you’ll learn just how critical they are for a company to run well—and their role in helping create reliable financial statements. Brent explains what a company needs to efficiently and legally run its business—and the damage improper or weak controls can do to stakeholders.  

Just as art imitates life… football imitates leadership and investing. Even if you’ve never played the game… even if you’re not a fan… there are valuable lessons to be learned. Today’s guest is Angus Reid, 13-year Canadian Football League (CFL) pro and two-time Grey Cup champion [21:33]. He’s also the author of Thank You Coach, which details the lessons he learned playing for mentor and coach, Dan Dorazio. Checklists… preparation… learning in reverse… staying calm under pressure… These are just a few of the topics we explore to help you become a better leader... and investor.

Management teams tell the story they want you to know… not the one you need to know. Sometimes they’re one and the same. Other times… not so much. It can be tricky to know what stories to believe… and which ones don’t add up. After all, they all sound good. Wall Street is chock full of rosy projections and eternal optimists, but my guest today is a professional skeptic: Robert MacArthur of Alternative Research [30:50]. Rob is also a professional short seller with three decades of experience. Pull up a stool as he shares some insights on sorting the winners from the losers.

Nuclear power has had a bad rap for 50 years… Talk about believing myth over reality. My guest today is world renowned nuclear advocate Michael Shellenberger [10:46]. For years Michael campaigned against nuclear power, espousing the virtues of renewables like wind and solar…   But then—after much study and a hard look at the facts—he changed his mind. And the rest is history. Listen and learn from the world’s foremost speaker on nuclear power. Click below to listen.

I’ve got a special treat for you this Valentine’s Day… In the uranium and nuclear power world, all eyes are on the outcome of Section 232. The recommendation to the president by the U.S. Department of Commerce is expected by mid-April… and could have broad implications for the industry. Today I’m talking with Jeff Klenda, CEO of UR-Energy—one of the two petitioning uranium mining companies. Jeff is his usual refreshing and unfiltered self as he shares an insider’s overview and perspective of 232.

In the late 19th century, accountants wore green eye shades. Their attention to detail was so acute… and the shades lessened eye strain against candles and early incandescent lights. But today’s government bean counters shouldn’t trouble themselves with details while reviewing a copy of the Green New Deal, the proposed environmental legislation co-authored by NY congresswoman Alexandria Ocasio-Cortez. I mean, why let details like how to pay for it get in the way? The socialist left doesn’t seem to. On today’s show I tell you exactly what this plan calls for—and exactly what I think of it. Oh, how the Democratic Party has changed since I was a kid. Speaking of change, today’s guest is none other than Frank Curzio himself [25:19]. Frank is looking to change the newsletter business. Today he shares why this industry needs fixing... what he’s doing about it… and how you can invest in it.

I’m a fundamental analyst. Numbers speak to me. But that’s just one way to invest. Sometimes the numbers don’t tell the whole story… That’s when pictures help. My guest today is David Keller, former chief technical strategist for Fidelity Investments and founder of Sierra Alpha Research. David has charted the price movements of thousands of stocks over his career.  For him, stock charts are a window into the behavior of the crowd. More than just an historical representation of where a stock has come from… a chart gives off signals about where a stock could be headed. Join us [33:14] as we talk behavioral finance and how investor emotions work their way into stock prices.

Geopolitics aren’t just for news junkies or history buffs. Investors must take a global view. Russia is less oil-dependent… China is returning to its long-term strategic thinking… and the Brits are struggling with Brexit… In a vacuum—and without the proper mental framework—none of this might seem to matter for your portfolio. But I want to share some insights with you today that may change your perspective. Speaking of frameworks… Natural resource investing can be incredibly profitable… or an unmitigated disaster. Today I welcome back mining engineer and venture capitalist Jamie Keech of Resource Insider, who walks us through his insightful approach to resource investing. A framework for analyzing these stocks is critical… And today’s show is a must-listen for any resource investor.

I’ve just left the Vancouver Resource Investment Conference (VRIC) and am making my way back home. On today’s podcast I give a recap of the event and share my reactions to the speakers… I also break down how to protect yourself from the inevitable noise that comes any time a group of “experts” get together. But forgive me if I sound a bit cranky… You see, every year the terrific hosts invite me to speak at their fantastic conference… on Championship Sunday. Four NFL teams, two epic games to determine this year’s Super Bowl matchup, and I missed every second of it. Not to sound ungrateful… but would the Canadians schedule a conference during Game 7 of the Stanley Cup?

Uranium fundamentals have been improving dramatically for over a year… kind of like my New York Islanders.   The Islanders have improved markedly—their defense has gone from the bottom of the league to near the top.   And with uranium, we’re about to witness a quantum leap that will make investors finally take note.   Last month, fellow uranium fund manager Arthur Hyde from Segra Capital and I talked about mispricings in the uranium industry.   Join us this week for part two of our talk about this potentially explosive market.

Happy New Year! Before we took a break for the holidays, I interviewed my buddy Arthur Hyde, a uranium hedge fund manager at Segra Capital, and promised that it was part one of a two-part series. You can listen to the first episode here, where he and I begin our deep dive into the world of uranium and the fundamental drivers behind the market. Unfortunately, Art is down with the flu today… but I’ll have part two for you next week. In the meantime, I revisited some lessons I’ve learned in my first year as a podcast host. (If you’re a regular listener… and especially if you subscribe to my Moneyflow Trader investment advisory… you know I always take learnings and try to improve upon them.) On today’s show I talk about the importance of having an investing framework… what mine is… and the critical role geopolitics play in it. Don’t think I let you off the monologue hook… I share my predictions on the upcoming NFL playoffs—as well as tonight’s national championship college football battle between Clemson and

Rarely do you see a decoupling of industry fundamentals from stock prices—but we're seeing it in the world of uranium right now. Massive supply deficits will require a significant rise in the price of the underlying commodity to incentivize new production required to meet growing nuclear power demand… But the aftereffects of a seven-year-long bear market in uranium are lingering as the overall equity markets get hit. And although positive newsflow for the uranium industry keeps coming… Stock prices haven’t caught up. My guest today is fellow uranium hedge fund manager—and my buddy—Arthur Hyde of Segra Capital Management. Grab your beverage of choice and join Art and me for part one of a two-part interview—as we dive deep into the world of uranium and the fundamental drivers behind the market. And bring a pen… You’ll want to take lots of notes.

The show must go on… Unless you fall off a 10-foot ladder while hanging Christmas lights. And then get the flu. Yep, I had the double whammy last week. But a good thing about being laid up in bed is I had plenty of quiet time to think. (See… I’m not always a contrarian!) Market volatility is high—and it’s coming from many different fronts: slowing growth fears… trade wars… escalating Brexit uncertainty… growing unrest in France… just to name a few. The first step to easing uncertainty in a volatile market is to become intimately familiar with your own portfolio...   I also knew there must be something of value that’s being overlooked amid the chaos. And sure enough, I found one sector that’s worthy of more investigation.  

Investing in out-of-favor stocks can give you a big rebel thrill… and you don’t even have to hop on a Harley… Blown up… left for dead… on the trash pile… you name it… Abandoned stocks are worth a look. If you can find asymmetry in the risk/reward, the wait can be well worth it. But making a contrarian trade just for the sake of doing so can be about as hazardous as a fast bike…   Doing so when you have math—and patience—on your side can be a quite lucrative adventure. My guest today is Andrew Weekly, senior analyst and editor of SmithWeekly International. Join us to learn some of his favorite ideas… and his methodology to find value. (Leather jacket optional.)

My guest today has been in the nuclear power industry for 30 years. She’s forgotten more about nuclear than most people will ever know. Andrea Jennetta is publisher of Fuel Cycle Week. Over the last couple of years our views on the uranium cycle have diverged. But we finally had a chance to meet face to face at the Nuclear Energy Institute conference in Boston earlier this month… Today we pick up on that conversation. And discover just how much you can learn from two different approaches to a market...

Jacob leegard went from professional poker player to full-time deep-value contrarian investor. It’s not such a stretch… The contrarian approach requires a great deal of patience and risk/reward assessment… And when you’re buying what everyone else is ignoring, you can only play your best hand… That means knowing how to spot the greatest opportunities for high profits with limited downside. Join us today as we talk about the market’s trash pile—and the joys of scavenging through it. By the way… I’m throwing in the towel on my NY Jets. I’m not that much of a masochist.