The Mike Alkin Show: Talking Stocks Over A Beer

Everyone loves a good story… but the problem with buying a story is the facts sometimes get in the way. Today I talk about why numbers matter… and the ones to pay attention to. U.S. midterm elections are tomorrow. The results could lead to market fireworks —or not…   If you weren’t prepared for last month’s market bloodbath, it’s time to start learning what to look for... and how to position yourself going forward. Preparation matters—a lot. I also get into nuclear power and break down some figures for you… And the Islanders are in first place! Who cares if the season just started?

I’m coming to you from the Nuclear Energy Institute's Fuel Conference (NEI) in Boston. Today I’ll share a sample of my presentation, The Uranium Cycle Has Turned While Hiding in Plain Sight. And you know, it’s a funny thing about the market—it doesn’t care what you’ve done… only what you’re going to do. GDP growth is strong… third-quarter earnings are coming in +22%... but the market is getting smoked. It’s pricing in the potential negative implications from Chinese tariffs, rising interest rates, rising input costs, difficulty raising prices, and a strong dollar… So how are professional allocators thinking about the market uncertainty? My guest, former NFL linebacker-turned-businessman Chad Cascadden, talks to them regularly… and shares his take.  

Asymmetry in stocks exists where most aren’t looking…   And the value one finds on the trash heap can be quite exceptional. No one subscribes to this view more than my guest today, Chris MacIntosh, founder and editor of Capitalist Exploits…   It’s exactly how I think, too. Chris scours the market’s discard pile looking for deep value—and he shares some insight for those of you who’d like to try it yourselves. It’s a hard job… Most of what’s in the pile actually belongs there. But oh, man, when you find a buried treasure… the returns can be spectacular.

We’re now in earnings season, which always brings its share of surprises… If that weren’t enough, it’s a hairy geopolitical landscape out there… There’s the U.S. tiff with China—and I’m not talking about tariffs. There’s also the drama unfolding in Saudi Arabia. These and other world events can have big implications for your portfolio. So on today’s show, we’ll talk about why it’s critical to look beyond the obvious… and how to position your investments for hidden dangers. Topics discussed: The Jets: could winning football be back in NY? Drew Brees (the real GOAT) China… there’s a lot more than a trade war going on Saudi Arabia: problems brewing in the Kingdom over missing journalist Earnings… what I’m paying attention to this week

The subject of nuclear power can stir up quite a bit of emotion... and the same goes for its feedstock, uranium. Some investors love it. Some investors hate it. But Australian uranium developer Vimy Resources fully intends to play a role in the future of nuclear power… My guest today is Vimy CEO Mike Young. Join us for an on-point discussion about what’s in store for the macro uranium market.   Topics discussed: Complications in the uranium market Understanding spot pricing Supply and demand dynamics Mulga Rock (Vimy’s project in Australia)

The bears love him… The bulls can’t stand him… But regardless of what side you’re on… it’s always worth listening to Mark Spiegel’s latest views on Tesla. Mark is the founder of Stanphyl Capital hedge fund—known for his exhaustive analyses on both the long and short side. And he’s an outspoken critic of Tesla. Today, Mark shares his views on Elon Musk’s SEC settlement, Tesla’s just-announced third-quarter production and delivery numbers, and what’s not included in the release. Topics discussed: Musk settles… So what? Production numbers—It’s the demand, stupid An onslaught of competition The bull case… is there one?

In the world of distressed investing, blood in the streets often spells opportunity… This is a potentially lucrative—though often misunderstood—corner of the markets. My guest today is Neil Weiner, founder and chief investment officer of Foxhill Capital Management. Neil manages a hedge fund focused on sniffing out opportunities in the world of bonds, credit, and equities that most investors ignore. He gets his cues away from the noise of Main Street… Join me to learn how he does it.

When markets are opaque and underfollowed… misinformation occurs. When those same markets have been in a bear market for years… any changes that might be brewing beneath the surface often get overlooked—if not completely ignored. This is what’s happening in the uranium market right now. My guest is Rob Chang, board member of UR Energy & Fission Uranium—two high profile uranium companies. Today we dig into the fundamentals that could lead to rising uranium prices… and big gains in uranium miner equities. It’s a perfect setup for this necessary and ridiculously cheap commodity. Note: After working as a uranium analyst for 13 years, Rob recently took the role of CFO at Riot Blockchain. Today he and I briefly discuss blockchain and why he’s so impressed with distributed ledger technology. If you’re interested in blockchain, cryptocurrencies, and the best assets to buy now… click here to learn more about Crypto Intelligence—a new service here at Curzio Research.

The markets move around based on a lot more than what’s happening in our own backyard. Geopolitics… and country-specific attitudes and policies… shape what happens in the investing world. Specifically, these factors shape what’s in your portfolio. And no one knows that better than today’s guest, former proprietary trader and hedge fund manager Steve Koomar. Steve is publisher and editor of Vigilante Investor… He’s also a geo-political junkie. Join us today for a deep discussion outlining some key geopolitical items you should be thinking about right now.

Subtlety matters a lot in investing. Knowing what to look for—and learning how to spot it—can help you strategically position your portfolio for market changes. Frank Curzio, CEO of Curzio Research, joins me today to talk about the changes he’s seeing in the market… changes that are leading him to take a more cautious investment stance. And let me tell you... it’s been a while since he’s felt this way. Frank shares the cues he’s taking from the most recent earnings season… and he highlights what this could mean for your portfolio. Topics discussed The latest earnings season and what the numbers indicate A strong dollar’s impact on companies’ bottom lines Inflation… finally! Portfolio positioning for a potential downturn How to navigate the frontier market of cryptocurrencies  

My guest today is Bill Fleckenstein, founder of Fleckenstein Capital. Bill closed his short fund in 2009… near the bottom of the roaring bull market. He seemed to be following the market wisdom of one of my former bosses, the legendary Marty Zweig. Marty famously said, “Don’t fight the Fed,” in reference to the Federal Reserve’s stance on the direction of short-term interest rates… But this bear hasn’t been in hibernation. Since 2009, Bill has been following closely—and opining daily on—the meteoric rise of central bank-fueled asset prices… And he thinks the market is due for a correction.

My guest today is Amir Adnani, founder and CEO of Uranium Energy Corp. The price of uranium has been in the doghouse for the past seven years, falling from a high of $137 per pound in 2007 to around $25 today.  Supply cuts by uranium miners are beginning to take hold… starving the market of the uranium it will need to fuel nuclear reactors… And market participants are just waking up to the possibility of a looming supply deficit. Not only are supply cuts beginning to have an impact―it could take years for any significant new mine production needed to fill the gap to come online. Some could be seven years or longer... It’s an excellent time to start exploring the sector.  

Commodities had been gaining traction again… finally… But just when it looked like it was safe to dip your toes back into the commodity complex… world events and trade war tensions have sent prices sliding. My guest today is commodity watcher Peter Sainsbury at Materials-Risk.com, where you can find commodity market insights across the supply chain. Trust me, you’ll want to hear what Peter has to say about commodities and managing risk right now.

On Talking Stocks Over a Beer, we love to talk about the most hated stocks and sectors on the planet. Anyone can make much ado about industries that are doing well. But what's the point? The market knows all about them... and the stock prices reflect the market’s optimism. Real opportunities exist in the market’s underbelly—the place where few care to look. The industries that have been left for dead. It’s where changes are occurring beneath the surface—the kind of seismic shifts that can set you up for massive returns. Today, that opportunity is uranium. There's no commodity more hated. And for patient investors, it's the best risk/reward setup I’ve ever seen. Joining me today is Jeff Klenda, CEO of UR Energy. Jeff is a uranium industry veteran and one of the two CEOs behind the Section 232 petition asking for a reduction in the amount of uranium imported to the U.S. (among other things). If you're one of the rare investors who doesn't need immediate gratification (a quality many of the world's great investo

Some things seem to make so much sense… until you take a closer look under the hood... And then they make no sense at all. Take Tesla, the electric vehicle (EV) car company, for example. Tesla’s outspoken CEO Elon Musk has mesmerized throngs of followers… and scores of shareholders… with his vision for the car of the future. After all, Tesla was years ahead of any real competition―and on a path to dominate the EV market. But Musk’s plan was to build the Tesla brand with sales of high-end luxury EVs... and use those profits to build a “holy grail” mass-market EV. Now—after countless delays—that mass-market vehicle has finally arrived. Tesla is ramping up production... and bulls are foaming at the mouth to prove the wait was well worth it. My guest today is Stanphyl Capital Founder Mark B. Spiegel… a hedge fund manager known for his exhaustive analyses on both the long and short side. Listen to find out why Mark thinks the Tesla bulls have lost their minds.

I can’t help myself... When something offers such an attractive risk/reward setup, I’m compelled to keep discussing it. It’s taken seven long years for the glut of uranium to correct itself... And sentiment in this sector is now changing―for the better. Today, I welcome back industry veteran Scott Melbye. He’s the executive vice president at Uranium Energy Corp., and we share our takeaways from the National Fuel Marketing Association meeting a couple of weeks ago. Melbye and I cover several critical topics, including the truth about uranium inventories… Kazakhstan’s production targets and costs… and what Section 232 tariffs mean for U.S. miners. As the uranium market heats up, the returns could be extraordinary. This is a segment uranium investors won’t want to miss...    

A new debt bubble has quietly formed over the last decade. And just like the last one... when it pops, investors will be taken by complete surprise. But they shouldn’t be. The facts have been hiding in plain sight. You just need to know where to look. Instead of getting blown up and left holding the bag along with other stock owners, turn your attention to the cheapest asset class on the planet: commodities. Today, I walk you through the treacherous world of corporate debt and bond ETFs. Then, Jamie Keech, a veteran mining engineer and the co-writer of the Resource Insider newsletter, joins me to discuss the screaming values he sees across the commodity complex. A new debt crisis is looming… Learn today how to avoid becoming its victim.

I’m OK with being an old-time value investor and short-seller. And I know I can’t expect to stay on top of all the latest game-changing technologies. So there comes a point where I’m forced to address my shortcomings without shame. Such is the case with blockchain and cryptocurrencies. Today I welcome back Barry Cohen, a former hedge fund partner of mine and editor of the newly launched Curzio’s Crypto Intelligence. For folks like me, Barry lifts the fog on what we need to know in this dynamic new asset class and evolving technology... He’s the expert we need in these exciting times. I’ll talk to Barry about: Hedge fund basics Cryptocurrency speculation versus value creation Potential landmines to avoid ICOs: the good, the bad, and the ugly Utility tokens And the new new thing: security tokens Let’s demystify the crypto landscape together. Note: By now, you’ve likely heard about Curzio’s first-ever cryptocurrency service: Crypto Intelligence. Until midnight tomorrow, charter members will receive a free bonu

Sometimes you talk to someone who makes so much sense it’s scary. Today’s guest, Mark Yusko, is one of those people. Mark is Chief Investment Officer at Morgan Creek Capital Management. He shares invaluable insights on how to think about asset classes... and how you should be positioned for the next several years.   He also dives into the most exciting investment opportunity he’s ever seen in his long and storied career… cryptocurrencies and the blockchain.   P.S. Last week, newest Curzio analyst and crypto guru Barry Cohen launched a FREE crypto training course.  And it’s not too late to catch up on what you’ve missed. To access the course—and learn how to invest in one of the biggest opportunities of our lifetime—go here.

In the world of investing, “complacency” should be a four letter word... But it’s all too common. And it can sow seeds of contagion that reverberate throughout global markets. This is no time for a false sense of security. A growing Italian faction wants out of the EU. This would wreak havoc upon their banking system… with a global domino effect. Today, I’m joined by former hedge fund financial services analyst and Curzio Research newsletter editor, Barry Cohen, to discuss how the political turmoil and rise of populism in Italy could have far-reaching implications for the financial sector. We also examine the recent loosening of Dodd-Frank—and how this will impact the markets. Lastly, Barry offers tips on cryptocurrencies... and what you need to know before you even think about investing in this controversial sector.