David Trainer gives is thoughts on the exaggerated moves in stocks based on retail social sentiment. He suggests investors are looking for stocks that have more meaningful fundamentals, and good old fashioned diversification is a sensible strategy in this environment. David also discusses the importance of having a small sliver of a portfolio allocation in precious metals for diversification and inflation risks. He talks about the scalable production capabilities of GM, but that the price still does not reflect the profit potential. Other value names on his conviction list include TGT and JPM.