Is The Crash Over? 4 Stocks I'm Buying Next

About this video

• Video Title: Is The Crash Over? 4 Stocks I'm Buying Next
• Channel: Couch Investor
• Speakers: Not specified in the transcript
• Duration: 19:43

Overview

This video discusses the recent market downturn, the performance of the speaker's portfolio compared to the S&P 500, and upcoming market events like earnings reports and potential government shutdown resolutions. The speaker also reviews their options and stock positions, including selling United Health to reallocate funds to other "stories" they find more compelling. They analyze historical market data after periods of positive growth and government shutdowns, and touch upon the probability of a December interest rate cut.

Key takeaways

• Market Performance: The speaker's portfolio was down 7.3% in the past week, underperforming the S&P 500's 1.81% drop. However, year-to-date, the portfolio is up 60.87% compared to the S&P 500's 14.48%.
• Upcoming Events: The video highlights a busy earnings week with key reports from companies like Pagaya, MongoDB, Cisco, Walt Disney, and Applied Materials. It also touches upon potential resolutions to a government shutdown and its market implications.
• Options Strategy: The speaker discusses their positions in PayPal and Pagaya call options, noting the time sensitivity of options and their potential to be both a friend and an enemy. They are considering rolling over or cutting losses on some options if market conditions or timelines aren't favorable.
• Portfolio Adjustments: United Health was sold not due to bearishness, but to reallocate capital to other "stories" the speaker believes are more attractive at current prices, following a principle learned from Peter Lynch.
• Buying Opportunities: Despite market volatility, the speaker sees attractive prices for several stocks and plans to deploy cash after key earnings reports from companies like MongoDB, Rocket Lab, and DLocal.