The UNTHINKABLE is about to happen to stocks (Get Ready)
Summary
Chris begins by expressing gratitude to his audience for their support and humility, emphasizing his commitment to their shared financial journey. He then outlines his core investment philosophy: buying on 'red days' or during market downturns, when 'blood is in the streets,' to secure future gains. He stresses the importance of patience, especially given current market conditions like the 'Iran wars,' asserting that recovery will inevitably follow. Chris advises investors to practice proper investment behavior, including dollar-cost averaging and using the Fear & Greed Index to identify buying opportunities (specifically when it indicates extreme fear).
He warns against market manipulation by a 'trick, trap, and frustrate crew,' urging investors to anticipate volatility and avoid expecting linear growth. His strategy includes setting clear profit-taking targets at 20%, 40%, 60%, and 100% gains to avoid greed and ensure sustainable trading. A key market indicator Chris monitors is the VIX, expecting stocks to 'rocket' once it drops below 18. Chris concludes by promoting his Discord community, Patreon, and 'Money Team' for more in-depth guidance, and expresses his desire for personal connection with his audience through events like the Dallas Wealth Summit.
Here are the specific stocks Chris mentioned:
Mentioned Stocks
Reasoning: Chris labels Amazon as another 'banger' and a promising stock, currently at $238.40 after a 13.5% increase. He advises viewers to look for a 'healthy pullback' to the $230-$225 range as an optimal entry point, anticipating further upside potential. He notes its recent climb from around $200-$210. He says, "You want a healthy pullback, maybe the 230, 225, so we can go higher."
Reasoning: Chris views Nvidia as a strong play, highlighting a recent 6.5% gain and a favorable technical 'breakout' on the charts. He has a price target of $250, indicating significant upside from its current $188, and advises buying on red days for long-term recovery and growth. He states, "Coach still has a $250 price target on it, so I don't care where you get this at. It ain't $230 yet. So you have a huge upside."
Reasoning: Chris recommends the SPY as a key market indicator and investment, noting it recaptured '680' and was up over 4% last week. He advocates buying when the Fear & Greed Index shows 'extreme fear' and advises patience for options traders. He also highlights the VIX dropping below 18 as a strong signal for stocks to 'rocket.' He states, "I need you to know when it's extreme fear, you buy." and "We want to get the VIX back under 18. That lets us know that's our sign that the stocks are about to rocket."
Reasoning: Chris identifies Google (Alphabet) as a past 'winner' and a top play, noting its current price of $317.48 and a recent 7.5% gain. He personally acquired it at $98, effectively doubling his investment. His reasoning is to invest in familiar, widely used products like Google, YouTube, and Gmail, which he sees as valuable assets. He states, "Your winners are going to consistently be winners unless something drastically change." and "Always invest in things that you use, familiar with, know, like, and love."