The Economy Just Sent a New Warning (Here’s What I’m Doing Now)

Chris Sain•Jul 8, 2026

Summary

Chris maintains a bullish outlook on the overall market, describing recent dips as a setup for investors to acquire positions at a discount. Chris highlights that the economy is going through a phase where memory stocks and leaders are taking a "breather," which Chris views as a healthy development for long-term growth. Chris advises staying consistent and using a structured portfolio approach to navigate upcoming catalysts like the midterm elections and geopolitical uncertainty.

Chris recommends a core portfolio structure consisting of broad market ETFs (VOO, VTI, or SPY), tech/semiconductors (SMH or QQQ), and quality dividends (SCHD). Chris also highlights specific opportunities in individual stocks:

Intel (INTC): Chris identifies a long-term price target of $200 for the stock. Chris notes that the price has recently pulled back from $140 toward $110, and Chris suggests that any drop to the $100 or $92 range represents an excellent entry point for investors.

Micron (MU): Chris views the recent decline in Micron as a prime opportunity for those who missed the previous rally. Chris encourages buying the dip now that the stock has retreated from its recent highs, emphasizing its status as a top performer in the first half of the year.

Reddit (RDDT): Chris highlights Reddit as a successful play that has already seen significant gains from its earlier entry levels. Chris uses this ticker to demonstrate that there is always a bull market to be found if investors are positioned correctly and remain in alignment with market trends.

SMH (Semiconductor ETF): Chris strongly recommends SMH as a core portfolio component, especially while semiconductors are currently trading at a discount. Chris believes this ETF provides essential exposure to a sector that Chris expects to continue leading the market higher.