Buffett says the only day he’s not buying this stock is “when it’s climbing”

Good morning! 👋

The Fed continues to dial up its inflation rhetoric, and the markets are split as a result.

Here’s my playbook.

0DTE options are jamming YOUR profit potential

I’ve been railing on this all year.

0DTE (Zero Days to Expiration) options are an abomination.

Wall Street, of course, loves ‘em because they can use 0DTE options against you, jam prices, and manipulate markets.

Join me later today as I break this down with my friend, the one and only super-savvy Charles Payne on FOX Business at 2pm EST.

WMT just proved why big-box retailers may be THE stocks to own

CNBC reports that Walmart raised full-year guidance as grocery and online growth boost sales. (Read)

I spoke about this Monday on Varney & Co (Watch) and again yesterday on Mornings with Maria. (Watch) It would be THE company to watch all week, I said.

I actually prefer another big-box retailer, but that’s moot.

The takeaway this earnings season is that you better think seriously about owning at least one big-box retailer (if you don’t already) because consumers are still stretched, which means a) plenty of profits ahead, along with b) built-in inflation and recession resistance.

I’ve got a few ideas. Upgrade to Paid

This may be your last warning if you own drugstore stocks

It’s the same every time a new contender comes to town.

Silent-movie makers resisted talkies.

Traditional retailers resisted selling online for years.

Old-line carmakers have resisted EVs for decades.

Now, not surprisingly, “Big Health” is resisting Mark Cuban’s Cost Plus and Amazon’s budget buster too. In fact, Blue Shield of California is only the 2nd major non-profit health insurer to sign since January 2022. (Read)

I’ve warned investors for years that this was coming. Since 2018, in fact. Anybody who owns stocks like Walgreens and CVS is at risk. The former has dropped -59.72% over the past 5 years while the latter has declined just -1.30% over the same time frame, according to Yahoo! Finance.

Shares of both are down (again) in the early going.

This is your last warning…

Putskies, short, or simply avoid.

I’m with Buffett on Apple

This is another big needle mover.

Apple iPhone production is now reportedly underway in India. (Read)

Game on.

Any Apple selloff is an opportunity, and one we’ve been talking about for some time now.

I’m with Buffett, who famously quipped that the only day he’s “not buying Apple is on days where it’s climbing.”

UBS says oil at $91 by year-end

I think their estimate is low.

Higher oil prices are not a matter of “if” but “when.”

• Saudis are manipulating supply to lower output
• Demand is rising
• Traders are nervous
• Inventories are low

Goldman Sachs, BTW, is at $93 a barrel, so the wagons are circling.

Bottom Line

Many people hesitate to make decisions when it comes to their money.

That’s a mistake.

You don’t need anybody’s permission to change your life, especially when it comes to investing.

So what the fruitloops are you waiting for??!!

As always, let’s MAKE it a great day!

Keith 😊