Market Crash: The Financial Stocks I'd Buy Without Losing Sleep
Key takeaways
- BRK-B SPCX CB V Wall Street cycles between bull markets and bear markets.
- Although there are positive developments today, such as the Space X (NASDAQ: SPCX) IPO and the agreement in the Middle East, the swift market decline on June 10 highlights the downside risk.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
BRK-B SPCX CB V Wall Street cycles between bull markets and bear markets. While bear markets can be emotionally difficult to deal with and financially painful, they are just a fact of life for investors. And they can be an opportunity to add high-quality, long-term holdings, as investors often throw the baby out with the bathwater during bear markets.
Although there are positive developments today, such as the Space X (NASDAQ: SPCX) IPO and the agreement in the Middle East, the swift market decline on June 10 highlights the downside risk. When investors adopt a risk-off attitude, markets could quickly crater. And you should have a wish list prepared just in case, perhaps including financial companies such as Chubb (NYSE: CB), Visa (NYSE: V), and Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB). Here s why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »