The Market is about to GO INSANE‼️

Jeremy Lefebvre Makes Money•Sep 30, 2026

Summary

Jeremy provides a comprehensive outlook for the stock market as it enters October, referencing historical NASDAQ performance to show that this period often offers exceptional buying opportunities. Jeremy emphasizes that the most attractive risk-reward profiles currently exist in stocks with market caps between $3 billion and $20 billion, rather than mega-cap companies. Jeremy notes that Jeremy recently purchased four stocks that were trading at multi-year lows, reinforcing a strategy focused on discounted growth.

Regarding the broader economic climate, Jeremy discusses Ed Yardeni's views on bond yields, concluding that yields are tied to oil prices; until oil cools, inflation fears will keep yields high. Jeremy also critiques the current AI industry narrative, specifically regarding companies like Anthropic. Jeremy views the warnings about the existential risks of AI as 'scare tactics' designed to build hype and secure massive valuations for public offerings. Jeremy highlights that while leaders like Jensen Huang of Nvidia benefit from this excitement, much of it is a strategic game to raise capital.

Jeremy focuses heavily on AMD's recent strategic moves:

AMD (Advanced Micro Devices): Jeremy is highly optimistic about AMD's acquisition of World Labs and the appointment of Dr. Fei-Fei Li as Chief Scientist. Jeremy believes this move positions AMD to lead the 'next battle' in AI, which Jeremy identifies as spatial and physical intelligence for robotics. Jeremy appreciates the stock-based deal structure, which Jeremy argues aligns the financial interests of the new talent with the company's long-term success, leading Jeremy to reconsider selling any existing AMD shares.

Nvidia (NVDA): Jeremy identifies Nvidia as the primary beneficiary of the current AI hype cycle. However, Jeremy expresses skepticism toward the industry's rhetoric about 'super intelligence,' suggesting it is a PR maneuver to maintain high valuations and regulatory control. Jeremy suggests that while Nvidia's chips are powerful, the surrounding 'doomer' talk is largely a tool for market positioning.

Small & Mid-Cap Stocks: Jeremy asserts that companies in the $3 billion to $20 billion range offer the best upside for the next three years. Jeremy states that many of these companies are 'insanely discounted' and represent better opportunities than the $100 billion+ market cap leaders. Jeremy argues that moves in the broader NASDAQ index will result in even larger gains for these specific individual stocks.

Mentioned Stocks

NVDA

Sentiment: HOLD

Reasoning: Jeremy characterizes the current rhetoric regarding AI's existential risks as 'scare tactics' designed to build hype for valuations. Jeremy mentions that while Nvidia and Jensen Huang benefit the most from this environment, the narrative is largely a 'game' to drive successful IPOs and capital raises. Jeremy warns that this manufactured excitement is primarily for the benefit of industry leaders and fundraising.

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AMD

Sentiment: BUYAction: RECOMMENDED

Reasoning: Jeremy expresses strong optimism regarding AMD's acquisition of World Labs, led by Dr. Fei-Fei Li. Jeremy argues that this move allows AMD to focus on the future of 'physical AI' and robotics, a market Jeremy believes is massive. Jeremy appreciates that the deal is stock-based, aligning incentives for the new team. Jeremy states that this long-term potential has led to a reconsideration of selling any AMD shares.

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QQQ

Sentiment: BUYAction: RECOMMENDED

Reasoning: Jeremy analyzes historical NASDAQ returns in October dating back to 2008 to project future performance. Jeremy argues that October is a 'golden month' for finding opportunities, especially in companies trading at multi-year lows. Jeremy predicts significant upside for the market over the next two to three years, suggesting that a 5% move in the index could lead to much larger gains in individual stocks.

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