sold
Summary
Jeremy opens the video by highlighting his portfolio's significant outperformance, noting a 31% return year-to-date compared to the S&P 500's 13%. Jeremy argues against the strategy of investing $1 million in 30-year Treasuries at 5.6%, labeling it a "horrible financial decision" because inflation and taxes would drastically erode the purchasing power over time. Jeremy calculates that while the S&P 500 historically returns 10% annually, treasury yields fail to provide the growth necessary to maintain a lavish lifestyle or combat rising costs. Jeremy also discusses the potential for a market crash if treasury yields climb toward 7% or 8%, which would lead investors to abandon stocks for risk-free returns.
Jeremy provides a deep dive into several specific stocks and his recent trades:
Mentioned Stocks
Reasoning: Jeremy believes Nike is a generational buying opportunity at $32. Although he gave the earnings a C- due to China and Converse weakness, he notes North America is growing. Jeremy sold his $27,000 share position to buy January 2029 $35 strike call options, expecting the stock to explode over the next few years.
Reasoning: Jeremy is impressed by Micron's 87% gross margins and the CEO's report of strategic agreements extending to 2031, which provides long-term demand certainty.
Reasoning: Jeremy bought 30 shares of Celsius at $27.52, maintaining his long-term bullish stance on the stock.
Reasoning: Jeremy explicitly mentions buying 40 shares of American Express at $300 per share in his private portfolio today.
Reasoning: Jeremy purchased shares at $77.02, stating it is the best-run resort company globally and is currently undervalued.
Reasoning: Jeremy bought 100 shares of RH at an entry price of $120 today.