The Most Expensive Stocks in History Just Became a Bargain

The current market conditions show oil prices at $100, a free-falling stock market, and consistent red days for crypto. The MAG7 stocks have significantly underperformed the S&P 500, but despite this, there's an interest in buying. The portfolio is currently just under $30,000, with the majority held in cash, specifically USDC. This cash position has been crucial in navigating the recent market volatility, as other assets like Amazon are down 5% in 24 hours and Bitcoin is below $66,000. The strategy in a bear market is to avoid rushing, allowing for careful consideration of investment strategies. The portfolio has maintained relative stability, not reaching the January highs of $35,000, but preserving purchasing power, which is seen as an advantage for future growth. Oil markets have experienced significant volatility, with prices rising from the low $60s to $117-$118, followed by a 20% drop in one day, only to almost fully recover in the last three days. This ongoing instability in oil is a key concern when considering re-entering the market. The stock market continues to see red days, with MAG7 stocks like Meta down almost 4% and Amazon over 3%. Nvidia, Microsoft, Apple, and Google are also down. This consistent downturn has impacted the valuations of MAG7 stocks, with Google now trading at a forward PE of under 25, which is seen as a significant opportunity. Many MAG7 stocks, including Meta and Microsoft, are down around 20% from their previous highs, representing a drastic correction. The current levels are considered somewhat oversold. However, concerns remain regarding the continuation of geopolitical conflicts, which could lead to inflation due to rising oil prices. This, in turn, could impact interest rates and cause further panic in markets, leading investors to sell assets amidst uncertainty. On a more positive note, a new trading terminal called "Spreads" has been released, focusing on tokenized equities. This platform allows users to buy and sell various tokenized equities, including MAG7 stocks, a variety of indexes like Vanguard, T-bills, and other instruments. A notable feature is "smart money indexes" that are automatically rebalanced, allowing users to invest and copy trade not only sectors like the MAG7 but also politicians' funds and social influencers. Nancy Pelosi's index is currently available, with more expected. The MAG7 stocks are particularly interesting due to their current discounts. Companies like Nvidia, despite consistently hitting quarterly record revenues, are trading at their cheapest valuations in a long time, with a forward PE of just over 20. Spreads allows for the purchase of a market-cap-weighted MAG7 index as a single token, with automatic rebalancing, simplifying exposure to all seven stocks. In the crypto world, performance has been generally poor, with most altcoins, including Bitcoin, down 5-15%. However, some assets like Tao Bit Tensor have performed well, significantly outperforming the market in the last month. Bitcoin is facing another monthly red candle, which would mark six consecutive red months. This reinforces the idea that bear markets offer time to carefully plan a strategy. The approach is to be patient and slowly "smart dollar cost average" into desired assets when opportunities arise. This includes MAG7 stocks, popular indices, trusted stocks, Bitcoin, and high-revenue-generating altcoins. The goal is to build a strong portfolio by waiting for the right moments rather than rushing back into the market. The current market visuals are described as "appalling," but this is typical of bear markets.