To The Moon

1. Here is how I see the market right now: - The overall market is expensive. - Inflation may tick up soon due to tariffs, etc. - Commercial credit is weaker than consumer credit. This is a time to think more defensively than offensively. Healthcare is there for defensive positioning, trading at just 17× forward earnings versus 23× for the S&P. The largest healthcare providers are still down about 40% from their highs, and they are guiding for growth next year. Hedge funds are buying, members of Congress are buying, and even Buffett is buying. I think the sector deserves some attention now. Especially $UnitedHealth(UNH)$ . Line chart titled S and P 500 versus Health Care Forward P E dated October 10 2024, showing red line for S and P 500 forward P E and blue line for Health Care forward P E from 2000 to 2025 with vertical gray shaded recession periods, both lines fluctuating with peaks around 25 to 30 and lows near 10, current values around 23 for S and P and 17 for Health Care, x-axis labeled by years, y-axis from 0 to 50, subtitle indicating month forward consensus expected operating earnings per share. 2. Few words about how to benefit from regional bank weakness: I am not sure whether the perceived weakness in regional banks may turn to a full blown banking crisis. If it does though, there will be opportunities in fintech that aren’t much exposed to commercial loans. To start with, banks went over their loan portfolios after the collapse of Tricolor and First Brands. All Zion could find was a $50 million bad loan in a $80 billion asset base. However, even if we assume the issue is more extensive and common than we see on the surface, it’ll primarily effect the regional banks heavily exposed to commercial loans. Consumer segment looks robust as the big bank earnings suggest. Yet, any issue in regionals will dragdown the whole sector. High quality finctech stocks with little exposure to commercial loans like $SOFI went down 30% last time this happened in 2023. Buying them at the depths of market fear paid off extremely well. If something like that happens again, I’ll be buying them again. I would love to increase my $SoFi Technologies Inc.(SOFI)$ position as much as possible and get some exposure to $Pagaya Technologies Ltd.(PGY)$ . Red-dominated financial chart displaying stock tickers including FHB with -2%, COLB with -7%, FNB with -7%, MCB with -6%, VLY with -6%, KEY with -2%, MTB with -5%, CFG with -3%, TFC with -4%, FIT with -5%, ONB with -6%, RF with -7%, HBAN with -1%, USB with -8%, WAL with -10%, CMA with -5%, PNC with -1%, ZION with -10%, arranged in a grid format showing percentage changes likely indicating declines in regional bank stocks. For whom haven't open CBA can know more from below: 🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly! Find out more here： 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 Cash Boost Account Supports CPF/SRS Linking, Enjoy 0 Custody Fees and 0 Commission*! 🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun! Your first trade of the day = 1 lucky draw chance! 💰CBA Mini Course 1: What is Cash Boost Account(CBA)?