Kevin O'Leary

There's been a good 50% retracement from this year's (June) lows. Earnings drive the market and the recent earnings season wasn't too bad. Was good. Question is, when is this slowdown coming? He doesn't see it yet. So, where do investors go? Bonds pay little. Only high-quality stocks offer a decent return.

Owns a 5% weighting here. Their baseline metrics are very good. A quality company. He has a 20% weighting in tech. Never before has this sector permeated the 10 other S&P sectors as now. This sector saved the American economy.

You can't run a bank or any business without the tools MSFT offers. Tech should always be the anchor of a portfolio. Who cares if the Fed raises rates? You can't run an economy without tech.

Morgan Stanley just cut their price target It's very painful to hold this. The market is undecided about Zuckerberg's move into the metaverse. You have to believe in his vision to hold this. That's one reason to own it. If you are giant brand like Nike that will advertise in the metaverse, you need to do it in a curated platform so you can control the message. If you don't like that vision, don't own Meta. That said, Meta remains the ad platform for small business. This stock has been slaughtered in share price and weighting. Meta has to prove to him--to show him.

He sold it. This has really performed. But he's trimming his portfolio. These cloud names are volatile. He's fine taking profits.

He sold this. No compelling reason to own it. It recovered with the market and offers reasonable metrics, but there are better stocks--he wants good cash flow to protect him in a downturn. He's getting picky.

He is selling Boeing. He had a good run and return, but he won't know upside until China resolves their issues and signals more demand for Boeing planes. Doesn't see anymore upside now.

Just sold it. He had a great run, but the strong USD is a concern for this sector and stock. This equipment is very expensive to global buyers. The USD is killing this.

He owns it for EV's. EV's are making more of a presence in GM than Ford. This is a good place to park some cash. This will be a player in EV's. He also loves the dividend.

He likes biotech, focusing on longevity research. Better than owning a single biotech stock where you can lose 80% just on negative research findings. It's completely random--you have no idea what the outcome will be on these biotech products. Might as well own IBB and lessen risk.

He has a good feeling about this and that their future earnings will confound the bears. The economy is still really strong. This has another leg up.

Likes their cash flow and dividends.

He remains optimistic and still sees a soft landing, based on revenue and employment data while the supply chain is a little better domestically. He sees no recession. He doesn't know if we've hit bottom, but there are interesting buying opportunities. Buy some. You won't make money in bonds. He expects 50 then 25 basis points higher by the Fed. We'll learn to live with Covid. The underlying economy remains strong.

Offers diversity and less risk in foreign exchange. This holds productivity tools like Docusign that every business everywhere will be using for their business with customers. This won't change. Yes, it's volatile, but even Cathy Wood's ARKK is up this week.

The USD has had a fantastic run, so why not buy these European companies that have so much of their sales in the U.S. You get them at a discount now, so they'll have the wind at their banks for the Euro and Swiss franc turn around against the dollar. He predicts a 5% lift in forex in the next 6-8 months. These companies have great balance sheets and cash in sectors that are global.