25+ Years Investing Through Every Crash — Here's My Honest Take on the Sell-Off!

Honestly guys, what we're seeing today is very healthy. You're seeing the NASDAQ down 1%. S&P is down.37. The Dow is basically flat slightly down. Oil prices of course have been higher. They are starting to come down a little bit. I posted this over the weekend. EX's top 20 hype stocks. And I've been telling you guys to be careful with a lot of these momentum names because they're due for a pullback. And they've had a pullback and they're pulling back even more today. So you can see this is from July 12th. Today's the 16th. Aqua was down 75% and you can see the numbers on your screen. One of the more interesting stocks on this list is AAOI. Still very speculative, high-risisk stock, but down 50% down again today. You can see it's down another 9.78% and it's below $100 a share. Now, we just covered this on chart day on the 14th, this Wednesday. And I said it was a nice pullback from 233. Still not cheap. Riskreward, of course, is a lot better here than it was when it was $233 a share. and it's actually coming down here. This 200 day simple moving average is around 86 bucks. Could it get there? Could it go lower? The answer is absolutely. Now, looking at riskreward, you don't buy a stock just off of something like this. But the R3 is a 268 bucks up there, Fibonacci. The S3 is down here around $88. So, we're about $10 higher than the S3. And of course, it can always go lower than that support three. Your trend line's all the way down here. And we rip from $41 to 233. is a very high risk, highreward speculative type stock. Looking at the community portfolio, and we started this portfolio in 2022, so it's been about 3 and a half years in that time frame, not quite four years. And look at like Rocket Lab. Rocket Lab's down 12.47% today alone. But guys, this stock ripped from $3.50 all the way up to $151. And then it's, you know, it's pulled back. 50% retracements around 45 bucks. It's trading at 66. And you see retracements like this all the time. You remember Astera Labs? I told you when it pulled back 150 or less DCA and you know if you if you DCA that level you made a you made some good money on Astera Labs. The thing ripped up to almost $500 a share. Rocket Lab is still not a cheap stock even at $66. But it makes a lot more sense below the 200 day simple moving average. You know buying it closer to 50 than it does at 150. And of course all this guys is just my opinion not financial advice. I'm just telling you what I see. Now, we have trimmed Rocket Lab and this is all house shares. You can see our cost basis is $3.76. So, we're still up 1,673% on this position. Navatas down 10.82%. You know, it's a very small position. We sold a lot of this when it was like 29 bucks. In the main portfolio, I sold at 29. Now, today it's sitting at $11 a share. You can see here $1183. Now, what are these? These are not profitable, higher risk type stocks, right? high price to sales ratio. Aera Labs, of course, this thing's been on an absolute tear. It's down to 318. But if I look at the 52- week high on this, it got to $44948. So, literally just under $500. And we have taken profits on this. It's house shares. We're up four 430% in the P&L, down 10% today. And you can see the rest of these Marvel Technologies. And we've trimmed a lot of these stocks. We, you know, most of what we own here is going to be what we call house shares where we sold the initial investment maybe 100% profits and we're kind of letting the rest rest ride. Now, Micron's an interesting one because it is a little bit overweight at 6.39%. You can see it's still up about a,000%. Now, this is just actual portfolio performance. It's not saying that you're going to get these same returns or anything. I'm just showing you the portfolio. Uh, Micron though it $1,254 was kind of the top pulling back here now below the 50-day simp. This 100 day simple moving average right here is about 675. The 200 day simp about 475. So, could it go lower? I think there's a decent chance you could see it, you know, somewhere in this circle. You're kind of at the top of it now. The bottom of it here, the 200 day simple moving average is 473. Could this be an opportunity? It might be an opportunity depending on type of risk profile you have your time horizon and so on. The fundamentals support Micron at a higher price. It's just a matter of if you believe the cycle's over when you think of HBM or not. I'm in the camp where I I do think there's, you know, good chance that earnings are solid and you see this stock go the other direction with time. But of course, there's no guarantees and you always have to buy what's best for you and your portfolio, your risk tolerance. Moving over to my main portfolio, you can see Rocket Lab is the biggest loser today, down 12.64%. Still up very nicely, of course, with this stock, and it is house shares. I have 550 shares that I'm just basically free shares that I'm I'm holding longterm. They're house shares. In other words, shares I wouldn't have had if I wouldn't have bought this stock at $364. And you can see the cost basis right here, $3.64 for Rockab. This is a covered call on Snowflake, $370 strike price, December 18th, 2026. And you can see this is actually green today, hovering around 273. So this is a stock I've owned for a while. It has been a lagard, but I am up on it. You can see here that I am up 93.71% overall on Snowflake. So doing just fine, but you know, it's been a lagard compared to other winners in the portfolio. A lot of people on YouTube like to talk about Tradeesk and you know, hey, do you still own Trade? Yes, I do. It's 0.19% of the portfolio. It's down 41% and yes, this is down $5,000 on basically a $5 million portfolio across the three different portfolios. This specific portfolio is sitting at $3.7 million right now. So negative $5,000, not losing much sleep over that. I think one of the biggest challenges for people that watch the channel is they don't completely understand what we do at Fired Up wealth. We tend to own more positions, not less. We're not heavily concentrated and we build diversified portfolios which has speculative stocks but it's only about 10% of the portfolio. That's why it's very important to make sure that you understand things like this and when you're bu you're building portfolio you're buying stocks that you buy the way that you should buy based on your risk tolerance your blueprint. Don't just go on YouTube and buy a stock because you see somebody saying hey I like this stock at this price. You can see Nvidia is about 12.89% 89% of this account up 4,900%. Cost basis is sitting at $4.13 a share. I am reinvesting the dividend. So that cost basis does go slightly higher. I have taken profits on Nvidia. I have taken profits on really all of this that you see in your screen. AMD uh it's 5.5%. I'm looking to trim more right now. Cost base is $67 up 636%. And you can see Micron and Snowflake Lamb SMH. This is the main portfolio and it's doing very well. It's made a lot of money over the last 3 years. It's done very, very well. I'm a long-term investor. I don't try to trade. I buy highquality companies and I hold them for the long term. And I know, of course, you're going to get some haters on YouTube. A lot of it's just ignorance. They don't understand how long I've been doing this, how I do things. I'm going to show you the losers. This is every single loser in the main portfolio. Paycom, I'm down 6%. And remember, this is a multi-million dollar portfolio. These numbers are very insignificant. So, if you look at all these losses, it's about $30,000. Now, on the flip side, here are the gains. You think I'm losing sleep over a $30,000 loss when I have gains that look like that, but here they are, guys. So, go ahead and comment and bash how yes, I did say that I liked Tradeesk at one point or I liked GitLab at one point. You're right. I'm down 41% on Trade. I'm down 30% on GitLab in this pos in this portfolio. I am down 17% on Celsius. Now, with that said, I did sell some Celsius at higher. So, these are house shares. This one kind of doesn't count because it's money that I wouldn't have had their free shares. Oracle is down 11.96%. I'm looking to buy more. It's 1.43% of this portfolio. I'd like it to be somewhere around 3%. And Paycom is very small. It's one that, you know, if it doesn't work out, I probably just harvest it. And this is a taxable brokerage. So I definitely need tax loss harvesting because I have massive amounts of taxes owed. And guys, this is why when you come to the channel and you say, "Why aren't you buying this stock or that stock?" Especially if it falls in these top 20 x hype stocks. And I say, "Hey, it's just not really for me. Olo has no revenue, so I'm not buying the stock. It doesn't really make sense for how I invest." Well, now it's down 76 to 79%. This is the updated numbers on that top 20 list I showed you earlier. Soundhound down around 70%. ONDS, you know, 50% off highs. HIMS, you know, you're talking about down 49%. It says relatively resilient. I don't know if down 49% is relatively resilient or not, but that's what it says. AOI 48 to 50%, INQ down almost 50%, IR down 50%, Rocket Lab down over 50%, 53% it's down today and it's still expensive. ESTs down 47%. TE 45. Fuel cell 42. So SFI 42. Coreweave, this is one I got yelled at for not, you know, recommending it when it was $150 a share. And now here it is at 74 bucks, down 50%. And I'm not saying you can't own these stocks. I'm not saying you can't buy these stocks. If you own these stocks, it's not to try to to poke at you or anything like that. But the reason that I'm not doing like best stocks to buy on the channel and covering these when they're at, you know, all-time highs and people are FOMO chasing hype, I'm the person that's coming on saying buy against the grain. Buy some Microsoft when it's under $400. Buy some, you know, some of this, some of that. Buy software names that are high quality names that aren't being pumped to the moon. And this can be very hard because if you're a trader, which 99% probably are on social media, none of that makes any sense. But I just showed you what how long-term investing works. I've been investing in the market for almost 30 years. I've made a lot of mistakes. I am not perfect at all. Everything I do here is to try to help you avoid the mistakes that I made. And so I might not always fit in with the rest of the finance channels that are hyping things. And I might not even fit in with what you're trying to accomplish because you might be that person that loves predictive apps like a cowi or you might love a poly market. You might like this, you might like that. That's just not my cup of tea. If it is yours, that's totally fine. I'm very much someone who likes to buy pieces of highquality businesses and own those long-term as a long-term investor. And I believe these businesses, if I buy a high quality company, more of those businesses than not are going to be worth more money later. And it's always buy, hold, and monitor. It's never just like I'm going to buy and hold forever based off of the thesis today. That thesis, that narrative can change, especially technology. It's constantly disrupted. This is very hard. I just made a YouTube short yesterday. It was a one minute snippet off an hour and 45 minute video on chart day that we do every single Wednesday. And it basically says that most people on social media should just buy an S&P 500 fund. And that's because they're FOMO chasing some of those hype stocks I I just showed you. And notice how I'm calling them hype stocks because I'm not trying to offend people and say meme stocks. They're hype stocks because they have momentum. They have excitement, especially from the retail community. But even a Palanteer, which I bought at $10 that I recommended on the channel that went to $200 a share. I told you it was overvalued and it came back. Can it go back to new all-time high? It can, right? It could. But I don't like chasing a Rocket Lab at 150, a Palunteer at 200. I want to try to find these opportunities before the masses and have low cost basis and hold them long term. I don't like to chase things when the fundamentals don't make sense, when the technicals show air pockets. That's just not my thing. I'm a seasoned investor. I've made the mistakes along the way. And if you're watching this, maybe you are going through that same process. Know that I'm only here to try to help you and nothing more. I don't do daily YouTube videos because I don't need to do daily YouTube videos. I've made my money off the stock market. I like making these occasionally, once a week, to try to help people, to try to help people because nobody helped me when I was 20 years old trying to figure this stuff out. 25 years old trying to figure it out and so on. So, do yourself a favor. If you're new here, subscribe to the channel, click that bell for notifications, drop me a like, drop me a comment, and stay tuned. Every Thursday, usually at 700 p.m. Eastern, a new video is dropped. Thanks for watching, guys. Have a great day. We'll see you.