Worst Quarter in 4 Years, Oil vs Stocks, Win Rates From Buying Corrections, the Case for T and VZ

Michael Batnick (0:14)

There you are.

Josh Brown (0:14)

What's up? What's up, guys? Hey, gangsters. Well, I'm just looking at all the Pounders that are here for the live. Michael, this is an exciting day. I'm so excited to talk markets today.

Michael Batnick (0:25)

Me too.

Josh Brown (0:28)

I see some Cliff Eastwood-related commentary going on in the chat. Not sure what that's about.

Michael Batnick (0:36)

What related? What's going on in the chat?

Josh Brown (0:37)

Like Clint Eastwood movies.

Michael Batnick (0:39)

Did he die?

Josh Brown (0:41)

I don't know what's going on.

All right, Denver Scribe says, I feel superior to anyone who panicked sold late last week. Should I be more stoic or no? No, dude, talk your shit. Talk your shit. Good call. Should be proud of yourself. We don't like panic selling on this channel. We're not down with that at all. So, but by all means, at Career Whisperer says, can't wait for them to not get into politics. Is that sarcasm? You want us to do politics?

Michael Batnick (1:15)

Are we CNN?

Josh Brown (1:16)

You want Michael Batnick's politics? Are you interested in that? Maybe we'll start a new channel.

Michael Batnick (1:22)

Let's do local politics.

Josh Brown (1:26)

We don't do that here. We do stocks and occasionally bonds. All right, everybody's here.

If I didn't shout you out today, I do see you and I appreciate you. We have a sponsor tonight. We have a lot to get to. So let's do this. Public, one of our favorite sponsors in the whole world. Today, the show is sponsored by Public, which is the investing platform. For those who take it seriously, it's a place where you can build a multi-asset portfolio of stocks, bonds, options, crypto, and now generated assets, which lets you take your ideas and turn them into an investible index using AI.

Michael Batnick (2:03)

That's right, Josh. It just starts with your prompt. You can literally, and I do mean literally, type any prompt you want and put the machines to work. It's creates thousands of stocks, builds a one-of-a-kind index just for you. You can back test it against the S&P 500 And then in just a few clicks, boom, you can invest. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's.

Josh Brown (2:28)

Go to public.com/w-a-y-t and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com/w-a-y-t, paid for by Public Investing. Full disclosure in podcast description. All right, put me on screen. Did you see what Public announced today? I thought it was pretty cool. And I think our audience probably want to know about this. They released agentic AI that allows you to write rules into your portfolio and just have the AI execute while you're not even logged in or looking at it. And this was in the Wall Street Journal. John, on screen. So the Wall Street Journal wrote this up. And here, AI agents could be deployed to buy protective puts should oil spike hedging against potential stock losses and automatically sweep customers' cash into higher yielding assets like bonds.

You can also use the agents to add a 20% stop loss order on all your trades. So we're getting further and further into this moment where people have more of an ability to, I guess, automate the things that happen in their brokerage accounts. It's not just, like, we've had automated dividend reinvestment for a million years. We've had certain things that are just like people expect. But now the tools are getting to the place where you can basically code your brokerage account. You could program it in advance for how you want it to act. So I wanted to give Public a shout out for that because I really feel like they're pushing the envelope. What do you think?

Michael Batnick (4:12)

Here's what I want. I want them to be able to read my blood pressure and buy stocks when I get nervous. Because sometimes it's hard to buy stocks when you get nervous.

Josh Brown (4:20)

Like an aura. You want a collaboration with an aura ring or your Apple Watch. So when your pulse quickens at like 10 a.m. because the market opens in a gap down, you want it to just circumvent your feelings and emotions. I mean, I don't know.

Michael Batnick (4:38)

It's a Costanza method.

Josh Brown (4:40)

Guys, I don't know where you those of you who are trading your own money. I don't know where you trade, but public.com/w A Y T is doing some cool stuff. So just just putting that out there. Today's show is sponsored by Janus Henderson Investors, where we believe working together is the way to work better, like combining your portfolio plans and our in-depth strategy, your valued assets and our valuable insights, your mission, and our vision. Always working in perfect harmony to find the right investment opportunities. Janus Henderson Investors investing in a brighter future together. Visit janushenderson.com.