3 Crash-Proof Stocks to Buy October 2021

Do you need to start worrying about an October 2021 stock market crash? Which are the stocks to buy for protection and upside potential? I’ll explain why stocks are falling now, which benefit from the trends and which stocks could drop further.

The stock market was down last month, only the second time it’s happened this year and October is one of the worst for stock crashes. Even the optimists and long-term investors need to know why stocks are falling and which stocks to buy for protection.

The bad news is you can’t just go by the ‘conventional wisdom’ for safety stocks. Because rising rates are one of the factors in falling prices, traditional safe stocks in utilities and consumer staples are getting slammed. Gold is also getting hit on higher rates and a stronger dollar. You’ll have to look elsewhere for stock crash protection.

Interest rates are likely to continue rising with most economists forecasting 1.8% to 2% by the end of the year. That will hit tech and growth stocks but could benefit financials like banks and insurance companies. Rising energy prices are a more recent worry but could limit gains in stocks of materials and industrials companies while benefiting energy stocks. Finally China is the big wild card, forcing uncertainty on the market and casting doubt over economic growth.

We can look at stock sector performance over the last month to see which stocks could do better in October or if stock prices keep falling. Stocks in utilities, consumer staples, materials and industrials will likely continue to lag while those in energy, financials and consumer discretionary could outperform. It’s here that I would look for stocks to buy and it’s from these sectors that I’m revealing my three stock picks for October.

0:00 Will Stocks Crash October 2021?
1:27 What are the Traditional Safety Stocks in a Stock Crash?
2:28 Why Stocks are Falling
5:50 Best and Worst Stock Sectors October 2021
6:31 Three Stocks to Buy for October 2021 Crash Protection

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

[josephhogue]

Cabot Oil & Gas (COG) closed merger and is now trading under Coterra Energy (CTRA)

[patrickbregolsajic]

You can’t control the market fluctuations, the economy or the political environment. instead, you should base your investing decisions on time tested investment principles, such as diversifying your portfolio, owning quality investments and maintaining long term perspective.

[markmoore]

Stocks are falling but is this a long terms or short term falls.

[bobbylove]

Would love for you to do a “nerd out “on economics, and macro economics series! Great stuff, really appreciate your depth!

[BallupKori]

Hello! Saw your channel yesterday, I'll be watching for a long time!

[susanemig]

Joseph, I sold Las Vegas Sands 2 or 3 months ago. Found micro cap Red Rock Resorts growing 9x’s faster

[absw]

While I like SVB as a company, for a financial company it does seem a bit overvalued, at least when comparing its multiples to other financial companies. Then again, this could be due to its position as, as you say in the video, a lender to growing tech companies.

[dazza]

Investing in casino's in China doesn't sound like a good idea.China can take that company at anytime if they want.

[MaiNguyen-ulhv]

Bonus video on financial advices & stocks recommendation and it doesn't cost us a cent. Already have a lot in LVS & is waiting for COG

[thestockdork]

Where can you invest for safety and upside?

[openfor]

The word CRASH has been way over used recently the past 6 weeks. We may be heading towards a Bear market, 4 of the last 6 weeks have closed down. With supply chain disruptions that will linger for 2+years and geopolitical re-alliances that will create short term volatility {what we currently are experiencing} the CRASH will only occur should an unknown crisis evolve that creates an unwinding and re-evaluation of stocks & other securities. Cash is King will prove out at the end of the bear market. The main question is how long will this Bear market last.

[luke]

Could you do a nerd-out on economics episode? 😁

[JimNichols]

Stupid click bait faces in supposed serious videos about money earn a thumbs down and a do not show this channel again award.

[arigutman]

Great video with a ton of insight, I am looking forward to the crash if it at all happens given it is just an opportunity to buy exceptionally high quality stocks while they are deeply discounted, there really is nothing like doing so. So, crash or recession proof stocks sound good to me, but of course, I also wants to just best position myself for the future when the market rebounds... as it always does!

[SecularWisdom]

When I look up ticket symbol (COG) it comes up with Cambridge Cognition Holdings. I show that CTRA is the symbol for Cabot Oil & Gas. Am I doing something wrong?

[tyjameson]

Disappointed…..no mention of uranium or miners in this video…..Joseph must get better at mentioning these sectors……😡💔

[doughoad]

The three reasons are the debt ceiling, the debt ceiling, and finally the debt ceiling

[wealthyasamindframe]

I been buying up Kinder Morgan. What are your thoughts on on the yield? Do you think it can survive the great reset?

[janetlis]

Should I sell some stocks and buy when the crash is here in October.

[GldenCat]

I would love for you to nerd out on the economics!