Print the page
Increase font size
Crash to Comeback: 3 “Buy the Dip” Trades

Posted April 04, 2025

Greg Guenthner

By Greg Guenthner

Crash to Comeback: 3 “Buy the Dip” Trades

The bears are growling… And we’re buying!

A fresh bout of panic sent Wall Street reeling this week as Trump unveiled his tariff plan. Skittish traders began pounding the “sell” button Wednesday night, sending stocks cascading lower into Thursday’s session.

But now isn't the time to run scared. While everyone else is freaking out over tariffs, we’re searching for buying opportunities.

If we can take advantage of some of these potential overreactions across the market, we could rake in some serious gains if and when stocks start to bounce.

Today, I’m going to share with you three of my favorite “buy the dip” opportunities heading into the weekend.

These are stocks that have the potential to offer quick, oversold bounce opportunities in the days and weeks ahead.

If the market firms up, we could be looking at more extended rallies.

I know it’s still dicey out there…

But let’s keep those emotions in check and get tactical as investors panic!

Opportunity #1: Apple Inc. (AAPL)

I’m sure you’ve seen this phrase a million times on the back of Apple products:

Designed in Cupertino. Made in China.

AAPL shares hit the skids Thursday, dropping nearly 10% as we wait to see how the China tariffs will play out. The stock had its worst-performing day since 2020, dropping toward seven-month lows.

Aside from getting sucked down the drain during Thursday’s broad market drop, AAPL has held up relatively well during the recent corrective action that shredded its Magnificent Seven brethren. NVDA has been shredded. TSLA has been cut in half. But AAPLwas quietly hanging around… until yesterday’s drop.

AAPL is also approaching a large shelf of support just below $200. That’s just a little more than a 3% drop from these levels. That gives us a decent stop-loss level in the $190 range if we’re looking to play a short- to medium-term bounce here:

AAPL shares jumped more than 15% from the election until it topped out in late December. The herd couldn’t get enough of this stock when it was 25% higher than today’s prices. Now, no one wants to touch it.

That leaves us with a solid risk-reward opportunity. If we’re stopped out, we’re wrong and we haven’t lost much. But if we do get an extended bounce, then we own one of the best-of-the-best stocks on the market at a decent discount. Not too shabby!

Opportunity #2: Tesla Inc. (TSLA)

Next up is the stock everyone loves to hate: TSLA.

You simply can’t avoid the anti-Tesla sentiment. Protestors of Elon’s DOGE are vandalizing Teslas and setting fires to dealerships. Politicians are mocking him at rallies. It’s total chaos!

You already know about TSLA’s post-election round trip. Shares broke out in November, soaring more than 80% over the next month to fresh all-time highs. Then, the stock topped out and gave it all back. It’s now down more than 30% year-to-date.

But TSLA is holding up relatively well this week. It dropped just about 5% yesterday. And it isn’t too far from being positive on the week.

Despite the recent spite selling, TSLA has firmed up and rallied off its March lows. It’s a solid pickup here — and you can place a stop near the Monday lows just below $250. I think it could catch and run toward $330 over the next few weeks.

Plus, it doesn’t hurt that Teslas are made in the US. If investors are really concerned about tariffs, you’d think they would bump this carmaker to the top of their shopping list.

Opportunity #3: Nike Inc. (NKE)

Nike stock has been dragged through the mud for more than three years — and rightfully so!

The company badly fumbled its attempt to push to a direct-to-consumer sales model and has paid the price, damaging its relationship with wholesalers and retails, while dealing with soaring inventory and a poorly implemented management restructuring plan.

In short, it’s been a mess for the big swoosh. Shares have suffered a steady decline and are now down more than 65% from their 2021 highs. But even this ugly statistic fails to describe just how bad the situation is for NKE.

One look at a long-term chart reveals how bad the situation has become for the sneaker king.

Yesterday’s double-digit drop sunk NKE stock below its COVID crash lows. That’s right, shares are lower this week than they were when the world was ending in March 2020. Crazy!

Nike is clearly getting crushed on the Vietnam tariffs. That’s obvious. The company also needs to fix some serious issues with its business.

Let’s put these issues aside for a moment…

If we’re thinking tactically, we can make a bet that NKE could rally following these extreme tariff reactions and close Thursday’s double-digit gap.

No, we don’t need a new bull market in NKE in order to make money here. That’s why we bought NKE calls over at The Trading Desk early yesterday morning.

Starting a small position on a stock that’s sitting at seven-year lows gives us a key advantage: we’ll know right away if we’re wrong!

But if NKE can close the gap and get back into the $65 range, we have a great chance to book some nice gains on a tariff overreaction.

7 Final Lessons From Buffett’s Farewell

7 Final Lessons From Buffett’s Farewell

Posted November 13, 2025

By Enrique Abeyta

Here are a few words of wisdom from Buffett’s farewell letter to shareholders
Warren Buffett, Signing Off One Last Time

Warren Buffett, Signing Off One Last Time

Posted November 10, 2025

By Enrique Abeyta

In light of Buffett’s final letter to shareholders as CEO, let’s revisit a few of his timeless (though not universal) bits of advice.
3 Beaten-Down Charts Ready to Bounce

3 Beaten-Down Charts Ready to Bounce

Posted November 07, 2025

By Greg Guenthner

These three areas have gotten absolutely hammered. But they could be setting up for a bounce by next week.
Wisdom of a FinTwit Oracle

Wisdom of a FinTwit Oracle

Posted November 06, 2025

By Enrique Abeyta

Ed Borgato may be one of the most insightful investors that you’ve never heard of.
Give Gold a Rest (and Trade This Miner Instead)

Give Gold a Rest (and Trade This Miner Instead)

Posted November 04, 2025

By Ian Culley

Gold acts as a leading indicator for other commodities. Based on past cycles, expect a rally in metals like lithium soon.
When Seasonality Meets "Situationality"

When Seasonality Meets "Situationality"

Posted November 03, 2025

By Enrique Abeyta

How does the market perform heading into year-end when it’s already running hot? Let’s take a look at the data.