The markets have been trending downward for the past week and a half driven by crypto beat down and the uncertainty economic conditions in China .

Over the last weeks I have picked up the following three stocks :

• Bank of America ( BAC) for $28.62 . The US banking sector took a beating in the last few weeks due to mid size bank downgrades . I think it was an over reaction and this should come back in the next three months . While I am holding I am getting a 3+ percent dividend.
• Coinbase ( COIN) for $80.06 . I bought this when I saw the pull back in crypto- however I was too early . Given the volatility in crypto – I expect this to go up in the next 6 months .
• Alibaba ( BABA) for $91.62 . I bought this when I saw Alibaba take a steep drop . It fell further due to the economic condition in China . Again I think it’s an overreaction and it should swing back in the next few months .

We’ll keep track of what happens here .