Love Netflix? Then this stock is a no-brainer, says wealth manager Ross Gerber

Because frankly, there isn’t a whole lot for investors to obsess about right now, as the Fed stays in its corner and earnings season grinds to a halt. Growth worries? China just cut its forecasts and announced a plan . Outside of that, there’s always the discussion of too-fast-too-far stock market gains.

Indeed, we had a bear market, but that was last year, says Ross Gerber, president and CEO of Gerber Kawasaki, who provides our call of the day. An upbeat Gerber tells MarketWatch that the checklist of worries is small for investors, with concerns about earnings already baked in, a trade deal inevitable and, at least in his view, a recession not likely to happen.“Disney is changing Hollywood as we know it,” says Gerber, who is pretty pumped about the House of Mouse’s DIS, +0.

Gerber also has a claim to fame as a Tesla TSLA, -3.20% bull and he isn’t about to change his mind, excited about a recent move by the car maker to online sales and innovation that just doesn’t stop. “Apple is so profitable it’s crazy, and they don’t do anything. Tesla breaks even at best and they’re doing a new thing everyday,” he says.

The market Dow YMH9, +0.01% S&P 500 ESH9, +0.03% and Nasdaq NQH9, -0.01% futures are up slightly. That’s after the Dow DJIA, -0.79% closed at a 2-week low and the S&P SPX, -0.39% and Nasdaq COMP, -0.23% put on some soggy performances Monday. The chart Our chart of the day, from Gains, Pains & Capital warns investors to buckle up after the S&P 500’s break below 2,800 on Monday. That’s because “the REAL sellers” are here and they are not quite done yet.

Target TGT, -0.37% and Kohl’s KSS, -2.39% both delivered upbeat results and shares are higher. Ross Stores ROST, -1.33% is due after the close.

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