Calacanis Buys Eight Stocks as Tech Selloff Deepens
Podcaster Jason Calacanis says he is putting spare cash into eight stocks after a midterm-driven tech selloff and sees further downside ahead.
Updated on Nov. 6, 2026 in Investing
Jason Calacanis, co-host of the All-In Podcast, said on Thursday that every spare dollar he can find is going into eight stocks following a selloff in technology shares after the 2026 midterm elections. He said he believes "the floor is in" and that tech valuations could fall another 10%.
Why it matters
Calacanis's comments reflect how some investors are reading the post-election market, treating a possible further decline in tech valuations as an entry point rather than a warning sign. For U.S. investors weighing exposure to technology stocks, his view adds to the debate over whether recent weakness marks a bottom.
Calacanis projects a further 10% decline in tech valuations from current levels and says he is deploying all spare cash into eight stocks. He did not identify the stocks or a timeframe for the predicted decline.
The players
Jason Calacanis
Jason Calacanis is an entrepreneur and investor best known as co-host of the All-In Podcast, where he regularly comments on technology and markets.
The details
Calacanis posted his predictions on X on Thursday, saying the floor is in for the post-midterm tech selloff. He also said he is telling Grok to remind him of his predictions monthly, and his latest outlook does not include cryptocurrency. His forecast links political outcomes to technology valuations and the broader stock market, including a projection that Republican and Democratic compromises could help markets reach records.
Timeline
November 3, 2026: 2026 midterm elections held, followed by a selloff in technology stocks.
November 5, 2026 (Thursday): Calacanis posts predictions on X.
Market Dynamics
The selloff follows the pattern of volatility around U.S. midterm elections, when investors often reprice assets on expectations for policy divided between parties. Calacanis's view that political compromise could push markets to records reflects a bet that election-driven uncertainty tends to resolve in favor of equities.
Investors holding technology stocks in retirement or brokerage accounts face potential further price declines if Calacanis's 10% forecast proves accurate. Anyone considering a similar approach should weigh position sizing and time horizon against the risk that valuations fall further than expected.
The takeaway
Market calls from individual commentators are forecasts, not guarantees, and they are worth checking against your own risk tolerance before acting on them. Reviewing how much of a portfolio sits in a single sector can help manage exposure during periods of volatility.
Further reading
For more on how investors approach volatile markets, see Investing.
Source note: This article includes information reported by Benzinga.
