The Jon Sanchez Show
10/11- How should you be allocated for this earnings season?
Hey Amazon Prime members, why pay more for groceries when you can save big on thousands of items at Amazon Fresh? Shop Prime exclusive deals and save up to 50% on weekly grocery favorites. Plus save 10% on Amazon brands, like our new brand Amazon Saver, 365 by Whole Foods Market, a plenty and more. Come back for new deals rotating every week. Don't miss out on savings. Shop Prime exclusive deals at Amazon Fresh. Select varieties. For the John Sanchez show here on News Talk 780KOH, this is Jason Gaunt. I will be your leader this evening. John has taken the night off. He will be back on Monday. But I'm happy to report that we're at all-time highs. We've got the Dow today, closed up 409 points, 0.97% to 42.863. The S&P was up 35 points or 0.61% to 58.15 and the NASDAQ up 61 points, 0.33%, 18.342. Gold, nice strong day today, up 1.3% or $35 to 26.74 and oil hovering right here at the top end of the recent range, $75.49. That was down half a percent on the day. Bond-wise, today we saw the short end of the curve coming a bit. The two-year closed at $3.96. That was five basis points lower. And the 10-year just continues to hold up $4.10 last. No real move today, but strong over the last several sections, just given that this market has been stubborn and not in a negative way. Growth is held in. You started to see numbers across the board this week that were helpful. Today we got producer price index. That was the last number we were waiting for this week. Recall yesterday we had CPI, the consumer price index number. That was a touch hotter than expectations. Yesterday, that CPI number came in at 2/10 versus an expectation of 1/10. And the core CPI was up 3/10 versus 2/10. Still much better than year over year, but numbers are not going to that target of 2%, which the Fed is hoping to see sooner rather than later. PPI today, however, this is the producer side, right? So CPI being what consumers are feeling. This is the producer side for September. Came in flat, 0.0. Consensus was a 1/10 increase. Core was in line at 2/10 higher. Prior was 3/10 higher. So we are seeing this data come the right way on the producer side. And as we all are very much aware, the producers are the ones that are affecting our prices, right? They're passing it on what they're able to to consumers. And that had been the case throughout COVID and even post, given all the supply chain changes and inflation really across all parts of the globe. It's the producer side. And consumers have started to push back. You've seen that in many places. In fact, even in the University of Michigan, consumer confidence number we got today came in at 68.9 versus a consensus of 70.1, but well off of the 79 number we got from last month. And this is showing you an embedded inside of that consumer confidence number today is consumers are starting to be more selective, just given the fact that inflation has been such a headwind. I mean, the number of folks that we talked to here, helping with cash flow and financial plans, everyone's feeling the pinch, just regardless of where you are on the socioeconomic ladder. It's been tough as prices have been stubborn, grocery services, et cetera. So it's not novel if you're feeling it. Everybody is. But the market really has been climbing the wall of worry. And I think that's part of why it continues to go higher because it's a wall of worry. If everybody was all in and thinking that trees do, in fact, grow to the sky, that's when you tend to see the markets fall. But it hasn't been the case, even though folks are happy to see their statements come in every month, you're starting to see now more Dow, for example, up a percent today. It was up a little over a percent, 1.2 percent for the week. Nasdaq was up 1.1 percent for the week. S&P, as I mentioned, was up. Dow Jones is really the strongest of all of them. And the Russell 2000 small caps, 1 percent higher. Really strong breath to the market too. It's not just tech. Unfortunately today, Tesla was down about 9 percent. They had their robo-taxi event that was, I would say, left to be desired as far as content. There were some really cool looking cars. But this is the next leg in their story. And Tesla, very much a large part of consumer discretionary, didn't really hold up. There wasn't a lot of content. It was more of optics, et cetera. So, you know, those are part of the areas that the market is very much keeping a close eye on. Did I have strength today? JP Morgan Chase, that was up about 4 percent. Wells Fargo, higher by 5 percent. Heck, BlackRock, up 3.7 percent today. You know, these are the parts of the market that, you know, people have been worried about. People have been quite concerned about financials. But we got good numbers today. You know, you're seeing Warren Buffett, for example, who's been a massive owner of Bank of America, selling and selling and selling and selling. And in fact, today, there was news, either yesterday or today, that they're now less than 10 percent owner of Bank of America. And they can really go radio silent. Now, they don't have to give updates as they're selling big stakes. They've been happy as a shareholder, but they are certainly building up a massive cash hoard. Jamie Diamond today in their earnings release, he made a comment, too, saying that cash is very valuable when the future looks treacherous. Jamie Diamond has been a vocal bear for some time. But, you know, he has made some comments that cash is, in fact, not burning a hole in his pocket is what he said. That he thinks the market is expensive. He thinks that it may be a little bit or very. He just doesn't know yet. But it's at least some color overall. And you know, you can't dismiss that, right? We've seen a S&P that's gone up now 20 plus percent over two years in a row. Evaluation is not on the cheap side. I don't think the market's incredibly over expensive, right? Remember back in 2000, you had tech training at 100 times earnings. It's closer to 30 times forward right now. So it's not horrifically out over its skis. And we have a ton of new technology that is going to create jobs and really brand new areas of the market through computer science, data science, et cetera, that don't even exist now, right? And that's what you need. You need growth. John and I talked last night, a ton, as we were going through the Greg Neff show, helping out for a couple hours. And we talked about Harris, and we talked about Trump and both of their policies on taxing, et cetera. And ultimately, it comes more down to how do we grow the income side? How do we make more tax revenue for the country? Believe me, I'm not the wanting to raise taxes. I'm more than happy to lower taxes, but we need to have more people, more jobs that are producing income in order to tax. We need to have new technologies. And I still think that we're at the lower end of this growth rate, right? This is a new technology. I think there's a lot of positive things to come overall. And that's what the market's reflecting. It's a discounting mechanism. We've got the Fed lowering rates because they're very, very tight relative to inflation, even though we did have Neil Kashkari, who is a voting member, makes some comments that he'd be open to skipping November. He's been a vocal, I would say, hawk for some time. He's not as dovish as some of the other members, but he is out there saying that maybe November is off the table, even though very recently, people thought we'd see another 50 to 100 basis, 50 at each of the two meetings, maybe 100 basis points of cuts. The market's now saying maybe only 25 two more times this year. Time will tell, right? Clearly, the election is going to be something that will keep Fed members, I would say, at bay. They probably won't be too, too, too aggressive, you know, given that the rate decision is very soon relative to the election. But they will continue to honor that mandate. But it's good to see financial strong. It's good to see industrial strong. Maybe not so good to see energy pick up its head as oil prices have tipped higher. Again, I was talking to a client earlier today and just pointing out that the U.S. does produce more energy now than it did four years ago. And I'm talking on the oil side. Now, it may surprise folks, but it is true. Agreed. I, you know, Trump had said that given if he was continuing on his mandate throughout the last four years, we'd be a heck of a lot higher, which completely agree with two in terms of that true lack of dependency on others for our energy needs. And that is going to be a focus over the next four to eight years, just given all of the demands that AI, data centers, et cetera, we're talking about, you know, tipping back up nuclear facilities, just given that Microsoft, for example, wanted to see Three Mile Island fire back up through constellation energy, just for their own needs. So there's a lot of new things coming down the line, technology, financials. It's a healthy market. But near term, we've had a darn good run as this market climbs the wall of worry. I still think there's a little bit more to go into the end of the year. So I'm going to, I'm going to paint this a slightly green. But why don't we check in right now in the right now traffic center with Kristin Snow. And to show here on News Talk 780KOH, this is Jason Gaunt. I am in with you this Friday. Happy Friday. Great end of the week as the market's finished at all time highs on the S&P and NASDAQ side. Not the NASDAQ, the Dow and the S&P. The Dow was up 409 points, 0.97% to 4863. S&P 35 points higher, 0.61% to 5815 and the NASDAQ up 61 points, 0.33%, 18342, gold up $35 to 2674 in oil, a touch lower today, 36 cents lower to 7549 for the year. The S&P 500 is higher by 21.9%, the NASDAQ up 22%. Year to date, the Dow Jones industrial average, your 30 favorite stocks up 13.7% and the Russell 2000 small caps now into double digits up 10.2%. Some of the news items that we're moving markets today, there was some comments today and then expected over the weekend that China will be announcing more details on their bazooka stimulus plan where they are expected to state over $280 billion worth of new items that would be focused on growth in housing, technology, etc. Remember, China had a 20-plus percent rally over just a handful of days as this information was tipped about two weeks ago and then a little bit of a pullback earlier this week as there was not a whole heck of a lot of context and so I think that's why over the weekend they're going to be adding additional items to the stimulus. We're getting about two and a half million people are currently still without power post-Hurricane Milton. This is according to the USA Today. I watched a handful of videos, some of the folks that I watch on YouTube regularly out of Florida, some of the guys who do drag cars or build dragsters and stuff like that and it is insane at the level of water and flooding around the area. Just it's out of control so power lines all over the place. It's going to be a long time before many of these areas have sea power. California Department of Public Health, unfortunately, confirmed a fourth human bird flu case in the state. On the company side, you've got American Water Works, AWK. They had a cyber security incident. Remember, this is one of those big paranoia's. They had a cyber security incidents where they really had quite a few systems that were taken offline due to a hack and they're in the process of bringing those back up now. Right? Those are some of the concerns with technology and the level of security and infrastructure that we're going to see a lot of spend in that space. Palo Alto networks very much on the front side, CrowdStrike had their issue with Delta Airlines and some of the others, where Microsoft teams even had big problems because of some of the CrowdStrike items. But this is going to be something as you're looking for investment areas doing your work in cyber. I still think that you're going to see so lower highs in that sector over the next several years as more companies are forced to really amp up their spending because it's not like, you know, you know, you know, a heck of a lot about it. Like it is a specialized area that every company is going to need to ramp up over some time. I mean, the amount of unfortunate clients that even we've had come in that have responded to items or even as I mentioned a couple of weeks ago, I had a gentleman walk in, not a current client, but I mean, he was showing me texts, et cetera, from someone that he had met that a female that he had met, he said on this texting and they were asking for money and help and he'd been talking to her for a while and he was literally about to send her, her, him, whoever it was, $3,500 for some, you know, need for property, et cetera, some taxes that were due in order to get some big, you know, settlement. And it's just, I beg all of you out there whether you have a financial advisor or not to scrutinize every single email text chain that you get that is asking for money or saying, you know, if you ever see a case where it says, hey, just send me some money and I'll send you more money, assume that that's a fraud and not something that you should be moving forward with. And I'm sure that 90% of the folks that are hearing that are rolling their eyes, but 10% of you are not. And I want to make sure that the 10% of you who are not start to roll your eyes and are just healthy skeptics. Not to think that everything's not, not truthful, but I want you to be a healthy skeptic because I don't want anyone to get taken advantage of. This stuff is getting really, really, really good. Mentioned earlier Bank of America, BAC Berkshire Hathaway did cut their stake now to under the line of sight. Remember, if you own over 10% of the company, you have to announce notable changes in your holdings. They're now less than 10%. They sold their recent 9 million shares in the roughly $40 range. Boeing after hours today, recall, they've got this big strike that was averted and then put back on as they had some issues. They're going to lay off 17,000 workers. The Baron's headline says it isn't about the strike. Slightly truthful, Boeing's been in a world of hurt as far as all the everything everyone knows about the door issues and bolt issues and you name it. So Boeing is one of the big great industrial companies of this country and they're not in a good spot, especially now that they've got unions who are pressing for more wages, et cetera. It's going to continue to push, put pressure on shares of Boeing. CVS today, they're atna, shined in star ratings with an 88% of Medicare Advantage members in their four star plans are higher. Remember earlier in the month, I believe it was UnitedHealthcare. Stock got destroyed because of problems with their rating was very low as far as Medicare Advantage was concerned. And CVS on the other hand just came out with really good results. 88% was better than expected good for them. Lilly, LLY as the obesity drug, excitement spreads. It looks like they got some approval in Japan for their obesity drug and that's due out next year. There's a really good video and show on CNBC recently about the number of counterfeit, ozempic and wagovie, whatever, needles, shots, whatever those things are called. We're packaging people we're buying on the internet. There's several other companies that are off brand that people are using to buy it. Again, please scrutinize everything. Don't buy something online and inject it into yourself. You have no idea what is inside of there unless it's coming from a adequate and reliable source. Last two mentioned the flooding, the hurricanes, et cetera. Former President Trump out today on True Social, saying that "generac generators." He was going to look to make generators tax deductible if purchased between September 1st of 24th through August of 2025. He was going to make it retroactive if he is voted in. Finally, I mentioned earlier Tesla, stock down 8.5% today. They announced their new robo-taxi named CyberCab. It's going to be priced under $30,000. Production will be in again in 2027. But analysts were expecting a heck of a lot more than they got from the release. I would argue the most impressive thing was the robotic side, the optimist side, where you saw some videos that were... The robot itself was pretty darn lifelike in terms of its interaction with people asking questions, so on and so forth. But it's still in its infancy. But as they train these items, let's say Tesla and others, robotics is going to be a very, very, very powerful part of the technology innovation that we were talking about, which is a strong reason why this market is trading at all time highs. Why don't we check in now with Jack Saban, who has news, traffic, and weather. How are you, Jack? Welcome back to the John Sanchez show here on News Talk 780KOH. This is Jason Gaunt. Happy Friday. Today, the Dow finished higher by 409 points, 0.97% to 42.863. The S&P was higher by 35 points, 0.61% to 58.15 in the NASDAQ, up 61 points, 0.33%, 18.342. Nice to see all time highs on the S&P and Dow as this market continues to climb the wall of worry. Boring to fall. This is my segue. This is the best I can do. It is now October 11th, and Morgan Stanley had a good note they put out a couple weeks ago, really just talking about fall planning advice, right? Some of the items that we touch on on the show all the time, things that we recommend to our clients, recommend to our friends, as to what are some of the things that you should be thinking out about despite the election being something that folks are too focused on. As the year is winding down, right? We're definitely into Q4, and Morgan Stanley points out that fall can be a good time to revisit your financial plans and set yourself up for success in the coming year, they said. Asset allocation, right? That's something that we talk about a lot on the show. Sometimes it ends up being a little bit confusing as to stocks, bonds, commodities, currencies. You name it. What areas people should own, or why? But in a year like this year, when the markets, as I mentioned, the S&P being up darn near a little over 20%, you get drift. Drift in portfolios, keep it simple. If we start with a 60% S&P 500 portfolio and 40% aggregate bond portfolio or treasuries, whatever you want to call your bond allocation. If you started out that way and let's say your bond portfolio at the end of the year is up 5%, but your equity portfolio is up 20%. You've got drift. One part of your portfolio did better than the other, and that's by design. Remember the 60/40 portfolio just to talk quickly about that for folks who aren't aware. It's built to be a moderate allocation. The bonds are there. I like to explain their cash. They're just dry powder that earns a superior income than your checking account would or a savings account would in most cases, unless you have a high-yield savings account. The bond portfolio is there to earn income while you wait to buy stocks. If your stock portfolio is 60%, your bond portfolio is 40% to start at the year. You're going to be a 0.6 beta to the S&P 500 if you're just S&P and bonds, meaning that if the S&P 500 is down 1%, on average, you're going to be down 0.6%. You've reduced the volatility of your portfolio 60/40. This year, the S&P outperformed a ton, so that 60 is now acting more like 70/30. It's really outperformed your bond portfolio, and that's great. The structure of asset allocation would say come whenever you're going to rebalance. Some do it annually. Some do it quarterly. It's totally up to you. You would be selling stocks to buy back into bonds. You're selling high and buying low. I think that's what? Investing 101. You're reducing that equity exposure to 60% again and buying back into your bond or cash allocation and reducing your risk back to target. That is something that folks should be doing inside of all of their accounts. Again, oftentimes, it's the starting point that people don't know where they should be. That's what financial advisors can help with. That's what tools on the internet can help with. Risk tolerance is something that is paramount to any good financial plan. Risk tolerance is not just how much do I want this thing to go up. We all want it to go up a lot. The question is how much can you afford for it to go down? Is there a situation over I use the next 10 years that you could be a forced seller at a bad time? It's not just how comfortable am I regardless of age and goals as far as this portfolio going up and down, but more so, what would happen if in a year when the market's down 20%, I have to sell because I have a medical expense or I have a life change or some kind, you're forced to be a seller in an in-opportun time. That's why you start to reduce risk in your portfolio, aka reduce the variability of returns by having a stock bond allocation. That's 60/40, 70/30, 80/20, all stocks. If you're younger and you have a very, very low probability of needing the money in the next 10 years. Well, asset allocation is something you should be looking at, even if you look at it once a year. That doesn't upset me. One of the analogies I love is that your portfolio is like a bar of soap. The more you touch it, the smaller it gets. And lots of folks, if I talk to you, were like, "I haven't looked at it." And they tend to outperform those who look at it all the time and get emotional and make changes and sell low and buy high. It tends to dent a long-term portfolio, especially when I kicked off the show telling you we're at all-time highs. So all of the bulls have been right. All of the bears have been wrong. But that's not necessarily true if your risk tolerance does not warrant that type of risk, you could have been the biggest bull in the whole wide world. But guess what? Back in 2022, despite being right that the market was going to go to all-time highs and you were full tilt risk, you were forced to sell when the S&P 500 was down almost 20%. That's part of what you want to think about as you're looking at your fall portfolio review. And to say, "What's my asset allocation look like? How much can I lose?" If we kept it simple, the S&P on average returns 9%. If we were just going to say up or down 9% in any given year, can you take a down 9% year in your portfolio? Can it still generate the income that you need? These are the things that you need to think of when you're looking at asset allocation. We've also got taxes. That's the drag on any portfolio. If you've got an IRA, a traditional IRA, every dollar you pull out of that IRA is going to be income. Doesn't matter how you got there. In most cases, you may have basis. But we'll just, most folks, traditional IRAs, traditional 401ks, any dollar you pull out, regardless of how you got there. Again, the way I like to explain it is if you take $10,000 out of your IRA, it's $10,000 of income that year. Whether you started with a dollar and are the best stock picker in the history of time and you're up to $10,000 or you started with $100,000 and you're not quite as good of a stock picker and you fall to $10,000, you take $10,000 out of that IRA or 401k, it's $10,000 of income. Government doesn't care how you got there. On the flip side, a taxable account, non IRA, your trust, your transfer on death account, your individual account. Hopefully, none of you have individual accounts. They're all transfer on deaths at the very least. Again, we've got lots of shows about it. It's only taxed on gains when they occur. The government says every year, tell me all of the stocks or bonds or holdings that this person sold, how long did they own them? Is it short term or long term gains and the taxes are reflective? So it's not all of it. It's just the gains that are realized. Whether you take money out of the account or not, it's just what did you sell? If you sell a stock and put it in Google or cash or send it to your best friend, it's all taxed the same in the government's eyes. But tax season is something that you need to plan for this year because once the end of the year bell tolls, the baby's born, right? You can't, in most cases, other than an IRA contribution, you can still do next year until tax season, April 15th. Or as we mentioned on other shows, we have podcasts out there that talk about SEP IRAs where you can contribute to a SEP IRA as an employer up until you pay your taxes, even as late as October of next year, to contribute for this year. But taxes are something you need to be thinking about, right? Maybe you sold some stock earlier this year and you had a good gain in it. Well, are there any other stocks in your portfolio that maybe you're down a lot from where you bought them? Again, this isn't a taxable account, not your IRA. Remember, we don't care how you get there. In a taxable account, we care. We as in the government, if you had a big gain and you can go look in your account now, you can log in and it'll tell you what your realized gains are this year. Well, do I have anything in here that I may love this stock, but I may have lost 1,000 or 2,000 or 100,000. Who knows? If I sell some of those shares or all of those shares, I can realize a loss. Maybe I can buy it back in 31 days to avoid the wash sale. Again, go look it up for more detail, but you can sell a stock too to reduce what your tax burden is going to be. Come tax time this year. It's tougher for advisors like us this year because guess what? There aren't a lot of things that are down, right? I think that's going to be very interesting this year as people do what's called a strategy of tax loss harvesting. The thing I'm talking about going through your account and picking through all the downs, you'd have to work pretty hard this year to find a lot of downs. The bulk of the market is up and the bulk of stocks are up, so there may not be a lot of downs. Unfortunately, fortunately, depending on how you want to look at it, your tax burden could be higher. So that's something that you want to be thinking about. Are there any ways that I could potentially loss harvest inside of my account or at least be conscious of some of the taxes that I'm going to have to pay next year? Quick overview. You can contribute to traditional IRAs. Again, depending on income. Call us if you have any questions about it. You can contribute to traditional IRAs. Those could potentially reduce what your income is this year. Same with 401Ks, any pre-tax contributions to a 401K will lower your income in 2024. Those are items you should definitely be looking at. And then finally, you're a state plan. I used a quick one here before the break. Someone taught me actually my inspector from my house years and years and years ago. He told me this. Every time you spring forward or fall back, hopefully that goes away, go out to your fuse box, slam them all closed, literally just click them all closed, and click them all back. Because you've got to reset your clocks anyway. And the fuses sometimes stay on too long. They can fail to do what they're supposed to do if there's a surge. Same thing with your estate plan. Your beneficiaries, your trust. Once a year, set a time to go review and just make sure that everything still looks good. The beneficiary is good. Your advisor can help you with that. Or you can look through your trust quickly and make sure, you know what, do I still like Joey? Do I really still want to give him my truck? Those are all things that you should probably just once a year. Take a look at. Fall is a good time to do it, especially as it starts to get a little cold outside. You've got your football game on. Not outside doing as many things as normally you would be doing. But happy fall. And markets are at all time highs. And I thought it was a good time to at least talk about some of the things you should be thinking about as this year is getting closer to the end than the beginning. But why don't we check it again with Kristen Snow in the right now traffic center. Sanchez, show here on News Talk 780KOH. Happy Friday. We were talking a bit earlier about some of the fall items that you should be focusing on. Quick updates overall. Take a look at your financial plan. Maybe asset allocation is something that you could look at. Make sure your risk tolerance is still in line and that your success doesn't put you in a situation that maybe you're more risk focused next year with more equities than you thought. Maybe start looking at tax season. Some loss harvesting or any strategies as you get a good idea of what your tax implications could be as we move into 2025. Other items that I think are important is your estate plan. We talked about taking a look at your trust. Seeing if there's any changes that are interesting. Taking a look at your other planning documents and then gifts. You're able to gift as an individual $18,000 in 2024 or $36,000 for couples. I jokingly say that you and your spouse can walk down the street and hand $36,000 to every single person you see. You don't have to notify the IRS of this at all. The Dominimus level that doesn't need to be reported. Something very interesting, especially if you're trying, if you have an estate of some kind that you have accumulated quite a bit of assets, that the lifetime gift level is $13.6 million per person now or twice that for a couple. So anything over that $18,000 per person that you're giving on any individual year, you're just keeping track of on a tax form. Once that accumulates up to the 13 and change million number, that's when estate taxes would kick in. So if you're doing planning, it may be hopefully you're someone who this is a concern for. These are ways that you can start to at least reduce your gifting and potential exposure to estate taxes in the future. And then finally charitable giving in general is something that you should be thinking of whether you're using the standard deduction. Make note of that. It may in some cases not help you, right? So you want to, obviously we give to charities because of good feelings. But at the same time, if you're someone who merely gives to charities because of tax deductions, something to be aware of. If you're in required minimum distribution phase, if you're 73 or older or have already started them prior, you know, speak to your financial planner or CPA, there are benefits to donating your RMDs and avoiding the taxes. So those are, again, very important things to keep a close eye on in general. But taking a look at next week, not a lot on the economic side. We've got Thursday retail sales. We're going to see weekly jobless claims. Remember this week they did take up a bit to 258. But it's going to be earnings. Earnings are coming hot and heavy. We saw a couple of them today. As I mentioned, Wells Fargo, JP Morgan, et cetera. We're going to get Bank of America, Schwab, Goldman, Johnson and Johnson, Progressive, State Street, all on Tuesday, United Airlines. On Wednesday, we'll get Abbott, Morgan Stanley, US Bank Corp, Alcoa, DFS, which is a Discover, KMI, and Thursday is going to be the biggest one, which isn't even here. It's Taiwan Semi. That's the morning of Thursday, October 17th. Thank you very much for listening. I appreciate it. My name is Jason Gaughton here with Sanchez Wealth Management. Have a wonderful weekend. 780, KOH. This program was sponsored by Sanchez Wealth Management. The material in this program was intended as general information only and should not be taken as specific investment tax or legal advice. None of the information on this broadcast was intended to be a solicitation for the purchase or sale of any security. Further information is available by contacting john@sansheswealthmanagement.com or 775-800-1801. John Sanchez offers securities and advisory services through independent financial group LLC, a registered broker, dealer and investment advisor. Remember FINRA SIPC. Securities offered only in states John Sanchez is registered in. Sanchez Wealth Management LLC and independent financial group LLC are unaffiliated entities. Hey Amazon Prime members, why pay more for groceries when you can save big on thousands of items at Amazon Fresh. Shop Prime exclusive deals and save up to 50% on weekly grocery favorites. Plus save 10% on Amazon brands like our new brand Amazon Saver, 365 by Whole Foods Market, a plenty and more. 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