1. The current stock market environment is highly dangerous, requiring tactical rotation and options strategies, especially for Baby Boomers aiming to maintain their lifestyle. 2. Investors should prepare a shortlist of stocks to buy post-market downturns, focusing on underperformers and using technical and fundamental analysis. 3. Despite the S&P 500's headline performance, many stocks have lagged since early 2022, indicating a deceptive market and potential contrarian opportunities.