Not every dip is a buying opportunity: Strategist

preview_player
Показать описание
The markets bounced back on Tuesday following a steep sell-off on Monday, but the major indexes (^DJI,^GSPC, ^IXIC) are still well off their highs. Should investors buy the dip? Interactive Brokers chief strategist Steve Sosnick joins Market Domination Overtime to share insight into what investors need to know if they want to buy the dip. "Not every dip ultimately proves to be the buying opportunity... That's why I'm still looking to see if the carry trade has more to go. One of the things I've been watching is the Japanese Topix bank index, which has underperformed the Nikkei (^N225), it was down double digits both days. And then yesterday when Nikkei was up 10% it was up 4%. So I still think that if the Japanese are worried about their banks, maybe there's something out there. So there's a there's a push-pull," says Sosnick. "Yes, stocks tend to go up. And, as a result, dips tend to be good buying opportunities, but they're not 100%," he adds. He reminds investors, "If a day like yesterday freaks you out, you're carrying too much risk."
#news #youtube #stockmarket

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Follow Yahoo Finance on social:

Рекомендации по теме
Комментарии
Автор

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

JennaHerberholz
Автор

The ability to hold onto stock with potential and stay the course without being panicked into selling can only be commended.

jessicathinkscreative
Автор

Because some big players can't enter a stock due to retailers holding the market. Somehow that frustration comes to in news like these.

LighteningOne
Автор

Global industries on Google what people also ask, please go through every arrow down

Bournechris
Автор

Praise to God Almighty!!!! I'm favoured $150k every 4weeks! I can now give back to the locals in my community and also support God's work and the church. God bless America 🇺🇲💗💓💗💞

Thanks to Maksim konstan

HannahRoberts-sg