Don't rush to buy today, says DataTrek's Nicholas Colas

Nicholas Colas, DataTrek Research co-founder, joins 'Power Lunch' to discuss the market sell-off and volatility.

[patrica]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,

[JuneTalley]

Well, 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 plummeting stocks that were once revered and I don't know where to go here out of devastation.

[jameswood]

The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.

[matthew.m.stevick]

Nick is really good. I bought, but it was more NVDA at $92. The GOAT.

[Redwood]

I got out of the real estate investing market about a year ago. I think its time to get into the stock market for a while. whats the best strategy to invest around 200K in this current market crash

[MrJigarercivil]

Keep buying guys...make decent portfolio and leave for 10-15 years

[LJDaGreattt]

Don’t rush to buy don’t rush to sell keep your advice to yourself we watching for our own risk

[jaybird]

I'm just here for the continued investment propaganda.

[sebtonz]

A reconciliation long overdue!!! Strap in folks, the ride is gonna loosen your fillings!

[MrJigarercivil]

No one will be able to catch bottom or high...keep investing for 10-15 years and you will be wealthy

[wkusam]

I bought a ton today, and on both drops last week. Not listening to this guy.

[CapAnson]

Aww dang it, I rushed to buy today already.

[knt]

The Market Is Too High or Is In Recession Or Because. Of A Big Guy Sell Off While Some Follow. As Investor, You Must Have A Vision And Some Perspectives To See Where Things At And Where Things Are Going. The Economy, Political Stability, And Others. Sincerely❤❤❤, KNT.

[sunrizen]

Historically, if you perfectly time the bottom you got lucky. Being close counts in horseshoes and stocks. You still win if you bought today and hold long term.

[keto]

No SELL MORE so HE can buy more of your shares!

[ernestoapolonio]

Buy after ww3 🙌 just believe and enjoy for now 🙏 more end times events ahead 🙌 most exciting moments in our lifetime happening now ❤️

[gregthekillswitchchaffin]

Damn I just got in for a dollar on some companies gamestop 2.0

[manuvns]

Dollar cost average on the way down until you run out of money !

[JRS-iqpz]

I'd like to see the SP500 come down another 1000 pts. Down to around 4000.

[SirManselus]

It seems certain stocks are undervalued, flying under the radar despite their potential. You can't help but wonder when the market will recognize their true worth. How can I invest $600K wisely to ensure our future security?