When markets refuse to respond to negative news with continually falling prices, that's sometimes a sign of bottoming action. Here are two stocks we are purchasing.
The mantra I adhered to – both while leaving Colgate and sitting at the trading desk – was first to take a deep breath, and then focus on the higher reality: we had planned for this and we were in a pretty good place.
The large correction in August increased the population of depressed share prices and created buy opportunities for companies showing the Surprise pattern.
After such a big correction in the equity market, the probability a full-blown bear market increases if earnings start to slow down significantly.
We believe that TIPS have a significant place in portfolios to protect against inflationary erosion of the monetary base.
I expect the market to be rocky for some time to come. In the long run, though, I expect well run companies with strong market prospects to do well.