Neither the earnings discussion nor the possibility of a hard landing in China have found their way into mainstream media yet, which is concerning.
Strategies
3498 posts
Bob Gay is founder of Global Equity Analytics and Research Services [GEARS]. He manages 4 investment models on Covestor.
I was recently asked to explain my selling methodology. Let me highlight a couple of points on this topic.
Is there buried treasure in your back yard? There could be if you live in northern North Dakota or Montana. For the rest of us, there are these stocks.
The core forces that were at work for the last 12 months haven't changed and should reassert themselves once these big hedge funds have been blown out of this market.
My favorite scenario is a panic sell-off, because a reaction trade on the long side would offers what I consider a compelling risk-reward situation.
We have been able to identify companies with undiminished and even enhanced long term prospects that have sold off along with less promising ones. Here are three.
While painful at first, as a longer-term investors I’d welcome this as a buying event - just another small mark on the overall, historical market uptrend.