The odds are against you if you try to find a long position in a broadly declining market, as it is happening now.
Too many sectors are weak. The odds are against you if you try to buy stocks hoping to find a deal. I think it is better to wait for the market to gain momentum on the upside and then buy the strongest sectors.
Or, to put it in a different way, you do not want to try to catch a falling knife.
More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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