What to Buy for a Down Market

From Alex Rosenberg at CNBC:

Of course, just because a stock hasn’t been correlated to the overall market in the past does not mean that the relationship will hold into the future. In extremely trying times, correlations are infamous for rising due to contagion risk.

More generally, investors have historically proven to be better off when they ignored their worst instincts of fear and greed and stuck to a sensible asset allocation in good times and bad.

“I strongly advise investors not to buy a stock on the premise that the market will go lower,” stock picker Eddy Elfenbein of the Crossing Wall Street blog wrote to CNBC.

Posted by on August 20th, 2015 at 2:05 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.