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Hackett: Go With ‘Buy the Dip’ Until it Stops Working
Manage episode 504060011 series 3645668
“A period of consolidation is not unhealthy and not unexpected.” Mark Hackett looks at the beginning of September trading. Until “buy the dip” no longer works, he adds, it’s probably the best strategy. He contrasts institutional investing behavior with retail investors. Mark is also watching earnings revisions, noting that this is the time of year companies start lowering guidance – but not this year. He also gives his outlook for the rest of the year.
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7190 episodes
Manage episode 504060011 series 3645668
“A period of consolidation is not unhealthy and not unexpected.” Mark Hackett looks at the beginning of September trading. Until “buy the dip” no longer works, he adds, it’s probably the best strategy. He contrasts institutional investing behavior with retail investors. Mark is also watching earnings revisions, noting that this is the time of year companies start lowering guidance – but not this year. He also gives his outlook for the rest of the year.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
7190 episodes
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