So the prevailing narrative from August has played out perfectly: "September is always a blood bath of selling."
It was a fairly obvious and predictable situation, and if you chose to retreat into cash, you avoided some breathtaking losses.
The second part of that narrative was that October would bring face-ripping rallies. However this phase I'm more wary about. I'm not sure bounces will be so broad-based. There's sectors and companies that will probably continue to be hated as they were in Sept.
So what is your sure bet that has been disproportionately and unfairly sold off in the carnage? Which are the ones that will obey the old saying "you don't get a lot of time to buy the best dips"?
[link] [comments] https://www.reddit.com/r/stocks/comments/16tssv1/whats_your_best_october_recovery_play/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
