by Ines Ferré
“The names that have really benefited since mid-June and the last Federal Reserve meeting have been the highest beta areas of the market".
"I think using this time, this countertrend movement, to raise some cash and to provide yourself some optionality for what should be a push towards new lows, is what we would be advising here."
"The movement that we’ve seen over the last couple of weeks is unlikely to be durable upside".
"The average bear market for the broader S&P 500 has taken roughly a year to bottom, but this can be much longer for individual equities (if they recover at all)".
"Investors should ask themselves if the investing case for owning the stock has fundamentally changed and what the timeline for the invested money actually is".
Leaning into quality and being relatively conservative when it comes to stretching for yield.
Source: Yahoo Finance
https://finance.yahoo.com/news/what-wal ... 26387.html
