Posted by laulau > 2018-02-05 00:48 | Report Abuse
Just Sharing...4 Tips From USA Today For Tomorrow... :)
1. Don't panic and stay the course
If you flee stocks now, you're going to miss out on potential gains ahead.
Economists remain bullish on growth. "We expect fiscal policy, financial conditions and firming global outlook to support strong economic growth of 2.7% in 2018," Nomura economist Lewis Alexander said in a note.
Experts have been predicting a correction. From the Dow's peak of more than 26,000 in late January, it would take a 2,600-point drop to hit that 10% level, and Alan Skrainka, chief investment officer for Cornerstone Wealth Management, has been predicting that's what will happen this year.
2. Consider buying the dip
Should you take advantage of the dip to buy more stocks?
The bull market is showing its age but few think the good times are at an end.
The U.S.'s unemployment rate, at 4.1%, is at the lowest level since December 2000. The tax-cut package delivered some of the biggest gains to corporations, and the benefit to profits is likely to support stock prices through the rest of the year.
But if you decide to snap up shares at lower prices, be selective, advises Joe Quinlan, chief market strategist for U.S. Trust. Consider your tolerance for risk over the long run, because your nerves are going to be tested as the market gets bumpy amid rising long-term interest rates.
In the U.S., Quinlan sees opportunity in financials, health care and industrials. Looking abroad, he favors stocks related to the e-commerce boom in China and robotics production in Japan.
3. Or wait and watch
The market may rebound in a big way following the recent turbulence, but it may take time..
Sam Stovall, chief investment strategist for CFRA, is predicting further declines before stocks stabilize. Given that the market has gone so long without a major setback, investors may be leery about jumping back in right away.
4. Realize the sell-off is a blip
Since 1900, the U.S. has seen 125 corrections of 10% or more, which is about one a year. Yet the market always goes on — and eventually up. Since 1980, the stock market has had positive annual returns in 28 of the last 37 years, Skrainka points out.
Remember that the drop Friday follows a 25% rise in the Dow last year.
"It’s really not much of a sell-off," says Stephen Janachowski, CEO of Brouwer and Janachowski, a wealth management firm based in Mill Valley, Calif. "A 3% to 5% decline doesn’t scream 'buy' or 'sell.' "
Investors who are already invested should take a deep breath and sit on their hands, he says. Those who were looking for an entry point can gradually buy into the market if it falls further.
https://www.usatoday.com/story/money/markets/2018/02/02/4-tips-following-stock-markets-666-point-drop/302443002/
Posted by ChloeTai > 2018-02-05 06:24 | Report Abuse
Hopefully miracle will happen. It is just one day affair drop. Just like Brexit, only took half a day to rebound.
Posted by Mohd Fahmi Bin Jaes > 2018-02-05 06:26 | Report Abuse
Prepare 2 days
Posted by ivan9511 > 2018-02-06 12:27 | Report Abuse
ivan9511
1996 posts
Posted by ivan9511 > Feb 4, 2018 12:41 PM | Report Abuse X
Actually now penny can survive.
tomorrowb start maybe finance bank and bluechip will suffer
see my advice
I already said before early
now penny maybe can survive other down
I said before that
Posted by Junichiro > 2018-02-06 12:51 | Report Abuse
The consequence of exit fr QE 2. PPl thought that when bond yields start their climb, the Dow will go up n up.
Now which is which? Interest rates goes up - Dow goes up or Interest rates goes up - Dow goes down.
No result.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by ivan9511 > 2018-02-04 12:41 | Report Abuse
Actually now penny can survive.
tomorrowb start maybe finance bank and bluechip will suffer