Premium Only Content

Not every dip is a buying opportunity: Strategist
The markets bounced back on Tuesday following a steep sell-off on Monday, but the major indexes (^DJI,^GSPC, ^IXIC) are still well off their highs. Should investors buy the dip? Interactive Brokers chief strategist Steve Sosnick joins Market Domination Overtime to share insight into what investors need to know if they want to buy the dip. "Not every dip ultimately proves to be the buying opportunity... That's why I'm still looking to see if the carry trade has more to go. One of the things I've been watching is the Japanese Topix bank index, which has underperformed the Nikkei (^N225), it was down double digits both days. And then yesterday when Nikkei was up 10% it was up 4%. So I still think that if the Japanese are worried about their banks, maybe there's something out there. So there's a there's a push-pull," says Sosnick. "Yes, stocks tend to go up. And, as a result, dips tend to be good buying opportunities, but they're not 100%," he adds. He reminds investors, "If a day like yesterday freaks you out, you're carrying too much risk."
-
LIVE
Darkhorse Podcast
3 hours agoThe 296th Evolutionary Lens with Bret Weinstein and Heather Heying
296 watching -
LIVE
StoneMountain64
47 minutes agoI can't stop playing BATTLEFIELD 6
35 watching -
LIVE
Jeff Ahern
1 hour agoNever Woke Wednesday with Jeff Ahern
142 watching -
1:24:59
Sean Unpaved
4 hours agoPrime Pulse: Yamamoto's Gem, Mendoza & Simpson's Title Quest, & NFL QB Rule Shift
23.3K1 -
2:38:53
The Shannon Joy Show
5 hours agoCharlie Kirk Killing Exploited For Trump’s Everything War - Insurrection Against The Constitution
28.6K13 -
10:54
Midwest Crime
3 hours agoTrain Platform Killer Caught on Camera
7.02K1 -
10:02
China Uncensored
3 hours agoChina Has LOTS of Regret
7.87K13 -
30:39
The Boomer Effect
4 hours agoBurnout Is Not a Badge: Redesign Your Life
4.84K -
1:59:46
Steven Crowder
6 hours ago251 Racist Slurs: Politico's Bombshell Leak is a Massive Nothingburger
366K325 -
1:03:44
DeVory Darkins
3 hours ago $27.73 earnedDemocrats are PANICKING over SCOTUS hearing as Young Republicans chat group explodes
84.6K70