WWW - The Best Stocks To Buy On A Sell-Off
Tailwinds due to seasonal tendencies finally abated this week.
Last week, I mentioned the blame for a sell-off could fall at the feet of the coronavirus, or an impeachment surprise, or trade worry. It appears the dubious winner of that contest is the coronavirus.
We shouldn't ignore the potential negative economic impacts associated with curbing coronavirus in Asia, particularly since economic contagion could further threaten an already struggling U.S. ISM Purchasing Managers Index (PMI), which clocked in at 47.2 in December, the lowest level since June 2009. However, sell-offs are usually more about mean reversion