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Strategies & Market Trends : Bear!

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From: Harshu Vyas5/1/2024 9:53:14 AM
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Perhaps this time is the real deal. Earnings season is proving to be rough. SBUX down 15% and will be testing its 2022 lows. Companies with excessive leverage have also sold off in recent days. The likes of WBD etc.

LEG, CVS also getting hit now. Sheesh!

Still feel small stocks are the way to get through this. Especially those that lack debt. Speculation hasn't really found its way to these names and the sheer cheapness is exciting. Problem is, of course, the companies I'm finding are mediocre, commodity businesses. I really don't want to be left only holding these when the gems get shot out of the sky and can be found settling on your garden lawn. Have a working plan in place for when that eventually happens. Definitely don't want to "snatch" at the wrong time.
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