Individual shares have been pummeled and some very bad damage has been done to a variety of leading shares that have been flying high. I encourage you to work with the Database to see if your portfolio needs to be changed in composition. High quality shares are likely to outperform high beta names. The name of the game has changed from Growth to Capital Preservation. But now there are some very good bargains. See if your favorite names have reached areas you consider as value and see how they are performing against the Benchmarks in the Database. I continue to nibble at some good names, there is very little reason not to. Markets are deeply oversold and you can definitely expect bounces of good quality names.
We are looking to release two free resources in the next week – so keep and eye out for those! Also, remember the 18th is a holiday – President’s day.
Thanks and will release a video of my expectations tomorrow.