About time for value stocks to shine. In the meantime, on could always use the dip to stock up on good growth stocks.
Dow posts closing record high for 2nd day, boosted by banks
* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Do
If anything, this recent move by the Chinese regulators does provide some parameters as to the sort of drastic measures that they are willing to undertake to protect China's interest. Any prudent investor will have to factor this in mind for any subsequent purchase of Chinese stocks.
This is probably a temporary dip. Nevertheless it serves as a reminder to manage expectations in respect of any overly optimistic target that self driving cars will be rolled out on a mass scale anytime soon , and correspondingly, any skyhigh valuations arising from the same.
Tesla's stock fell more than 4% after reports of fatal crash of vehicle with apparently no driver
Tesla's stock fell more than 4% in Monday morning trading after reports of fatal crash of vehicle wi
While the fine signifies an end to the current investigations by the Chinese authorities, it doesn't preclude that similar investigations may occur if and when the Chinese authorities deem fit to do so. Nevertheless, if you believe in the fundamentals of Alibaba's core business in e-commerce and the growth prospects of its cloud computing segment, the threat of future investigations should not put you off.
Alibaba Analysts Remain Bullish As $2.8B Antitrust Fine Triggers Relief Rally
Alibaba Group Holding Ltd - ADR shares ripped higher by 9.2% on Monday after the company was fined $
At the end of the day, it depends on ones conviction and analysis as to whether you believe the companies in the fund has good fundamentals. There are bound to be market corrections (plural) within a calendar year .