What does it mean for our Investments?
- Mutual Funds - If still invested in equities then stay invested as market might remain range bound for a while. If in cash/ FDs/ liquid funds then wait for next low risk entry.
- Stocks - ONLY invest in strong patterns with good earnings guidance and DO NOT forget to have STOP LIMIT on open positions. When market is in correction, it will drag everything down with it. Check out our trade size calculator to manage your risk along with potential buy candidates watch list.
Market back into range, stay cautious...