What is The GAME PLAN?
In this week’s stock market update, we are going to review the formal game plan going forward as we navigate the current market panic. In focus will be the ongoing selloff in growth stocks, why it is happening, and whether now is a time to recommit capital to these businesses or to consider a more defensive posture in recession-resistant stocks. We wrap it up with a trading review, by measuring investor positioning and sentiment data to gauge how close or far we may be from a potential oversold market condition.
Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management.