Buy the dip? Why the stock market’s bounce off January lows may prove premature
A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of stocks in January, some investors have shown interest in ‘buying the dip,” wrote Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in a … Read more