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Friday's market sell-off a 'technical-driven unwind'

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Scott Ladner News

Chief Investment Officer

Stocks (^IXIC, ^GSPC, ^DJI), have taken a downturn as markets process a weaker than expected jobs report. In light of this, Horizon Investments chief...

In light of this, Horizon Investments chief investment officer Scott Ladner joins Wealth! to share his insights on the current market conditions.

For more on this, we're joined by Scott Ladner who is the chief investment officer over at Horizon Investment.Uh Hey, Brad, thanks for having me.Um You know, it, it, it has been a pretty solid run up for most of this year. So what should the mindset be for those who are trying to make sure that they're strategically picking parts of the market that are sustainable enough for them to see opportunity right now and, and perhaps get in.If you know, if you, if you need money in the next few weeks, just gotta stay out because this is just too uncertain right now.Um You know, there's things going on in the market structure, that's a little bit goofy right now.

Um Probably start buying some of these tech names, probably, you know, kind of double down on some of the energy and the utility names. Um But, but we are, we, we are seeing a recession, trade, trade being priced in and that's just a train you can't get in front of with both feet to start, really.

 

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