Stock market sell-off: Investing strategy, how to trade for recovery - Business Insider

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A fund manager at a $629 billion firm lays out his strategy for 'making money at the expense of machines' during the stock market's sell-off — and shares 4 sectors he's betting on

, the Dow Jones Industrial Average shed over 800 points, and the tech-heavy Nasdaq plunged almost 5%, Steven Chiavarone thought investors should not panic but stay put.

The S&P 500's relative strength index, which is a momentum indicator that measures the speed and change of price movements, hit 80 on Thursday. Meanwhile, the large-cap index was trading 15% above its 200-day moving average for the first time since January 2018. However, if a meaningful pullback happens, Chiavarone said he has "absolutely no qualms about making money at the expense of the machines that don't understand the whole picture."

 

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Stock market sell-off: Four market analysts explain the moveStocks ended sharply lower Thursday with high-momentum tech stocks including Apple leading the way down. Four market experts explain the move and what could come next. TradingNation And $KCAC up 106% after market TradingNation Why do they think they have any idea? They all just guess. It’s a joke! Get them off the tv bc they legit don’t know!!! Nobody does!! TradingNation Trump saying he will use the American people to experiment on with a Covid_19 vaccine, while he is unwilling to follow basic science and wear a 😷 while holding rallies spreading Covid_19 as 190,000 Americans are dead! Of course the markets are plummeting, Republicans lie!
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Stock trades to make, 4 value sectors to buy for the economic recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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