‘Buy the Dip’ Believers Are Tested by Market’s Downward Slide

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‘Buy the Dip’ Believers Are Tested by Market’s Downward Slide
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This year’s stock volatility has turbocharged a favorite strategy among individual investors: buying the dip. The dramatic market plunge will test their resolve.

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On Thursday, when the stock market had one of its worst days of the year, individuals rushed in, setting a one-day buying record. In March, they invested the largest ever monthly sum, according to Vanda Research data beginning in 2014, and continued to pour money into the markets in April.

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