Don't buy Thursday’s dip: strategist
Video Credit: Reuters Studio - Duration: 04:14s - Published
Don't buy Thursday’s dip: strategist
As the Nasdaq fell 5% intraday Thursday, Crossmark Global Investments' Victoria Fernandez, who last month advocated trimming positions on big cap tech stocks, says the market may have further to drop.
She tells Reuters' Fred Katayama investors should later buy consumer staples, utility, and energy stocks.