Synopsis
On Thursday, the bulls were all over the street. On Friday, it was the reverse. Whether the market is in the grip of bulls or bears, always be cautious and selective. Now, when the street is in the red, you need to be cautious so that you are not caught up in the short-term narrative and sell at the wrong time. Also, avoid the urge to average out. As an investor, look at every sector and company in terms of both their operating and valuation matrices. If the operating matrix is showing an improvement, that’s good. You can then ignore the bearish noise on the street. Our selected stocks today depict a strong upward trajectory in their overall average score which is based on five key pillars – earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
At times like these, when investors look at their portfolios and feel happy one day and sad the very next, remember one thing. The market has its cycles, but the fundamentals of an industry have different cycles. Also, when volatility is a given, the only thing you need to see is whether that volatility has a bullish or bearish bias. Focus on industry cycles rather than market cycles, the latter will repeat many times in a year. It is what
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