[Watch Now]: 3 Signs it’s Time to Buy the Dip

Nasdaq TradeTalks Danielle Shay Jill Malandrino

Click on the image above to watch the full, TradeTalks segment on 3 Tips to Buy the Dip. 

 

This week in NYC, I stopped by the Nasdaq Marketsite in Times Square to meet Jill Malandrino and discuss the current market pullback. Since the trade war news last week, the market has been tumbling, and investors everywhere were looking for reasons to start buying the dip.

In this video clip, we discuss three key methods that I use. I look for:

  1. Hold of support and an oversold condition in the indexes, particularly the S&P and the Nasdaq
  2. Behavior of the market leading stocks, focusing on Microsoft, Adobe, Amazon, Apple, Facebook, Netflix and Google
  3. A high put/call ratio signifying that the market is slanted, and too many investors are short, rather than long, unbalancing the marketplace

These three combined conditions cause me to look for an oversold bounce. This doesn’t mean it’s ‘the’ low forever, it just means that the market is getting oversold, will likely bounce, and I want to trade the short-term move higher.

Check out the video above for the Three Signs, and what I saw last week in particular in the Nasdaq, Microsoft, and the put/call.

You can also check out my full article here: https://new.nasdaq.com/articles/3-key-focuses-to-identify-buys-on-the-dip-2019-08-13

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