The stock market’s outlook has changed with the near-term trend reversing down. But the bull market is still intact, and any pullback of 5%-8% will provide both traders and investors with excellent buying opportunities.
The downturn has been accompanied by gaps down, increased volume and bearish breadth, along with a big jump in volatility. Traders should pursue short-term bear market strategies. But longer-term investors should focus on “buy under” prices and refrain from new positions purchased “at the market” until the current decline’s force is more clearly defined. Expect more volatility since daily price movements are, like last fall, being influenced by daily economic and political developments in the United States, Europe, and Asia.
Here are your top stocks to buy for March: