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Yet Another “Buy the Dip” Opportunity By StockNews

by Mike Robinson

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© Reuters. Yet Another “Buy the Dip” Opportunity

The market gods have once again presented us with another juicy “buy the dip” opportunity after the S&P (SPY) tumbled on Tuesday. All this is based on a false story about Fed’s increasing hawkishness. Find out why rates are rising will not affect the bullish outlook. Continue reading.Enjoy this update of my Weekly Commentary from Reitmeister Total Return.

Investors finally understand that the Fed is getting more hawkish. Last Wednesday’s Fed announcement was incredibly clear on that front leading rates to finally head higher. This led to yet another “Ticker Tantrum” sell off on Tuesday.

Let’s once again review the facts of the situation and why this is a premature and foolish move. Meaning this is another “buy the dip” situation with the bull market having plenty of room to run higher.

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