Here's Why I'm Buying the Dip
The S&P 500 index is down almost 6% since its late January peak. It had been down more than 9% in late March -- very close to a technical market correction -- before rebounding a bit in recent days on hopes that an end to the war in the Middle East is in sight.
When the war will in fact wind down -- and oil prices will recede below $100 a barrel -- is anyone's guess right now, as both sides in the conflict remain highly unpredictable. That uncertainty has sent major market indexes whipsawing on every comment and social media post by President Donald Trump about the war and any potential end to hostilities.
As for me, I'm not buying and selling on every new presidential utterance. Instead, I'm just buying the market dip. Here's why.
Source Fool.com
