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The selloff is overdone

May 6, 2022 : Permanent Link

(Opalesque) Authored by Heeten Doshi, founder of Doshi Capital Management: Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year, the risk-reward is skewed to the upside. This is the worst start for the stock market in 80 years.

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