Key Points
Despite the fact the valuations are high and there are many headwinds both in terms of geopolitical risk and central banks policy making, the correction which is taking place in the market is not of the same magnitude which in the past such mews flow has brought..
So at one level while the correction is taking place but at the same time, the under current is still that of hope..
In such times of divergence, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to ones thought process while buying stocks..
Refinitivs Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of buy or "strong buy"...
If the market reacts to negative surprises or what is commonly called below estimate by any company with a minor cut in stock price, that means that liquidity is very high and the street gets into a mood of giving pardon..
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