Russia’s Attack on Ukraine: ‘Now Is Not a Time to Be Buying the Dip’ in Stocks, Cautions Wells Fargo Strategist

MarketWatch2022-02-25

The risk of even higher inflation following the invasion of Ukraine is a ‘main concern’ for investors, says the head of global market strategy at Wells Fargo Investment Institute.Investors should ...

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Comments

buffetjoking
2022-02-25
buffetjoking
ok
ZenInv
2022-02-25
ZenInv
Volatility is a manifestation of the differencein opinions
SoulMetta
2022-02-25
SoulMetta
Yes patience. Thanks
Jellyrainbow
2022-02-25
Jellyrainbow
My point of view: If the stock has been on your watchlist for a period of time and now going down due to war and uncertainty all around the market, can consider buying the dipand hold. If you manage to scoop your stockat a discounted price, you're luckier than many of those who entered at a relatively wrong timing or pricings. If there's any stock thatyou starting to lose conviction but still can gain profit, maybe can consider selling or shorting, gain some profit first and enter again when the price go down(only if you know the price will continue to fall) the market hasn't been kind to any of us esp retail investor, as we don't have any insider news or network which allows us to take action beforehand.By the time we saw the news, we somehow one step slower than the others
ming22
2022-02-25
ming22
Cannot predict 🔮... Look for good company, buy and hold
Arvinraju
2022-02-25
Arvinraju
Historically the market seems to perform well after a short period of uncertainty.

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The S&P 500 index SPX, +1.50% was down 0.5%, deepening its fall into correction territory.While investors have been anxious about geopolitical tensions surrounding Ukraine, a full-scale invasion of the country by Russia was not priced into markets, according to Christopher. The stock market is on its “heels” ahead of anticipated rate hikes by the Federal Reserve, possibly as soon as next month, to tame high inflation that risks running hotter because of the invasion, he said.While some investors may also be worrying about the potential for another “Cold War,” he said it’s not clear Russia would have the economic resources to expand its “imperial reach” and subjugate countries in a buffer zone around its borders like in the days of the former Soviet Union.President Joe Biden on Thursday, while announcing new international sanctions against Russia, said it was still too early to tell if the conflict in Ukraine could be contained or if it would spill over into another Cold War.“The more immediate worry for investors is what happens with inflation,” said Christopher, pointing to potential disruptions to the balance of supply and demand in energy, aluminum, nickel and fertilizer. That could push up prices. “With inflation running at 7.5% year-over-year, that spillover is the main concern for investors.”Read: Ukraine invasion stokes stagflation worries because Russia is a ‘commodity superstore’In Christopher’s view, rate hikes by the Fed aren’t “off the table” despite the turmoil created by Russian President Vladimir Putin’s decision to attack Ukraine on Thursday. While “a more moderate Fed going forward seems likely,” Christopher said that with the economy still growing “they could easily still do a quarter point in March and then just say ‘we’ll be data dependent’.”In the meantime, Christopher said he continues to favor U.S. stocks over international equities, saying Russian-related tensions likely will weigh more heavily on European markets.The STOXX Europe 600 SXXP, -3.28% index closed 3.3% lower Thursday, while London’s FTSE 100 index UKX, -3.88% dropped 3.9%, according to FactSet data.“Despite its physical size, Russia has a relatively small economy and its largest trading partners are China and Europe,” according to a Wells Fargo Investment Research note Wednesday that was authored by Christopher. “There is little direct trade between Russia and the world outside of Europe and China, so both the sanctions on Russia and damage to sentiment likely will fall squarely on the European economies.”Within equities, Christopher told MarketWatch he continues to like “quality” bets in areas including information technology and communication services, as well as “cyclicals” such as financials and industrials. He said he recommends underweighting defensive sectors including utilities and consumer staples.“We’re not looking for a recession” in 2022, Christopher said. “We think you’ll have a chance to buy equities later this year.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9030473765,"gmtCreate":1645799582167,"gmtModify":1676534065437,"author":{"id":"3582544487144065","authorId":"3582544487144065","name":"buffetjoking","avatar":"https://static.itradeup.com/news/3d0a81ef80b4ca4463ab131fb6019bcd","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030473765","repostId":1107678705,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030488941,"gmtCreate":1645785386595,"gmtModify":1676534064074,"author":{"id":"4098783902581330","authorId":"4098783902581330","name":"ZenInv","avatar":"https://community-static.tradeup.com/news/033bd47e3df1977aaef462f53997e9f1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Volatility is a manifestation of the differencein opinions","listText":"Volatility is a manifestation of the differencein opinions","text":"Volatility is a manifestation of the differencein opinions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030488941","repostId":1107678705,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030435719,"gmtCreate":1645780671447,"gmtModify":1676534063648,"author":{"id":"4094873086317940","authorId":"4094873086317940","name":"SoulMetta","avatar":"https://static.tigerbbs.com/e8ddb558fb5f336f0f9ac37f8e492989","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Yes patience. Thanks","listText":"Yes patience. Thanks","text":"Yes patience. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030435719","repostId":1107678705,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030492093,"gmtCreate":1645775794598,"gmtModify":1676534063377,"author":{"id":"4103603117877480","authorId":"4103603117877480","name":"Jellyrainbow","avatar":"https://community-static.tradeup.com/news/b91db278a244b949519b385c268f8e45","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"My point of view:&nbsp;If the stock has been on your watchlist for a period&nbsp;of time and now going down due to war and uncertainty all around the market, can consider buying the dipand hold. If you manage to scoop your stockat a discounted price, you're luckier than many of those who entered at a relatively wrong timing or pricings. If there's any stock thatyou starting&nbsp;to lose conviction but still can gain profit, maybe can consider selling or shorting, gain some profit first and enter again when the price go down(only if you know the price will continue to fall) the market hasn't been kind to any of us esp retail investor, as we don't have any insider news or network which allows us to take action beforehand.By the time we saw the news, we somehow one step slower than the others","listText":"My point of view:&nbsp;If the stock has been on your watchlist for a period&nbsp;of time and now going down due to war and uncertainty all around the market, can consider buying the dipand hold. If you manage to scoop your stockat a discounted price, you're luckier than many of those who entered at a relatively wrong timing or pricings. If there's any stock thatyou starting&nbsp;to lose conviction but still can gain profit, maybe can consider selling or shorting, gain some profit first and enter again when the price go down(only if you know the price will continue to fall) the market hasn't been kind to any of us esp retail investor, as we don't have any insider news or network which allows us to take action beforehand.By the time we saw the news, we somehow one step slower than the others","text":"My point of view: If the stock has been on your watchlist for a period of time and now going down due to war and uncertainty all around the market, can consider buying the dipand hold. If you manage to scoop your stockat a discounted price, you're luckier than many of those who entered at a relatively wrong timing or pricings. If there's any stock thatyou starting to lose conviction but still can gain profit, maybe can consider selling or shorting, gain some profit first and enter again when the price go down(only if you know the price will continue to fall) the market hasn't been kind to any of us esp retail investor, as we don't have any insider news or network which allows us to take action beforehand.By the time we saw the news, we somehow one step slower than the others","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030492093","repostId":1107678705,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030498628,"gmtCreate":1645774990686,"gmtModify":1676534063369,"author":{"id":"3571044771112848","authorId":"3571044771112848","name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Cannot&nbsp; predict&nbsp;🔮... Look for good company, buy and hold&nbsp;","listText":"Cannot&nbsp; predict&nbsp;🔮... Look for good company, buy and hold&nbsp;","text":"Cannot predict 🔮... Look for good company, buy and hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030498628","repostId":1107678705,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030498095,"gmtCreate":1645774811433,"gmtModify":1676534063328,"author":{"id":"3574983071243520","authorId":"3574983071243520","name":"Arvinraju","avatar":"https://static.tigerbbs.com/64dfc15a80a2e0a14b22f0ef6c748259","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Historically the market seems to perform well&nbsp;after a short period of uncertainty.&nbsp;","listText":"Historically the market seems to perform well&nbsp;after a short period of uncertainty.&nbsp;","text":"Historically the market seems to perform well after a short period of uncertainty.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030498095","repostId":1107678705,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":593,"commentSize":49,"repostSize":0,"favoriteSize":4,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1107678705"}