Forget tariffs, dumping will be real headache: 23 stocks from one sector & its sub-segments where real business may be hit
Spikes in stock prices may often be a result of sentiment moving from over-pessimistic to neutral territory. This is especially true when there is a sudden movement in stocks of an entire sector without rhyme or reason. To put this in perspective: Why did metal stocks rally on Friday? Had the demand for steel and copper increased in the previous 48 hours? No. They witnessed a strong upmove because metal stocks are a proxy for China. And from a fear zone for bears, who had taken short positions, they moved to the comfort zone for bears.