3 reasons why now is the time to buy the Iran-war-driven dip in stocks, investment strategist says
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- Jeff Weniger sees a buying opportunity after the Iran-war-driven sell-off.
- He highlighted the VIX hitting 30, indicating the type of peak market uncertainty that happens near bottoms.
- Weniger also pointed to rising S&P 500 earnings estimates and high pessimism around a war resolution.
Dip-buying has begun in earnest after a rocky few weeks for stocks that saw the S&P 500 fall as much as 9%. One Wall Street strategist says it's right on cue.