A lot of fear in the markets with the recent news on possible outbreak of Avian Flu and intense situation in North Korea. Mind you, the recent movie “Olympus Has Fallen” describes a possible scenario which North Korea may pursue. Of course, the movie has a lot of areas that is quite unreasonable, but for an action packed movie, it does its job!
With all this fear in the markets after seeing the drop of 600+ points in the HSI last Friday, it maybe time for some low beta stocks!
Even with the stock picking skills, it is much much harder to outperform during down trending markets. You can sow the seeds of future success, but you need to be patient. Perhaps when markets turn upwards, it may be time for high beta stocks then!
|Stock||Last C. Price||Adjusted Beta|
If you have formed an idea of a price you would like to buy for example, setting a limit order is often wise but requires much much more patience.
Picture from the below link:
– Mr. Alpha