With consistent selling pressure pushing the S&P 500 Index ($SPX) and Nasdaq Composite Index ($NASX) into correction territory, there is good reason for investors to be antsy right now. Concerns about a protracted market downturn are ravaging investor sentiment.
Although buying the dip has been the best strategy over at least the past decade, for many investors, buying anything in the current climate can feel too dangerous. Selling pressure is building, and even some of the most defensive stocks may see downside pressure.
