In recent past ever since correction began from Oct 2021, there have been many instances where indices have fallen 10-15% and have taken many stocks down with it to the tune of 10-15% or higher. I am okay as long as my portfolio stocks fall due to general market weakness, (though I would prefer to see them standing strong. ) The worry is when markets are steady or uptrending and my portfolio stocks are going down consistently. In such situations, I would like to take a closer second look at the investment argument and check my thesis. If there are any chinks in the armour, I would prefer to take necessary action.
The other situation where I often sell my portfolio stocks during a market meltdown is when I see much better opportunities in other stocks which also have corrected due to general market weakness. Idea is always to move into companies with strong business and price momentum. If price momentum is weak all across companies, I would prefer companies where the investment thesis is clear and simple and earnings visibility is predictable and strong.
@Shakti_Srivastava You have already highlighted the big negative about IEX in your query. Its prone to disruptions and govt policies. So why should there be a question of putting it in my core portfolio?
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