Capital News Portway Capital Global Stocks Will Bounce
Portway Capital: Current sell-off in equities presents lucrative opportunities for bold investors
Portway Capital are thought to be expecting share values to rebound from technical levels after bourses around the globe retreated on recession fears.
A source close to Portway Capital said that although the markets were demonstrating acute volatility, bold investors had been presented with opportunities for “buy the dip, sell the rally” trading methods.
The Dow Jones Industrial Average lost 3% of its value in one trading day this week whilst its counterparts around the world suffered similar losses. Portway Capital source suggested that, in many cases, “the baby was being thrown out with the bathwater” and traders at the Europe - based wealth management firm were “extremely active”.
General consensus among industry commentators, including Portway Capital, is that until the US economy begins showing signs of a line under the credit crisis, markets will continue to exhibit volatility.
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