- 1 year ago
Welcome to Episode #23 of the Value Investor Podcast
Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks.
The end of the year is time for reflection and in 2016, there was a lot of reflection an investor could do.
While everything is ending rosy with the indexes hitting new all time highs, the year began with a stock market sell off that was so severe, the first 10 days of January were the worst for the stock market in 100 years.
Sheer terror gripped stock investors to start the year.
January saw the Dow Industrials finish down 5.5% and the NASDAQ fell 8%. The selling continued into February as crude dropped to new multi-year lows of $25 and there were calls that it would go as low as $10.
The small cap stocks were smoked, falling more than 15% in this time period.
It was the end of the world. Or so it seemed.
Did you buy when e