Environment

Here’s why we only bought 1 stock this week, despite the market being oversold

Traders work during the opening bell at the New York Stock Exchange (NYSE) on Wall Street in New York City on August 16, 2022.
Angela Weiss | AFP | Getty Images

The Club has taken a restrained approach to the oversold stock market in recent days, making only one purchase after an assertive buying spree the week prior. In a volatile market, investors’ best course of action sometimes is doing very little, or nothing at all.

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