Warren Buffett still advises us to “be fearful when others are greedy and greedy when others are fearful.” Baron Rothschild would tell investors, “The time to buy is when there’s blood in the streets, even if the blood is your own.”
If you can spot fear, as they did, you stand to make a fortune.
Look at Online Brokerage Stocks
Online brokerage stock took massive hits in recent weeks on commission wars.
TD Ameritrade, E-Trade Financial, and Interactive Brokers after Charles Schwab said it would cut all commissions for stock trading, ETFs and options. Days earlier, Interactive Brokers Group rolled out its IBKR Lite service, which also cut commissions for U.S. listed stocks and ETFs.
The reaction to the news sent great stocks far too low, far too fast, on far too much fear.