Investors Are Torn Between Selling Equities or Buying the Dip

Stock exposure is high enough to cause a sharp risk-off move, yet light enough to spark a round of dip-buying, and all it would take is a single headline.

US equities have whipsawed in recent days as traders track headlines from the Middle East. Tensions are building at a moment when various forces that could pull the market higher — or lower — are at play.

Technical charts are giving their own buy or sell signals, while the impact of tariffs and higher oil prices on the economy and earnings isn’t clear to investors yet. Federal Reserve Chair Jerome Powell ...