Today marks the last day of the October 2018, the month that saw the worst market conditions since 2012. The Dow tumbled nearly 1,000 points halfway through the month, and despite overall positive earnings, stocks were hammered again and again. But finally, things seem to be settling down… That is, until mid-term elections.
On the latest installment of Varney & Co., Shah Gilani, despite remaining bullish throughout this “Red October,” says that there’s still a lot of nervousness that the market has yet to recover from. But, as always, situations like these that present investors with ideal buying opportunities – now’s the time to bargain hunt. Then, later on the show, Shah reveals which tech stock he’s ready to get back into, despite its controversy.