A Warning Signal (JCI -4.46%)

Half past today, the JCI is falling more than 4%. That is not a good signal for many investors, including myself. If it’s me, I’ll forfeit my entry to the market until I see something is going to the right side. However, falling prices may mean a bargain when things are on to the brighter side.

I suppose today’s and this week’s falling index is because of the effect from Uncle Sam and added with the inflation pressure.

Some stocks like BNBR, ELTY, and LPKR suddenly look attractively priced. Well, all the stocks look attractive now. But, there’s worry that the index will never bounce up. If that happens, however attractively price the stock is, it’ll never rise in value. And, I see little reason to buy them now with negative sentiment so high.