From 24/7 Wall Street:
Monday was historic. The Dow Jones had a 7% intraday trading range. The Nasdaq was even more volatile with a 9% intraday trading range. The S&P 500 had gained more than 2% in the space of 12 minutes at one point, and still closed down 4%.
These types of movements are not one offs. They usually come in clusters. And it is very likely that, until the Federal Reserve reassures markets that a rate hike is absolutely off the table, the bottom is not in yet. An announcement of “QE4” may even be necessary. That said, here are four stocks that investors should sell now, especially if the markets open gap up Tuesday morning.