Since the market is whipsawing at this moment, it is worth the risk to put cash into BONDS since it is quite hard for the US to increase its interest rates anytime soon.
The Junk Bonds counters are interesting investment ideas – namely JNK and HYG. Both of these Bonds ETFs hold junk bonds that give high yield of about 8 to 15%.
JNK is a good buy at $40 and HYG is a good buy at $90.5 for a nice yield of 10%
Meanwhile, we can start looking to purchase financials stocks which have taken a beating due to the blurry regulations ahead.
The steel industry is still roaring steadily, while the TECH sector has taken a big slap.
When the time is ripe, purchasing TECH stocks will be a boon again.
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