Forget tariffs, dumping will be real headache: 23 stocks from one sector & its sub-segments where real business may be hit

Spikes in stock prices may often be a result of sentiment moving from over-pessimistic to neutral territory. This is especially true when there is a sudden movement in stocks of an entire sector without rhyme or reason. To put this in perspective: Why did metal stocks rally on Friday? Had the demand for steel and copper increased in the previous 48 hours? No. They witnessed a strong upmove because metal stocks are a proxy for China. And from a fear zone for bears, who had taken short positions, they moved to the comfort zone for bears. So, for now, take any sudden spike in any set of stocks which are related to China with more skepticism than optimism.