My “HOT” stock — no buys!

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CMC Markets’ chief market strategist, Michael McCarthy, explains why he has no buys to suggest in this volatile market.

“I have no buys to report,” says Michael. “Market behaviour is clearly signalling we are still in sell-off mode.

“The strongest bull run in history may lead to the most ferocious bear,” he said. “Share prices could go lower than any of us imagine.”

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