RE:More Tax Loss Selling In The Cards.....?
The further a stock price drops, the more tax loss selling tends to take place among fund managers / investment advisors who produce end-of-year financial statements (even if they still like the company) since if they sell, the stock disappears from the year-end portfolio holdings......
It seems that historically, tax loss selling lasted right up until the final day of current year tax loss eligibility (latter half of December), but in recent years it seems to be ending sooner for some candidates (late November / first week of December), perhaps because fund managers are getting the deed done sooner and off their plate and/or bargain hunters who don't want to miss "the bottom" by too much try to get a jump on picking up these stocks before others hop aboard.....