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Don’t buy the dip, legendary investor Bill Gross warns. He likes three stocks for now. - MarketWatch

1. Bill Gross warns against buying the dip after market drops. 2. He suggests investing in AT&T for its safe dividends. 3. Current stock RSI readings indicate potential overbought conditions. 4. Market turmoil follows Trump's tariff announcements affecting the broader market. 5. Gross compares the situation to impactful economic events of the past.

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FAQ

Why Bullish?

Investors may seek safety in AT&T for its dividend amid market volatility. Historical trends show that dividends support stock prices during downturns.

How important is it?

Gross's influence and focus on AT&T may drive investor interest and stock activity.

Why Short Term?

Gross's endorsement may lead to immediate interest in AT&T shares, but overbought signals suggest caution. Similar endorsements in past downturns have often led to short-lived rallies.

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