How can you correlate a company stock's performance with overall market performance.
Suppose if market are high from last day close and a stock of a specific company in negative [fallen from previous close]
Should we perceive it as an opportunity to invest in this company and make an assumption that it will go-up with market sooner.
OR Should we think other way around that market is too high and some profit takers will come and market will go down in future; so the stock which is already gone down will go down further.
Is there a right approach more specially for day traders.