Sympathy for the U.K. Stock Benchmark

Sentiment in the stock market is lousy after a month-long crash.

Despite what felt like never-ending selling, many markets actually had a solid bounce last week. The news isn't necessarily better, but they rose nonetheless.

Based on how bear markets work (including the current one), it is possible that a rally could last for a couple months. Maybe last week was the start of one. Or maybe not. But in looking at what to buy into, it makes sense to consider things that were hit hardest on the way down. ...