"Wall Street Bull's Take on Market Peak, Top Stocks to Consider After Tuesday's Decline"

The recent market meltdown may have been an overreaction, with bargain hunters already making moves to capitalize on the situation. Chris Weston of Pepperstone suggests that the market was caught off guard and lacked sufficient risk hedges, leading to a significant sell-off. However, he notes that such sell-offs have seen limited follow-through, frustrating those short on risk. Additionally, the Federal Reserve's preferred PCE inflation numbers are also a point of interest in the current market climate.