Things have gotten way out of hand with the trade war.

After weeks of intense fighting between the two economic superpowers, Dow futures are pointing to a 230-point drop at the open. All after the press reported the U.S. was considering restrictions on Hikvision – a Chinese surveillance equipment provider – from buying U.S. components.

“The U.S. is considering cutting off the flow of vital American technology to as many as five Chinese companies, reported Bloomberg, citing unnamed sources, “widening the dragnet beyond Huawei to include world leaders in video surveillance. The Trump administration is concerned about their role in helping Beijing repress minority Uighurs in China’s west.”

If that’s the case, the move would mark further escalation in a troubling trade war.

However, in many cases, we believe the fear has been priced in.

In fact, we may have run into what’s known as “peak fear,” which is leading us to buy stocks that have been severely beaten up. All we have to do now is buy and hold, long-term. We have to jump into the fear aggressively and just wait it out, in our opinion, as others run scared.