Stock Market Enters a Correction: Build Cash
The stock market officially went into a correction yesterday. It’s now time to build cash, then reinvest in the stocks you want if or when they go on sale.
The stock market officially went into a correction yesterday. It’s now time to build cash, then reinvest in the stocks you want if or when they go on sale.
The stock market is teetering on going to go into a correction or continuing higher. Monday, Tuesday and Wednesday it will decide its next course of action.
2013’s stock market rise has taken away some of the upside it had going into the year. Stocks were really on sale, now they’re just on sale.
I think people are too complacent right now and investors should wait for a pullback before making big purchases.
My analysis of the current market fundamentals points to a 21% rise in the stock market in 2013 and a total gain of 46% between now and the end of 2014.
Obama won the exection — as expected — and investors hit the exits. How much can stocks drop? My worst case is 10%. In reality they will probably rise 20%.
The stock market’s been solid and stable during the second half of 2012, as the Dow Jones Industrial Average has climbed higher.
Investors Business Daily reported today that the stock Nasdaq started a new rally on Friday. That’s great, I just don’t think the rally will be a strong one.
After the swift rise the stock market had in the first quarter, we were due for a pullback. Now the market’s oversold and ready for another rally.
The stock market’s gains made in the first quarter of 2012 has taken away half the upside potential the market had. Stocks just aren’t as cheap as they used to be.
The stock market went into a correction yesterday. Good. Things were getting rtoo easy, we needed to take a break and wash out the weak investors.
Jeremy Siegel — one of the best stock minds of our time — says “compared to bonds it’s one of the cheapest markets — stock markets — I’ve seen.”