Filed under: International Markets, Forecasts, Indices, Market Matters, S and P 500, DJIA
Looking back just a few weeks, the markets ushered in the new year with euphoria. Within a few short weeks, things have turned sour. The Dow dropped below the 10,000 mark last week. S&P 500 is down 7.3% from its 15-month closing peak.
Now the question facing investors and traders is whether the market is in a corrective phase. Eric Kuby of NorthStar Investment Management Group thinks so. "I'm in the camp that believes that we are in a correction," he said.
Continue reading Are U.S. Stocks in a Correction Phase?
Are U.S. Stocks in a Correction Phase? originally appeared on BloggingStocks on Sun, 07 Feb 2010 16:40:00 EST. Please see our terms for use of feeds.
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Full story at http://www.pheedcontent.com/click.phdo?i=2ca9b7fb36244cb7a7739a70a88c18fb
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