This Correction Could Be “The Big One”
In his Weekend Reading Notes to investors, while commenting on a “big” correction, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more A Big CorrectionA “big” correction in the present low-volatility context is probably somewhere around 10%, or what we saw in the S&P 500 in September and October last year. We have gone without a 5% correction since then, and the selloffs after Election Day have stopped just below the S&P 500’s 50-day moving average. It would be foolish to expect anything more than tagging the 200-day moving average on the S&P 500, if that, given the recover...