The stock market is heavily into overbought territory and a correction at this stage would be good for the overall health of the bourses. A correction at this level will give long-term investors to consolidate their gains before taking up fresh positions in the days ahead. Retail investors should adopt a cautious approach in the days ahead.
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The stock market was clearly in the overbought zone and a correction was long overdue. I think we should look at today's fall as the beginning of the correction process.
fall process beginning market correction
A rally such as we've witnessed in the past week needs a correction. The market shall be healthier in the new year because of it.
past market correction
The market is totally oversold. The panic was evident as a large number of investors rushed to sell. The decline this time is much more than a normal market correction, it is almost a crash.
time market correction panic normal
The flow of foreign money continues to be strong, which has not given any opportunity for a major correction. Stock prices have really surged beyond expectations.
opportunity money strong flow expectations correction
The optimism is overdone, and there's going to be a correction. Growth is going to slow.
growth optimism correction
The market had moved up very quickly in the last few weeks, so a correction was long overdue.
market correction
It's just a statistical correction after the very strong months before. The long-term upward trend is very strong.
strong correction
It's indicative of strong underlying demand for housing relative to supply and it's supportive of the view you will not get a major correction in house prices.
strong correction house demand view
A possible explanation is that the data correction is overcorrecting the impact of the five Saturdays in December, which would explain why the data is poor when the retailers reported strong Christmas sales.
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It's really paid off to have active managers like Bob Stansky during the first six months of the year. Fidelity managers really took advantage of the market correction in April and May to add to their tech positions.
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The spacecraft has to be smart enough on its own to observe the comet, determine whether it's headed in the right direction, if not, make its own course correction, and then fire its thrusters to achieve that course correction.
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I think the energy sector is in the process of a long-term correction. But, within that, we will get these good days, which is where we are today.
days today good process energy correction
I am surprised they didn't make some inquiry into the status of the investigation into the Department of Correction.
correction status inquiry
I think we're moving higher. I think the downward correction could be over.
moving correction
I don't dare say that I favor gold in the long run. After gold's rise to these levels, I think there will be a correction.
gold correction favor run dare rise
I expect some type of further correction in the short-term, but still see prices heading higher as China continues manufacturing and supply does not meet demand.
correction china demand
But we remain cautious because the car industry should weigh on spending while sales of household goods, which have shown steady growth, should see a correction in coming months
car growth correction sales industry
The broad picture looks better than expected but we have to watch figures very carefully. A downward correction driven by a relapse in consumer spending is very likely in the fourth quarter. That's why I remain cautious.
correction picture
We're not expecting a big correction.
correction big
The correction on the H-shares has been too small.
small correction
Technically the market is susceptible to a correction as it is very overbought.
There is still a worry about a possible major correction on Wall Street in the short term.
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The correction on Friday eradicated some of the bullish consensus. It's the nature of this market to correct in an abrupt, steep but short-lived fashion.
nature fashion market correction
We could see a small technical correction tomorrow. But I don't like it when we have this kind of volume with sharp falls. It shows weakness.
weakness kind tomorrow small correction
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