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Is the correction coming?

Posted on 2/11/21 at 11:36 am
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
16973 posts
Posted on 2/11/21 at 11:36 am
Not looking good.
Posted by soleckma
Member since Nov 2013
994 posts
Posted on 2/11/21 at 11:37 am to
7 out of the last 8 days were up...
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/11/21 at 11:38 am to
Wtf are you talking about? Specifically
Posted by Shamoan
Member since Feb 2019
9201 posts
Posted on 2/11/21 at 11:40 am to
the correction isnt happing before a 2 trillion dollar stimulus. it will be after.
Posted by truthbetold
Member since Aug 2008
7631 posts
Posted on 2/11/21 at 11:41 am to
stocks only go up
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 2/11/21 at 11:41 am to
If stocks don’t shoot up after that injection of capital, I will say that makes me nervous about the true values of those equities when normalizing for inflationary effects

but I don’t personally think that’s a real concern. I think the stock market will positively reflect the addition of more capital.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 2/11/21 at 11:43 am to
In early 2020 all the talking heads were in agreement that we were heading into a significant recession and would see a pullback.

Instead we had the economy shut down and it’s barely getting going save big business and tech.

The results are record highs in the equity markets due to jillions of dollars flooding the system.

So will it correct? Eventually there will be a massive correction. But I don’t see an end to the money printers and the reality is that liquidity could see the indexes double before the correction
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30574 posts
Posted on 2/11/21 at 11:44 am to
Husss?
Posted by Ooh Wee Ooh
Member since Nov 2008
1453 posts
Posted on 2/11/21 at 11:46 am to
Posted by cbtullis
Atlanta
Member since Apr 2004
6257 posts
Posted on 2/11/21 at 11:47 am to
Way too much liquidity out there right now.
Markets always correct eventually, trying to time it is a bad move.
But with the liquidity out there at the moment it won’t be anytime soon
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 2/11/21 at 11:47 am to
Yes?
Posted by castorinho
13623 posts
Member since Nov 2010
82030 posts
Posted on 2/11/21 at 11:51 am to
quote:

this board has predicted 50 of he last 3 corrections
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
64220 posts
Posted on 2/11/21 at 12:07 pm to
Posted by TheWiz
Third World, LA
Member since Aug 2007
11677 posts
Posted on 2/11/21 at 12:40 pm to
quote:

Is the correction coming?

Maybe so. Maybe not.
Posted by mule74
Watersound Beach
Member since Nov 2004
11299 posts
Posted on 2/11/21 at 12:48 pm to
quote:

Is the correction coming?


Absolutely. It will either be tomorrow or 10 years from now. Possibly somewhere in between.
Posted by Auburn1968
NYC
Member since Mar 2019
19480 posts
Posted on 2/11/21 at 1:18 pm to
quote:

the correction isnt happing before a 2 trillion dollar stimulus. it will be after.


That's what I suspect is going to happen. How long it will take for the stimulus effects to wear off is the question. Two weeks? A month? A quarter?

I'll fatten up my ready cash for a while for any bargains that could appear.
Posted by cadillacattack
the ATL
Member since May 2020
4385 posts
Posted on 2/11/21 at 1:21 pm to
Posted by PotatoChip
Member since May 2014
3500 posts
Posted on 2/11/21 at 1:23 pm to
Just a short term pullback on cannabis and overrun small cap stocks
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3083 posts
Posted on 2/11/21 at 1:41 pm to
Most opinions I've heard don't think it will happen until at least Q4 this year.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25985 posts
Posted on 2/11/21 at 1:45 pm to
The fear of a $15 dollar minimum wage as part of the stimulus is what is cratering the markets right now. There will be tens of millions of people who will lose their jobs thus stifling demand in the broader markets.
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