Reasons for the stock market to decline by 7% before mid-November, as predicted by a technical analyst

Reasons for the stock market to decline by 7% before mid-November, as predicted by a technical analyst

According to technical analyst Mark Newton of Fundstrat, the stock market could experience a 7% correction by mid-November. Newton believes that investor complacency and weak seasonal trends could trigger this decline. However, he views any potential pullback as a buying opportunity, commonly known as a “buy the dip” strategy. Newton stated in a note to … Read more