Post by
Bertanderson on Aug 09, 2023 1:05pm
Good Time to Buy Still or Early Start to Fall Correction
Some predictions have been for a stock melt-up to last at least 2 months and then a major correction starting sometime in October. I've been listening to a couple of financial professionals who are out of US equities entirely at least for their own personal portfolios and sitting in cash returning 5.5% and waiting for the correction. NVIDIA earnings in a few weeks could set the tone for the correction of many over valued large cap tech stocks with forward revenues and earnings that don't justify their ongoing steady rises. That will bring the indices down quickly. Be careful....