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Posted on 4 April 2013 | 3,060 views

Are Stocks due for an April 2013 Correction?

Some market observers have been expecting perhaps a 5% to 10% drop in stocks in the second quarter, and the spark for such a sell-off could come whenever the U.S. Labor Department issues its unemployment report.

It could be the trigger, but we’d have to see a pretty negative report — the market is due for a pullback, but just being due is not enough, there has to be some sort of catalyst.

Riding a wave of easy money, courtesy of the Federal Reserve and worries over political gridlock in Washington have waned, as have concerns over the European debt crisis.

But recent economic data has been more mixed, and the federal budget “sequester,” if left unaddressed, threatens to impede U.S. growth in coming months.

The Institute for Supply Management reported the service sector’s expansion has slowed so the Labor Department’s upcoming employment reports will be a key signal for how well the U.S. economy is recovering.

Market experts expect the S&P 500 could finish the year at 1,600 — that’s not a huge move from here, so why risk being invested in stocks considering April 2010April 2011 and April 2012 were the beginning of Stock Market Corrections — why should An April 2013 Stock Market Crash be any different or not expected?

Are Stocks due for an April 2013 Correction?

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