Home » Headline
Posted on 4 April 2013 | 2,110 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?

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Technorati
  • Mixx
  • Pinterest
  • Google Plus
  • Reddit
  • BlinkList
  • Blogger
  • Tumblr
  • Digg


Tags: , , , , , , , , , , , , , ,

Rate This Article!
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...Loading...

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

IMPORTANT! You need to solve the following simple math (so we know that you are a human) :-)

What is 7 + 4 ?
Please leave these two fields as-is:
CommentLuv badge