The correction is coming, it’s only a matter of when. I expect the DOW will still be over priced at 25k, NASDAQ under 10k and the S&P under 3500. This may be it, or not. The problem is people are stupid, hard to fix that. A hard lesson is coming.
Ummm, I'll just put this right here:
Jan 4, 2022
DJIA : 36,799
NASDAQ: 15,832
S&P500: 4,796
JAN 24, 2022
DJIA : 33,648 Down 3,151, or 8.5%
NASDAQ: 13,452 Down 2,380, or 15%
S&P500: 4,311 Down 485, or 10%
All in less than 3 weeks. 10% in a year is a "correction".
Some of you folks seem to be rooting for an economic depression.
As if the country doesn’t have enough problems as it is.
Plus we have an idiot in charge.