Is it safe to call this a “correction”?
A Soros induced pre-election correction.
Just in time for the mid-terms. What a coincidence!
It’s semantics, but “correction is” usually defined as at least a 10% drop. S&P 500 is now off 9.8% from the high, so we’re close.
AMD stock: “The Santa Clara, Calif.-based company earned an adjusted 13 cents a share on sales of $1.65 billion in the September quarter. Analysts expected it to earn 13 cents a share on sales of $1.7 billion”
The company does good and gets punished because some analysts prediction does not come true.
I hate analysts.
Well, it’s been due for one.