A correction is a beautiful thing, simply the flip side of a rally, big or small. Theoretically, even technically I’m told, corrections adjust equity prices to their actual value or support levels. In reality, it’s much easier than that. Here’s a list of ten things to think about doing, or to avoid doing, during corrections of any magnitude:
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CNBC’s Jim Cramer: Brown Win Tuesday Causes Huge Stock Rally As Investors Celebrate ‘Pelosi Politburo Emasculation’
By Noel Sheppard
January 17, 2010 – 01:25 ET
Former Barack Obama supporter Jim Cramer on Friday said the stock market would have a huge rally if Scott Brown defeats Martha Coakley in Tuesday’s special senatorial election in Massachusetts.
“I think investors who are nervous about the dictatorship of the Pelosi proletariat will [...]
Santa Claus Rally Could Still Show up This Year
Sunday, 20 Dec 2009 02:50 PM
Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there’s not much debate: The year-end lift known as the Santa Claus rally is no myth.
The stock market typically posts modest, but reliable, gains in late December into the beginning of early January.
“It’s pretty much like clockwork,” says [...]