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Are We Due for a Correction? - Navellier

Posted by Gabriel Burczyk | Founder & CEO
February 29, 2012

Louis Navellier of Navellier & Associates go over why he thinks a stock market correction is coming soon. "The stock market continues to benefit from a tidal wave of buying pressure, as new money keeps flowing into stocks. The S&P 500 and Dow rest at their highest levels since before the 2008 financial crisis, while NASDAQ is trading at an 11-year high. This surge was thought to be impossible last October, when fears of a double-dip recession were dominant. Back then, we called for a strong market recovery. Now, I may be going against the grain again - calling for a short-term correction due to rising oil prices."

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Gabriel Burczyk
Gabriel Burczyk,
Founder & CEO
Valerie De Vol
Valerie De Vol, IACCP®
Chief Operating Officer
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Seton McAndrews, CFP®
Vice President - Investments
Doug Hutchinson

Doug Hutchinson, CFA®
Director of Research and Trading
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