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IWM iShares Russell 2000

203.60
-2.98 (-1.44%)
After Hours
Last Updated: 23:57:03
Delayed by 15 minutes
Name Symbol Market Type
iShares Russell 2000 AMEX:IWM AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -2.98 -1.44% 203.60 207.62 202.35 207.51 32,199,830 23:57:03

How High Before the Next Correction? - Real Time Insight

06/05/2013 3:36pm

Zacks


A stock correction is officially labeled as a decline of at least -5%, but not greater than -20% (beyond that is considered a bear market). Amazingly we have gone up +20% over the last six months without a correction. That is a hefty move making some folks anxious for when the next correction will come. And many wont climb on board the bull until they get a correction to make it all the easier.

However, stocks leapt over 1600 with gusto. Even bad news is good news because it means QE will keep flowing which is feather in the investors cap. So it's hard to say what will bring down stocks...and when?

Now let's see what you guys think about when stocks will correct: 

1) The current level around 1620 is all she wrote with correction soon on the way. 

2) Make it up to 1650 before next correction. 

3) Make it up to 1700 before next correction. 

4) 1750 before next correction

5) Other

Take your pick and then be sure to explain why you think this is the case. 


 
SPDR-DJ IND AVG (DIA): ETF Research Reports
 
ISHARES TR-2000 (IWM): ETF Research Reports
 
NASDAQ-100 SHRS (QQQ): ETF Research Reports
 
SPDR-SP 500 TR (SPY): ETF Research Reports
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

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