Are Stocks Getting Ready To Correct?

From Short Takes
January 31, 2013 - 11:43am

Odds Favor Pullback vs. Ongoing Vertical Ascent A common sense tenet of investing is assessing possible risk relative to the possible reward. As we have noted since January 24, the stock market’s risk/reward ratio has entered unfavorable territory. When markets correct, it is typical to “retrace or give back” 38.2% of the recent [...]

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