Good morning,
Today’s title isn’t intended to be scary or suggest the beginning of the end for stocks in a secular bull market.
But I’m here to make market calls, and based on the weight of the evidence, investors should be positioned for a correction.
Today, we’ll walk through how defensive leadership and under-the-surface volatility are finally bubbling up to have an impact on the major indexes.
More importantly, we’ll walk through the base case, key groups and levels to watch, and preview the correction bottom check-list that guides our ability to buy on the right side of market low points.
Today’s report will also cover:
February intra-month seasonality
Major indexes and sectors
Falling interest rates and beneficiaries
International stocks
Semiconductors
and more!
