A Major Stock Market Correction Warning | ETF DAILY NEWS

A Major Stock Market Correction Warning | ETF DAILY NEWS

Kyle Anderson: This is the second-longest stretch without a stock market correction for the S&P 500 since 1945, according to RBC Wealth Management.

It’s been more than 1,350 days since we’ve seen a correction in the S&P 500.

A stock market correction is defined as a 10% dip from the index’s high.

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Here are the five longest periods without a market correction since 1945:

Since Oct. 3, 2011, the S&P 500 has gained 86%.

That’s still a far cry from the rally of the 1990s, which saw the index climb more than 232%.

The closest we’ve come was when the S&P 500 dipped 7.4% from September 2014 to October 2014.

This extended run has many analysts predicting a stock market correction.

“This summer we see a high chance of a 5-9% dip as we think uncertainty on Fed actions in the face of a tightening labor market could cause yields to climb higher and we think Greece risk amidst ECB commitments to high liquidity pushes the Euro lower,” Deutsche Bank analysts wrote earlier this month.

Money Morning Technical Trading Specialist D.R. Barton, Jr., recently addressed these concerns on CNBC.

Here’s what he told investors to expect…

Are Stock Market Correction Fears Justified?

“I think we’re looking at a grinding, sideways bull market through the summer into the fall,” Barton said on his regular CNBC appearance.

“We’re not going to get a lot of upward movement. Therefore, if you’re putting money to work, you’re going to want to put it in sectors that are doing the best.”

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A Major Stock Market Correction Warning | ETF DAILY NEWS

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