Odds favor a 10-20 percent correction: Strategist –

Stocks could be setting up for a 10 percent to 20 percent correction, and the odds are good that it will be soon, according to Sam Stovall, chief equity strategist at S&P/Capital IQ. Stovall has been expecting a 10 to 20 percent correction this year, but he says it’s more likely to begin during the second […]

3 Reasons Why the Stock Market Rally Will Continue – Yahoo Finance

The S&P 500 (^GSPC) has done more in three months than it typically does in an average year. That is, rise by about ten percent. While the official 3-month tally is 10.58%, and the year to date total is now above 26%, some say this red-hot, record-high stock benchmark still has more to go.“One word – higher,” […]