Reported about 1 month ago
Mark Newton from Fundstrat forecasts a 7% correction in the stock market by mid-November due to rising investor complacency and unfavorable seasonal trends. He indicates that the S&P 500 could face resistance around the 5,900 level and advises investors to view any decline as a 'buy the dip' opportunity, while monitoring key technical indicators for signs of a trend change.
Source: YAHOO