Are we experiencing a market correction?

  Are We Experiencing a Market Correction? Dear reader, Every Sunday night, I watch the Asian stock markets to get a sense of how U.S. stocks will open Monday morning. Well, I didn’t get much sleep last night as Japan’s Nikkei Index suffered its largest one-day drop since 1987. A surging Japanese yen and fears of a U.S. recession are two big reasons that selling has spread around the world. So on [today’s video update]( I discuss the sell-off and try to bring it into historical perspective. Big down days always make it feel like the world is ending on Wall Street. But in reality, the world will only end once… and today isn’t that day. The selling caused the CBOE Volatility Index (VIX) to jump to a level it has only been reached twice in the past two decades – during the 2008 great financial crisis and the COVID-19 lockdowns. Clearly, fear is running rampant. But it may not be warranted. The S&P 500 averages about one correction (a drawdown of 10% of more from its high) per year. As of this morning, the low of the day had the S&P down 9.8%. So in essence, this is normal behavior. But it doesn’t feel normal to most investors, and panic has set in as a result. My job is to help ease that panic. [Click here to watch this morning’s video update and get my full perspective on what’s going on.]( Here’s to the future, [McCall's Signature] Matt McCall Editor, Market Insights Check Out My Latest Podcast The summer months typically lack big headlines in the stock market. But that hasn’t been the case this year. On [this episode of the SteadyTrade Podcast]( Tim Bohen and I dissect some of the hottest stories of the last week – including those about Bitcoin (BTC-USD) and second-quarter earnings – and what they mean for your portfolio. Then, have you experienced the “Zyn Craze” that has been taking place? We discuss the stock that has been the biggest winner as this trend has boomed. And finally, we begin sharing the names of six stocks at the top of our watch lists. All are small caps that will benefit from our thesis that smaller stocks will outperform their larger counterparts in the coming months. [Check out the podcast to learn more.](   © 2024 Centurion Publishing 13809 Research Blvd, Suite 500, Austin, TX 78750   *Results are not typical. Past performance does not indicate future results. All investing carries risk. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the “unsubscribe” link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example).If you have any questions, simply reply to this email or visit our website [( view our official policies. To Unsubscribe [Click Here](