If a Stock Market Correction Is Coming, This 1 ETF Could Be the Smartest Buy Right Now
Key takeaways
- The last time it rose that high, the tech collapse in 2000 soon followed.
- While strong corporate earnings growth is supporting the market here, stocks could take a hit if the narrative changes.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
The last time it rose that high, the tech collapse in 2000 soon followed.
While strong corporate earnings growth is supporting the market here, stocks could take a hit if the narrative changes. Inflation is well above the Federal Reserve s target. GDP growth has slowed substantially over the past two quarters. President Donald Trump is trying to restart his tariff strategy. Any or all of these factors could be the catalyst to send stock prices sharply lower. With the S&P 500 nearly as expensive as it has ever been, according to the Shiller CAPE ratio, there s little room for error.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »