A 10% to 15% market correction could be a 'significant opportunity,' Invesco says

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A 10% to 15% market correction could be a 'significant opportunity,' Invesco says
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A 10% to 15% market correction could be a 'significant opportunity,' Invesco says (via TradingNation)

Even though the Dow just had its best day since March 5, Invesco's Kristina Hooper isn't sounding the all clear."We're in something of a precarious period ... because we've gone so long without any kind of significant sell-off for the stock market. In addition, we're watching the Fed try to maneuver into a very different position," the firm's chief global market strategist told CNBC's "" on Monday.

Despite her warning, Hooper is a market bull and plans to take advantage of weakness. If stocks fall sharply, she expects a quick recovery due to the economic recovery's strength."I would be a buyer on that pullback as soon as we saw a drop of 8% to 10%," said Hooper. "This could be a significant opportunity — one that investors have been waiting for."to outperform growth stocks during the year's second half.

 

TradingNation haha this shit is going down downnnn downnnnnnn

TradingNation Nobody ever says anything like this at the top. stocks market cycles

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