Is it Time to Buy the Dip?
The only thing that is as certain as death and taxes is stock market corrections during bull markets. In this week’s update, we review the current downward correction in stock prices and gauge whether we think it is time to pull the trigger on some buys or need to be patient and give stocks time to cool off a little more. Lastly, our update will address what we believe is acting resilient during this correction as we look for clues to which areas of the market will act as leaders once the correction ends.
Key Takeaways
- We Like to Embrace Markets at All-Time Highs
- Market Correction Making Progress but We Think Be Patient
- We Believe Copper and Energy Indicate Economic Strength
The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a SEC registered investment adviser. Registration does not imply a certain level of skill or training. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.
