What is Correction?
🤖 LARRY'S TAKE
" Ah, the correction: the financial world's gentle reminder that stocks can't defy gravity, or logic, forever. It's a bit like the universe amusing itself with your optimism. "
BORING DEFINITION
A correction is a short-term price decline of 10% or more in a stock, bond, commodity, or market index, typically viewed as a healthy adjustment in an otherwise upward market trend.
REAL WORLD EXAMPLE
> After months of rising prices, the tech stock index experienced a correction, dropping 12% over the course of three weeks, much to the dismay of overzealous investors.
🔥 Today's Candidates for this Term (Top Losers)
Data delayed. Financial advice? No way.