Whenever there is an overdue stock market correction people always look for a reason. I can give you some reasons: the main reason is that it has gone up too long, too far, too fast but interest rates are also going higher and there are problems in Washington with the government. There are many reasons. But essentially it is because it went up without a correction and now we are having one.
Related trading instruments:
Related trading instruments:
- SPDR S&P 500 ETF Trust (SPY)
- Russell 2000 Index ETF (IWM)
- SPDR Dow Jones Industrial Average ETF (DIA)
- iShares MSCI Emerging Markets Index ETF (EEM)