THE STOCK SELLOFF HAS BEGUN!
FEBRUARY 9, 2014
Selling has finally returned to the US stock markets, short-circuiting their year-old levitation. This new downside action of the last couple weeks looks very different from anything witnessed in 2013. Is it just another minor and short-lived pullback, the vanguard of a full-blown correction, or the dawn of a new cyclical bear market?
The prudent strategy for traders varies greatly with this selloff’s likely magnitude.