by Lance Roberts
Real Investment Advice
An Orderly Sell-Off
Over the last couple of weeks, we have been discussing the ongoing market correction. As shown below, the sell-off has been orderly and not one of a “panic” induced decline.
[…] The market did retrace from the top of the 2-standard deviation range to the bottom, which is part of a healthy correction process. As we noted last week, the correction also aligns with the historical weakness seen in September and October, particularly in years preceding an election.
Importantly, given there was no sharp rise in volatility, such also confirms this was a more orderly and healthy market retracement.