Last week, the S&P 500 dropped by -0.7%. And immediately, the headlines began…
Is the Stock Market About to Crash?
Stock Market Crash Warning
Where Are the Bulls?
The media started pedaling fear, throwing that loaded C-word around left and right. But this dip is exactly what I’ve been talking about for weeks now.
The fact is that this market has been acting normal.
So far this year, we’ve seen the S&P 500 rally about 4.5% higher in 2021 – a healthy and expected move.
But if things remain normal, then the rally won’t continue forever. Historically, the final two weeks of February and much of March see volatility rise and stocks drop. I’m talking about an average 3-4% dip over the next three weeks of trading.
And the worst performances in the last 20 years have all fallen on the ninth week of the year.
Of course, which week is this? Yup, lucky number nine.
We’re about to get a chance to “buy the dip” on the market. A slight pullback is in the seasonal cards, and it seems it’s already begun.
So, get your buy list ready. Here are the top two stocks to capitalize on an upcoming correction…