Stocks appear to undergo textbook correction as redemption for August overshoot rally – CNBC
Pedestrians walk past the Nasdaq in New York City on September 3, 2020 as U.S. stocks plunge. Xinhua News Agency | Getty Images There is a reason that fixes are called fixes. When market prices accelerate and overshoot, a strong reversal acts as a course correction to align them more with a longer term trend. […]
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