S & P 500: Elliot Waves Correction Ahead (Recession ahead?)
I wanted to post this to inform as many people as I can of a potential major correction coming to the US market in the upcoming months (I would have to guess around September or October). Please prepare for it as it has potential to be a large correction. Some options to protect yourself include:
- Investing in foreign mutual funds
- Investing in Gold (precious metals)
- Be as liquid as possible. If you have debt, do what you gotta do to minimize it
There is a FED Interest rate decision on July 26th - this could be the trigger to it all, but no one knows for sure.
Hope this at least helped some of you
Also - if anyone have any other ideas as to how to mitigate the damage and perhaps benefit from it, post it in the comments
Matt Concordia
- Investing in foreign mutual funds
- Investing in Gold (precious metals)
- Be as liquid as possible. If you have debt, do what you gotta do to minimize it
There is a FED Interest rate decision on July 26th - this could be the trigger to it all, but no one knows for sure.
Hope this at least helped some of you
Also - if anyone have any other ideas as to how to mitigate the damage and perhaps benefit from it, post it in the comments
Matt Concordia