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The Correction is Nigh: Strategist

Wed 24 Feb 10 | 04:00 AM ET
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The Correction is Nigh: Strategist

Wed 24 Feb 10 | 04:00 AM ET
A correction is "clearly on its way" and it is due to the "economic time" not being "as good as people think and that's what is going to weigh on the markets," Enzio von Pfeil from EconomicClock.com said Wednesday. He likes "the stuff that just doesn't go down or up," such as utilities, consumer staples, health care and pharmaceuticals.

Topics:

Asia  | Earnings Central  | Economy (U.S.)  | Europe (West)  | Investment Strategy  | Politics and Government  | Stock Market  | Wall Street Food and Beverage

Sectors:

 | Health Care

Sectors:

 | Personal and Household Goods

Sectors:

 | Utilities
 
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