Another strong market correction is looking increasingly likely - Lyn Alden

By Kitco News / September 07, 2020 / www.kitco.com / Article Link

Sep 08, 2020 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy

With valuations overstretched as they are, another correction on the same scale as what we saw in March this year is becoming more and more possible, said Lyn Alden, founder of Lyn Alden Investment Strategy.
"I think there's a rising probability for [a correction]. So, we've had a really strong rally from the March bottom. Starting around June, I began to get more defensive because we had some overbought indicators. We saw kind of a partial consolidation in correction there. Many value stocks still haven't made it up past that June peak," Alden told Kitco News in an interview on September 2.
Alden's comments come as the S&P 500 fell more than 1.5% and the NASDAQ tumbled 2% on Tuesday.

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok