Profit Confidential Warns the Chances of a Major Correction in Stock Prices are Increasing - KNOE 8 News; KNOE-TV; KNOE.com |

Profit Confidential Warns the Chances of a Major Correction in Stock Prices are Increasing

Posted: Updated:

Profit Confidential offers a warning to investors regarding the raised chances of a correction in stock prices.

New York, United States – April 16, 2014 /MarketersMedia/ —

Profit Confidential (www.ProfitConfidential.com) an e-letter of Lombardi Publishing Corporation, a 28-year-old consumer publisher that has served over one million customers in 141 countries, is warning that the chances of a major correction in stock prices are increasing.

“The great American writer Mark Twain once said that when you find yourself on the side of the majority, it’s time to pause and reflect,” says economist and lead contributor Michael Lombardi. “For stock market investors, the time to pause and reflect is now, especially in light of the fact that the once-unstoppable S&P 500 is in the red this year and has lost roughly four percent of its value since the beginning of April.”

Lombardi explains that whether it fits the Wall Street definition or not, the fact of the matter is that the key stock indices are experiencing a correction and investors should take notice. Despite the fact that fourth-quarter 2013 results were dismal and the underlying fundamentals are weak, individual investors and institutions continue to be bullish on the key stock indices; this suggests a market sell-off is nearing.

According to the National Association of Active Investment Managers Exposure Index, fund managers are heavily exposed to key stock indices, with 90% of their portfolios invested in stocks. The exposure to the key stock indices has been high since the beginning of 2014, but at the same time, stock prices have been on the decline. (Source: “!NAAIM,” StockCharts.com; http://stockcharts.com/h-sc/ui?s=!NAAIM, last accessed April 15, 2014.)

Pension funds, the so-called conservative investors, have been increasing their exposure to key stock indices. The New York State Teachers’ Retirement System, one of the biggest pensions in the U.S., invested 41% of all its assets in the U.S. stock market. (Source: “Annual Report Fiscal Year 2013,” New York State Teachers’ Retirement System web site, June 30, 2013; www.nystrs.org/main/library/AnnualReport/2013CAFR.pdf.)

“It seems risky for a pension fund to invest almost half of its client’s retirement money in the stock market. It harkens back to 2007, when the underlying fundamentals of the U.S. economy were both weak and being ignored, overshadowed by the white noise suggesting the key stock indices would only go higher,” Lombardi adds. “Instead, we witnessed one of the worst stock market sell-offs in history.”

“Many indicators we follow suggest a market sell-off is closer than many anticipate,” Lombardi concludes. “Instead of exposing your portfolio to key stock indices like some pension funds, active fund managers, and other individuals are doing, now is a good time to preserve capital.”

Founded in 1986, Lombardi Publishing Corporation, which has served over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more information on Lombardi Publishing Corporation and Profit Confidential, visit www.LombardiPublishing.com.

For more information about us, please visit http://www.profitconfidential.com/

Contact Info:
Name: Wendy Potter
Email: press@lombardipublishing.com
Address: 350 5th Avenue, 59th Floor, New York, NY 10118
Phone: 905 856 2022
Organization: Lombardi Publishing Corporation

Video URL:

Source: http://marketersmedia.com/profit-confidential-warns-the-chances-of-a-major-correction-in-stock-prices-are-increasing/40656

ReleaseID: 40656

  • Most Popular StoriesMost Popular StoriesMore>>

  • 28 Monroe area businesses cited for selling to minors

    28 Monroe area businesses cited for selling to minors

    Tuesday, July 29 2014 11:51 AM EDT2014-07-29 15:51:09 GMT
    Baton Rouge, La. (KNOE 8 News ATC) - Agents with the Office of Alcohol and Tobacco Control recently conducted compliance checks at 173 businesses in the Monroe and West Monroe areas. During those compliance checks, 28 of the businesses, which consist of area restaurants, bars and convenience stores, were caught selling alcohol and tobacco products to minors.
    Baton Rouge, La. (KNOE 8 News ATC) - Agents with the Office of Alcohol and Tobacco Control recently conducted compliance checks at 173 businesses in the Monroe and West Monroe areas. During those compliance checks, 28 of the businesses, which consist of area restaurants, bars and convenience stores, were caught selling alcohol and tobacco products to minors.
  • Two arrests, officer tazed at Watermelon Festival

    Two arrests, officer tazed at Watermelon Festival

    Monday, July 28 2014 4:41 PM EDT2014-07-28 20:41:59 GMT
    FARMERVILLE, La. (KNOE 8 News UPSO) - Union Parish sheriff’s deputies made at least two arrests over the Watermelon Festival weekend, one that involved a deputy getting tazed.
    FARMERVILLE, La. (KNOE 8 News UPSO) - Union Parish sheriff’s deputies made at least two arrests over the Watermelon Festival weekend, one that involved a deputy getting tazed.
  • Union Parish School District employees get a raise

    Union Parish School District employees get a raise

    Tuesday, July 29 2014 11:17 PM EDT2014-07-30 03:17:56 GMT
    FARMERVILLE, La. (KNOE 8 News) - It's Christmas in July for the Union Parish School Board employees. At this month's school board meeting, the board voted to give every employee a raise. 
    FARMERVILLE, La. (KNOE 8 News) - It's Christmas in July for the Union Parish School Board employees. At this month's school board meeting, the board voted to give every employee a raise. 
  • West Monroe man arrested for meth possession

    West Monroe man arrested for meth possession

    Sunday, July 27 2014 9:09 PM EDT2014-07-28 01:09:38 GMT
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
  • McDonald's could lose "franchise" protection

    McDonald's could lose "franchise" protection

    Wednesday, July 30 2014 12:17 PM EDT2014-07-30 16:17:44 GMT
    (AP) - Under pressure from a barrage of lawsuits seeking fair treatment and wages, McDonald's could be on the verge of losing one of its main protections.
    (AP) - Under pressure from a barrage of lawsuits seeking fair treatment and wages, McDonald's could be on the verge of losing one of its main protections.
  • 17 hurt after multi-vehicle Madison Parish wreck

    17 hurt after multi-vehicle Madison Parish wreck

    Tuesday, July 29 2014 3:16 PM EDT2014-07-29 19:16:12 GMT
    DELTA, La. (AP) - A multiple-vehicle accident on the Mississippi River bridge connecting Madison Parish, Louisiana, and Warren County, Mississippi, has sent 17 people to a hospital, most with minor injuries.
    DELTA, La. (AP) - A multiple-vehicle accident on the Mississippi River bridge connecting Madison Parish, Louisiana, and Warren County, Mississippi, has sent 17 people to a hospital, most with minor injuries.
  • Passenger dies on US Airways flight to Phoenix

    Passenger dies on US Airways flight to Phoenix

    Wednesday, July 30 2014 12:18 PM EDT2014-07-30 16:18:01 GMT
    PHOENIX (AP) - Authorities in Phoenix say a passenger has died on a US Airways flight to Phoenix from Honolulu after a suffering an unknown medical emergency.
    PHOENIX (AP) - Authorities in Phoenix say a passenger has died on a US Airways flight to Phoenix from Honolulu after a suffering an unknown medical emergency.
  • Top Ebola doctor dies from the virus

    Top Ebola doctor dies from the virus

    Wednesday, July 30 2014 12:33 PM EDT2014-07-30 16:33:58 GMT
    Patrick Sawyer had one stop to make before heading home to Minnesota to celebrate his daughters' birthdays: a conference in Lagos, Nigeria.
    Patrick Sawyer had one stop to make before heading home to Minnesota to celebrate his daughters' birthdays: a conference in Lagos, Nigeria.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.