IXIC in Correction Territory
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Nasdaq Composite IndexSchaeffers Investment Research
•Business
Business & Economics
Is it Time to Buy the Dip on Tech Stocks?

84% Informative
Nasdaq Composite Index (IXIC) has been in correction territory since last week .
Unlike the S&P 500, the Nasdaq is more volatile and tech-heavy, containing nearly 3,000 stocks.
Historical data suggests that IXIC corrections have often been buying opportunities.
After a 10% pullback, the index has averaged a 3% gain over the next month .
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