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Schaeffers Investment Research

Schaeffers Investment Research

Business

Business & Economics

Is it Time to Buy the Dip on Tech Stocks?

Schaeffers Investment Research
Summary
Nutrition label

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 .

VR Score

91

Informative language

94

Neutral language

66

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links