Looking for a 20 percent Correction

   The correction I keep expecting to arrive reflects the many negative macro factors that are here, even though the rising market takes our eyes off of them.

  We are still looking at an anemic employment situation and GDP growth. The economy is not really in a recovery, but is more in a stability mode.

  A recovery instills confidence, but confidence continues to be low. What little confidence there is, is very fragile.

  We still have concerns in Europe, China and fiscal concerns here, plus the shenanigans in Washington, and add to that a declining revenue growth in the U.S.

  The combination of world events far and near, are enough to cause trading markets to fall, which would be a somewhat healthy correction.

  I know that Goldman Sachs lifted its S&P 500 target for this year to 1,750, and for 2014 is looking for the S&P 500 to go up another nine percent to 1,900. Goldman Sachs then expects the S&P 500 in 2015 to rise another 10 percent to 2,100.

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  What are the odds…very unlikely, and be advised that even if Goldman Sachs were to be correct, there will be pull backs along the way.

  Bruce Cortez @ …Bruce@YouControlinvesting.com