#MarketPullback ChatGPT
You said:
MarketPullback
ChatGPT said:
A market pullback refers to a temporary decline in the price of stocks or the overall market after a recent rise. It’s typically seen as a short-term dip—usually less than 10%—and is often viewed as a natural correction or pause within a longer-term upward trend.
Key characteristics of a market pullback:
Short duration: Usually lasts a few days to a few weeks.
Mild decline: Typically less than 10%.
Common causes: Profit-taking, investor sentiment shifts, or macroeconomic news.
Opportunities: Some investors view pullbacks as buying opportunities.