As the Nasdaq Composite (NASDAQINDEX:^IXIC) continues to trend downward, more and more Wall Street analysts have the word "correction" on their lips. The index has been pulled down largely by social media and biotech stocks, but companies across technology have been feeling the burn.
In this segment from Tuesday's edition of Investor Beat, host Alison Southwick and Motley Fool analysts Morgan Housel and Mike Olsen discuss this major pullback. Morgan gives his thoughts on market corrections in general and how often investors can expect to see this kind of downward fall, while Mike looks at the actual value of the market today.
Alison Southwick, Michael Olsen, CFA, and Morgan Housel have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.