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Reverse movement, usually downward, in the price of an individual stock, bond, commodity, or index. If prices have been rising on the market as a whole, and then fall dramatically, this is known as a correction within an upward trend. Antithesis of a technical rally. See: Dip, break.

Market Correction

A drop in the price of a security when that security has been overbought and therefore overpriced. Market corrections are usually short-term and are necessary for the stability of the security.


A sharp, relatively short price decline that temporarily interrupts a persistent upward trend in the market or in the price of a stock.


A correction is a drop -- usually a sudden and substantial one of 10% or more -- in the price of an individual stock, bond, commodity, index, or the market as a whole.

Market analysts anticipate market corrections when security prices are high in relation to company earnings and other indicators of economic health.

When a market correction is greater than 10% and the prices do not begin to recover relatively promptly, some analysts point to the correction as the beginning of a bear market.

References in periodicals archive ?
Charlotte Burns, assistant warden of operations, Corrections Corporation of America, San Diego Correctional Facility, San Ysidro, Calif.
By yearend 2013, the number of persons under adult correctional supervision was the smallest number observed since 2003.
This follows industrial action by officials of the PPP Correctional Centre on Tuesday, 16 September 2014 following a dispute between management and workers.
The project's overall goal is to improve correctional education and its delivery by providing objective, empirical evidence about the efficacy of different programs and their curricular components.
The province created a pilot project to compare the performance of the Central North facility with the publicly operated Central East Correctional Centre in Kawartha Lakes.
Correctional facilities house a disproportionate number of HIV-infected inmates (1) and are a setting for unprotected sexual intercourse (2).
Stan Kuhn, a correctional sergeant, won the default judgment in his lawsuit against inmate Luis Gonzales, though it's unlikely that Kuhn will collect the entire amount.
Psychiatry, Mississippi State Penitentiary, Correctional Medical Services, Mississippi Department of Corrections, Montgomery, AL.
Technological advances have begun to revolutionize the ways in which correctional facilities are operated.
correctional systems reported no planned projects for the period.
Slowly but surely, the nation's correctional facilities are responding to this abuse.
In general, the public views correctional facilities as a necessary evil.

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