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Lance Roberts said a 10 percent correction in the market is still possible, following recent oversold conditions, particularly in the technology sector. Roberts noted that although November and December have historically been strong months for equities, this does not necessarily signal that the market bottom has been reached.
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Roberts recently highlighted that 44% of S&P 500 companies are set to report earnings in a single week, marking a significant phase for corporate updates in the market (link). He has also compared current market sentiment to the tone of Stealer's Wheel's 1970s hit in a previous Before the Bell Report (link). These perspectives provide context for Roberts' current views on potential correction risks.