 but also we could be coming to the end which I'm going to go through some of the reasons as to why I think that this could be coming up and shortly we'll go through that in this video I've got to say I'm not a financial advisor I'm a business teacher my daily life but I'm by no means an expert on the stock market and if you could smash that like button if you want the stock market correction to end smash that like button and don't forget to subscribe to the channel let's get right into the information here so will the stock market correction end soon and I think with the recent news that's coming out and I think also we are getting towards the end of the correction in my opinion I do believe that this month is still going to be really rocky you know it's going to be a bit up and down but I do believe we could be coming to sort of the end of this correction okay with the recent news now what's that the Senate's just passed Joe Biden's 1.9 trillion relief bill okay so it won a significant majority in his push to kickstart the economy here so off after talk after torturous negotiations the US Senate passed President Joe Biden's vast 1.9 trillion relief bill yesterday bringing these discussions to a conclusion the American Rescue Plan provides direct payments of $1,400 to millions of Americans on middle-income injects vast amount of federal money into the economy and provides help for the jobless until the end of the summer so I do think that this adds some cushions towards the economy I think that having this relief bill is actually going to help the economy he's going to actually make sure that we have this kind of a bit of security there so I do think that this is going to have a knock on impact on the stock market because I think that in times where there's more security and when there's less uncertainty there was a lot of uncertainty going around you know what's going to happen in regards to this but now that we've got that certainty the stock market tends to like certainty and I do think because of that we're going to see some stocks moving up again and it's got to be said that a lot of stocks did crash and burn okay they've moved down a huge amount already so I do see things starting to recover slowly but surely in the stock market this month's going to be rocky but I do think we're we're going to be sort of stopping the bleeding when it comes to some of these stocks by now okay and there's a lot of potential to be getting into the stocks ready for that run-up back to normality so moving into this we got this bill that has been passed 1.9 trillion okay so very interesting stuff here so what does it mean what does this actually mean for the stock market so what we're going to get is more money circulating in the economy okay so there's more money circulates that's good for businesses it's good for profits in businesses it's good for earnings in businesses as we get more money circulating in the economy again that's a good thing in that sense and that's going to be good for the stock market so more money circulating in the economy is good okay and I think also to back up with the 1.9 trillion we've also got a lot of people that have saved a lot of money and there's a lot of pent up demand so when things reopen what we're going to see is a lot of consumer spending on different products and services and businesses and then that's going to circulate money around the economy even more in correlation with this relief bill as well so I think we've got a lot of spending power that's going to be happening in the next few months which actually is going to impact the economy in a positive way and in the sense it'll impact the stock market as well now one thing you got to be careful of is inflation and if inflation's rise to too large of a level that can have a big impact on the stock market itself now moving into the second point so this is positive for the stock market this relief bill it'd be positive for the stock market the facts that we're going to have more spending and more money circulating around the economy is positive for the stock market so it's all good stuff however is it enough to stop this correction because a lot of these growth stocks and there's some very good growth stocks and I'm invested in many of them they did run up a lot right that there was running up a lot so it was bound to be some sort of correction on some of these growth and tech stocks at some point so I do think that the growth and tech stocks although I think the corrections going to potentially stop and again I'm not a financial advisor although I think it's going to kind of slow down I do think that it is going to be a rocky road to recovery for these growth and tech stocks I don't think they're going to shoot up straight away I think it's going to be a bit of up and down but on a upward trajectory overall for the weeks to come so that's what I think however I think that there is some of the players which I think is going to do really well in the coming months and you know alongside the growth and tech stocks because they're going to do well as well in the long term but there's a lot of certain stocks that I think are going to do really well in the medium to short term I'll go through that now another thing to mention that's new and that's happening this is going to be a incredible week on the stock market it's going to be eventful to say the least now I'm not saying that the correction is means that everything's going to go up and everything's going to go exploding right is that that's not what's going to happen what I'm saying is that there's going to be a stopping of the bleeding on some of the stocks right they're not going to go down as much as they have been doing in previous weeks that's what I would say but I do think they've got a bit of potential to go down and a bit of potential to go up but I don't see them going down as rapidly as they have in the previous week so okay now another point here is the earnings releases so we've got this one point trillion one point one point nine trillion COVID relief bill here yeah but then we've also got this here in terms of the earnings that are coming out this week so a very very eventful week because we've got this relief bill what impacts that going to have on the stock market and then what is the earnings releases for some of these companies going to have an impact for those individual companies so very interesting week indeed so we've got on Monday some of these on Monday we've got X-Peng we've got Wish we've got a range of companies here then Tuesday some very interesting ones Wednesday we've got skills I've talked about skills before I actually first talked about that at $16-17 now if they can do really well on their earnings that could be really good for them in terms of the share price for them but again is this going to be offset by the correction if the correction continues and skills brings out really good earnings it may not have as much of an impact as we'd like to see unfortunately but hopefully if the correction kind of slows down or it stops and it you know we start to the stock start to move up if skills can produce some really good earnings alongside the stocks stock market moving up we could see this share price going to some really really good levels of skills right now we've got TattooedChef as well there some interesting stocks then Thursday and Friday some interesting stocks there so again there's a lot of earnings releases this week so a lot of eventful stuff going on especially with the relief bill that's just happened now what do you need to consider now first of all make sure to smash the like button that's the first thing to consider so thanks for all the support on the channel really do appreciate it honestly i'm really trying to grow the channel and and you're really helping out with that so i do appreciate that so what is it to consider first of all rotations so we've seen this rotation from tech into into recovery players and i do think that the the recovery players are going to do very very well in these next sort of three to six months i think they're going to do incredibly well some of these rotation players in terms of these recovery stocks so i think it's good to have a balance between you know obviously don't it's not a good idea to sell out of your growth and tech stocks when they're hitting all-time lows for you know the past three months or whatever there's no point in doing that but if you have cash on the side the two areas that i'm looking to buy into heavily is SPACs because they're close to hitting their $10 floor and i do think there's a potential for a swing trade and i'm also buying recovery players as well because i do think in the three to six next three to six months with the money circulating around in the economy with this pent up demand some of these recovery players are going to do really well okay so i do think it's got a lot of potential one of them that i'm looking at buying more of is driveshark ticker symbol ds i think that one again is a recovery player that's going to do quite well it's also a penny stock now moving on SPACs you so again i'm looking at buying SPACs that are just gone down for example acic moved down to around $10 30 at one point right i bought acic around i think it was $14 around that they first bought it around $14 around that point now it's moved down to $10 30 and so you can get it cheaper than acic first bought it right now and i do think some of the SPACs are just incredibly cheap at the moment and they are going to run up again eventually so i'm it's very good things to consider in the current stock market climate and also buying the dips on growth stocks i feel that some of them have been oversold that much that it's worth buying the dips on as well so it's just three areas to consider now i'd just like to end the video by making sure you make sure to subscribe to the channel if you're new we're trying to grow to 15 000 subscribers by the end of the month so if you can help out with that i'm not sure if we're going to be able to do it but hopefully we can do but if not it's okay please do subscribe if you're new also smash that like button comment down below what are your thoughts do you think the stock market correction is going to end with this recent news coming out let us know in the comment section down below and i'll see everybody in the next video