"45% of stocks are in a correction and only 47% are above the 50 day moving average," says Tony Zabiegala. He is concerned that 2022 may be unimpressive since 2021 earnings have been beating estimates. However, he is cautiously optimistic as investors could see a short-term correction. Finally, he provides his stock picks: Rimini Street (RMNI) and Silvergate Capital (SI).
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