Stocks could see a 10% correction by early October on a trifecta of bearish factors, strategist says

• Renaissance Macro’s Jeff DeGraaf predicts a 10% stock market drop amid three bearish factors.
• Tech stocks may underperform after rate cuts, impacting market stability, according to DeGraaf.
• “There’s still a little longer fuse on this correction that’s likely to take place before we’re done,” DeGraaf said.

A trifecta of bearish factors could send stocks lower by about 10% within the next few weeks, according to Renaissance Macro Research founder and technical strategist Jeff DeGraaf.