Though a small correction may be in order, we think CVE is poised to climb as offshore oil companies fall.
FORBES: Go Offshore With Canadian Oil Sands
While there has been a small correction over the last couple of days, considering the level the euro was trading at versus the dollar earlier this week, this recent drop could be of minor consequence if traders see it as a buying opportunity.
FORBES: Central Banks Take Center Stage In Currency Markets
This correction was relatively small when compared to the declines in other emerging and developed markets.
FORBES: 3 Asian ETFs to Watch
So one risk posed by Asia is that a small (and otherwise desirable) correction on Wall Street could become a crash.
ECONOMIST: The Asian effect
Moreover, small-caps have fallen some 10 to 15% in the recent market correction that began last March.
FORBES: The Small-Cap Contrarian Bull Case And 4 Stocks To Play It
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