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The Worst Month Starts off Strong

September is, at least historically speaking, the worst month of the year for the stock market. This year, however, stocks have shaken off the immediate uncertainty generated by a potential U.S. military involvement in the Syrian civil war, as well as the pending uncertainty about the Fed‚??s decision on ‚??tapering,‚?Ě and the result has been a nice start for the bulls.

In fact, the S&P 500 has been up six days in a row. If the market closes higher today, it will mark seven straight days of gains. The benchmark measure of domestic stocks also will have been up eight of the last nine days, if we close higher on Wednesday (the S&P was up about 4 points midway through Wednesday‚??s trade).

After President Obama‚??s address to the nation last night on the Syrian situation, the markets are basically betting the issue is at least temporarily resolved. And while we still could see some pressure on stocks if the situation heats up again, for now the issue is off of the front burner.

To read the rest of this article, click here.

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Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbert‚??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

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archive

The Worst Month Starts off Strong

September is, at least historically speaking, the worst month of the year for the stock market. This year, however, stocks have shaken off the immediate uncertainty generated by a potential U.S. military involvement in the Syrian civil war, as well as the pending uncertainty about the Fed‚Äôs decision on ‚Äútapering,‚ÄĚ and the result has been a nice start for the bulls.

In fact, the S&P 500 has been up six days in a row. If the market closes higher today, it will mark seven straight days of gains. The benchmark measure of domestic stocks also will have been up eight of the last nine days, if we close higher on Wednesday (the S&P was up about 4 points midway through Wednesday’s trade).

After President Obama’s address to the nation last night on the Syrian situation, the markets are basically betting the issue is at least temporarily resolved. And while we still could see some pressure on stocks if the situation heats up again, for now the issue is off of the front burner.

To read the rest of this article, click here.

Newsletter Signup.

Sign up to the Human Events newsletter

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Willem van Sprouse Antifa Willem van Sprouse Antifa

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