Wednesday, September 25, 2024

Are We About to Break a Stock Market Trend?

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Are We About to Break a Stock Market Trend?

Matt Benjamin, Senior Markets Expert, The Oxford Club

Matt Benjamin

We might be on the cusp of breaking a long-term market trend.

It's called the September Effect. And it reflects the fact that since 1950, the ninth month of the year has been the biggest loser for the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite.

And when you look back all the way to January 1928, September is the only month that the S&P 500 averaged a negative return...

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