Interesting statistic

Goodgolddays
2023-09-18

According to Bloomberg, since 1990, S&P500 has decline about 79% of the time in the week after Sep’s quad witching day. The avantage decline is about 1%

However, we are still in a bull market, and there is still some level of optimism in the market, which could be a force to go against the bearish statistic.

To add on, we have FOMC meeting this week.

Gonna be a tricky week for traders. 

Check out my weekly market analysis if you haven't:

Warning! FOMC Meeting - Hawkish Pause?

https://youtu.be/jNje5bbNY40

$Tesla Motors(TSLA)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$ 

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Comments

  • AprilBridges
    2023-09-18
    AprilBridges

    i think anytime could be a money time... building up positive vibes... good luck to all. cheers. just my opinion

  • AdamDavis
    2023-09-18
    AdamDavis

    Oil and Rates going gangbusters.......Yah go ahead and not raise rates this week.......LOL

  • YvetteGunther
    2023-10-02
    YvetteGunther

    TSLA delivery number doesn’t need to beat the estimate. It just needs to be in line with the assessment, then we will see $300 easily next week

  • WebbBart
    2023-09-18
    WebbBart

    we still in a bull market but the market needs more drop to rebound

  • ChrisColeman
    2023-09-19
    ChrisColeman

    Yeah maybe best to invest in October…

  • jeffry09
    2023-10-02
    jeffry09

    Consensus is 455,000 units delivered, with a range between 440,000 and 485,000. I think the longs will do just fine.

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