Historically Sep is a bad mont

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aramis
2023-09-05

Historically Sep is a bad month for stocks. Tech already had a correction in AUG. Hope we see more upside before Oct comes. Then Christmas is a rally!

"Magnificent 7" Give Markets Hope for Strong September

Nvidia stock rose 5.4% last week and is now 232% up so far in 2023. Getty Images It was a good week for the stock market heading into Labor Day as August ended in strong fas

"Magnificent 7" Give Markets Hope for Strong September

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Then Christmas is a rally!&nbsp;</p></body></html>","text":"Historically Sep is a bad month for stocks. Tech already had a correction in AUG. Hope we see more upside before Oct comes. Then Christmas is a rally!","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/216289806471296","repostId":2364391771,"repostType":2,"repost":{"id":"2364391771","pubTimestamp":1693869438,"share":"https://www.laohu8.com/m/news/2364391771?lang=&edition=full","pubTime":"2023-09-05 07:17","market":"us","language":"en","title":"\"Magnificent 7\" Give Markets Hope for Strong September","url":"https://stock-news.laohu8.com/highlight/detail?id=2364391771","media":"marketwatch","summary":"Nvidia stock rose 5.4% last week and is now 232% up so far in 2023.              Getty Images               It was a good week for the stock market heading into Labor Day as August ended in strong fas","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/711315050fd34eed9aa3fd68c6eeecce\" tg-width=\"639\" tg-height=\"426\"/></p><p>It was a good week for the stock market heading into Labor Day as August ended in strong fashion and Friday’s jobs report ensured a solid start to September.</p><p>Investors probably don’t need to be reminded that September is historically the worst month for stocks—the S&amp;P 500 has fallen an average 1.1% during that month since 1928.</p><p>But enough of that. Several stocks had a great week heading into the typically terrible month, and investors will be hoping the momentum can continue.</p><p>Nvidia (ticker: NVDA) stock had another impressive week, climbing 5.4% to 485.09 and reaching a record closing high of $493.55 Thursday. The chip maker’s stock rallied into its hotly anticipated earnings on Aug. 23 but fell 2.3% in the two trading days after. </p><p>But normal service resumed last week for the stock, which is now up 232% so far in 2023. Wall Street thinks the shares can keep moving higher into uncharted territory—analysts have an average price target of $645.29, implying a 31% upside to Friday’s closing price, according to FactSet data.</p><p>Alongside Nvidia, the other members of the so-called ‘Magnificent 7’ also performed well. Apple (AAPL) rose 6.1% over the week, Netflix (NFLX) jumped 5.7%, and Google’s Alphabet (GOOGL) was 4.5% higher. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META) gained 3.8%, Amazon (AMZN) climbed 3.6%, while Tesla (TSLA) stock rose 2.7%.</p><p>Chip stocks in general had a strong week as Micron Technology (MU) jumped 10.5% and Intel Corp (INTC) rose 10.1%. The best-performing stock in the S&amp;P 500 was disk-drive and flash-memory chip company Western Digital (WDC), which rose 16.4%, followed by data storage company Seagate Technology’s (STX) 14.4% jump.</p><p>It was a bad week for retailers, particularly of the discount variety. Dollar General (DG) was the sharpest faller, tumbling 16% after its earnings disappointed and it cut guidance. Dollar Tree also fell 3.7%. <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> was the second-worst performer, dropping 7.2% as the healthcare giant announced its CEO Rosalind Brewer is stepping down.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"Magnificent 7\" Give Markets Hope for Strong September</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"Magnificent 7\" Give Markets Hope for Strong September\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-05 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/nvidia-tesla-apple-stock-market-movers-september-80edcfaf?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It was a good week for the stock market heading into Labor Day as August ended in strong fashion and Friday’s jobs report ensured a solid start to September.Investors probably don’t need to be ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/nvidia-tesla-apple-stock-market-movers-september-80edcfaf?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NVDA":"英伟达","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/articles/nvidia-tesla-apple-stock-market-movers-september-80edcfaf?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2364391771","content_text":"It was a good week for the stock market heading into Labor Day as August ended in strong fashion and Friday’s jobs report ensured a solid start to September.Investors probably don’t need to be reminded that September is historically the worst month for stocks—the S&P 500 has fallen an average 1.1% during that month since 1928.But enough of that. Several stocks had a great week heading into the typically terrible month, and investors will be hoping the momentum can continue.Nvidia (ticker: NVDA) stock had another impressive week, climbing 5.4% to 485.09 and reaching a record closing high of $493.55 Thursday. The chip maker’s stock rallied into its hotly anticipated earnings on Aug. 23 but fell 2.3% in the two trading days after. But normal service resumed last week for the stock, which is now up 232% so far in 2023. Wall Street thinks the shares can keep moving higher into uncharted territory—analysts have an average price target of $645.29, implying a 31% upside to Friday’s closing price, according to FactSet data.Alongside Nvidia, the other members of the so-called ‘Magnificent 7’ also performed well. Apple (AAPL) rose 6.1% over the week, Netflix (NFLX) jumped 5.7%, and Google’s Alphabet (GOOGL) was 4.5% higher. Meta Platforms (META) gained 3.8%, Amazon (AMZN) climbed 3.6%, while Tesla (TSLA) stock rose 2.7%.Chip stocks in general had a strong week as Micron Technology (MU) jumped 10.5% and Intel Corp (INTC) rose 10.1%. The best-performing stock in the S&P 500 was disk-drive and flash-memory chip company Western Digital (WDC), which rose 16.4%, followed by data storage company Seagate Technology’s (STX) 14.4% jump.It was a bad week for retailers, particularly of the discount variety. Dollar General (DG) was the sharpest faller, tumbling 16% after its earnings disappointed and it cut guidance. Dollar Tree also fell 3.7%. Walgreens Boots Alliance was the second-worst performer, dropping 7.2% as the healthcare giant announced its CEO Rosalind Brewer is stepping down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":123,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}