CarsonGroup: Down Big in August & September Isn't a Bad Thing
When stocks are down more than 1% in Aug and Sept it hasn't always a bad thing. $S&P 500(.SPX)$ $NASDAQ(.IXIC)$
In fact, Q4 has been higher 12 of the past 13 times, with some huge gains in October.
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When the S&P 500 is up YTD between 10-20% at the end of September, the fourth quarter has been higher 84% of the time.
Don't give up on a fourth quarter rally just yet.
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We keep hearing about the inverted yield curve, but what is ignored is the shape of the curve. Currently a bear steepener, which
@NDR_Research says happens about 10% of the time. Stocks gain 9.5% annually under this scenario.
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