To The Moon

November is typically the best month for stock market, according to data from the “Stock Trader’s Almanac.” chart from cnbc Stock market hits a October bottom or not? Stocks are very oversold and the bond market is acting like it’s going to be difficult to get 10-year Treasury yields over 5%. Jeff Hirsch thinks we may have already reached an October bottom. But the chances the S&P 500 would be down 4 months in a row is very small. October is the third consecutive down month for $S&P 500(.SPX)$ . It hasn’t been down four straight months since 2011. Time to add some value stocks with PE close to historical low? $S&P 500(.SPX)$ has dropped 10% from its peak in July, bringing the valuations of S&P 500 component companies closer to historical average levels. PE is close to 20, whereas the long-term average is above 16. David Kelly, Chief Global Market Strategist at JP Morgan Asset Management, said I prefer underweighting large-cap stocks and overweighting value stocks, More optimistic about energy and financial stocks. Are you ready for the best month of stock market? How do you plan your portfolio to welcome November? Which stock/sector will rebound most? Leave your comments and repost to win tiger coins!