SPY will be insane volatility in September
$SPDR S&P 500 ETF Trust(SPY)$ crashed from $457-$410 last year in September.
In the last 100 years, September is the worse month for trading and investments.
Here's 3 critical things you must know for this month 🧵
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1. In 2001 and 2008 when the FEDS cut rates, a recession followed right after.
The market sold off in August to $510 because of recession fears triggered by a slowing labour market.
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2. This Friday on Sept 6th, the government will release the US unemployment rate. This can crash the market if it comes in higher then expected at 4.2%.
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3. This is what happens to SPY on average since 1928 during election years.
Look what happens in September to November.
There will be insane volatility this month as history has shown.
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On Sept 18, the FEDS will cut interest rates by at least 25bp. The chance of cutting by 50bp is about 30%.
This could be bad for inflation because it will make people borrow more money and spend more.
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Disclaimer: Trading is extremely difficult. You most likely will lose all your money before you make money.
Trading results are all performance based and depends on many variables. The chances of you duplicating these trades actual results are unlikely.
https://x.com/SuperLuckeee/status/1830589004594483494
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