The stock market is about to enter its worst month of the year after a historic August - but that doesn't mean investors should sell stock, LPL says | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The stock market is about to enter its worst month of the year after a historic August — but that doesn't mean investors should sell stock, LPL says

After a historic August, the stock market is about to enter its worth month of the year on average, according to a note from LPL published on Monday.

On top of that, when the S&P 500 was up more than 5% in August in 1986 and 2000, the market fell 8.5% and 5.4% in the following month, respectively, LPL said. Since 1950, September has been the worst month of the year for stocks on average. And when August is a particularly strong month, September is an especially bad month for stocks.US Investing Championship hopeful Matthew Caruso landed a 382% return in the first half of 2020. He shares the unique twist he's putting on a classic trading strategy - and 3 stocks he's holding right now.

During election years, both September and October tend to be weak months as investors prepare for an uncertain presidential election.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Judge T. S. Ellis III, U.S. EDVA, intentionally and deceitfully lied and misrepresented facts and law to advocate for USPTO to conceal its racial discrimination and retaliation. Royal v Lee, 1:17-cv-261. Judge Ellis acted to eviscerate Title VII, render it toothless

Haha ha thx. I’ll sell them. Moron

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures rise as Wall Street wraps up its best August in more than 30 yearsU.S. stock futures rose on Sunday night as traders were set to end the market's best August performance since the 1980s. Trump2020 Cause we know that useless Biden dope won’t win! The run that started with The Fed in April has been amazing! Especially last week. That was fantastic! Now that Trump is moving up in the polls and betting odds, if that continues it will set the tone for a great September
Source: CNBC - 🏆 12. / 72 Read more »

An ‘extreme’ August on the stock market might be telling us something about the November electionIt has been a pretty bullish August for the stock market. That tends to work well in an incumbent U.S. President’s favor, but our call of the day says a... The stock market is controlled by the FED now...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market live updates: Stocks mostly lower, new Dow additions, best August since 1984Both the S&P 500 and the Dow Jones Industrial Average fell early into the month’s final trading session. Follow along with the latest stock market updates here: All the day traders are locked out this morning. If Biden is elected and we get a good federal plan going, our children will still be 1 year behind. If Trump wins, our children are screwed.
Source: CNBC - 🏆 12. / 72 Read more »