Stock market typically cools off in October following a really strong third quarter

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

Investment Strategy ニュース

Stock Markets,Dow Jones Industrial Average,S&P 500 Index

A weak month could be the set-up for a year-end buying opportunity, according to Piper Sandler.

The stock market typically cools off in October following a really strong third quarter, but any weakness could prove to be a potential buying opportunity for year-end, according to Piper Sandler. Stocks are off to a rocky start this month, after an escalation of conflict in the Middle East, a port strike in the U.S., and the fallout from Hurricane Helene spooked investors.

However, the two months following were positive, with the fourth quarter overall gaining 2.7% on average, and 5.2% on a median basis. "We believe October will be more of a 'treat' than a 'trick' for investors as equity markets approach short-term overbought conditions again," Johnson said. "Monitor pullbacks within the context of the long-term uptrend for potential buying opportunities." .

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Piper Sandler has these five software stocks on its highest conviction buy listPiper Sandler has these five software stocks on its highest conviction buy list
ソース: Investingcom - 🏆 450. / 53 続きを読む »