"It kicks off the best six months of the year and says goodbye to the worst six months," said Ryan Detrick, senior market strategist for LPL Financial.
"The last few days of October to the first few days of November is one of the strongest times of the year," Detrick said. This time of the year is also the period when investors following the sell-in-May-and-go-away strategy come back to the market, usually in November.
ntfri What
Another day of gains not based on any business fundamentals a
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What to watch today: Dow to rise, Alphabet to report earnings, and Brexit extension approvedU.S. stock futures point to a higher Wall Street open, giving the S&P 500 another chance to break its July record highs. None of the above. I’m going to watch trump get booed alllll day!!! Just keep printing baby
Source: CNBC - 🏆 12. / 72 Read more »