CAUTION: You are entering the "September Zone"
Posted on 9/6/2011 by Don Creech
Historically, September is the most dangerous month for stock investors with downdrafts occurring more often than not. However, over the past decade, the probability of a positive investment return in September has improved.
Until the Fed meets again on September 20th, positive drivers for the market remain elusive. IF the Fed begins another easing program (a big IF), the market could advance into next year. IF corporate earnings reports which begin at the end of the month are strong, they could fuel a major advance. Both catalysts require looking into a crystal ball and making a bet. Read More