Don't Let the 'September Effect' Spook You Today

We just endured the worst month for stocks this year... The benchmark S&P 500 Index fell around 5% in September. [Chaikin PowerFeed]( Don't Let the 'September Effect' Spook You Today By Briton Hill, analyst, Chaikin Analytics We just endured the worst month for stocks this year... The benchmark S&P 500 Index fell around 5% in September. The tech-heavy Nasdaq Composite Index dropped nearly 6%. And the Dow Jones Industrial Average lost about 4%. Some of the popular mega-cap companies suffered even worse last month. For example, Apple (AAPL) fell almost 9%. And Nvidia (NVDA) tumbled roughly 12%. Put simply... it was ugly across the board. Now, I get it... When stocks are falling, even the strongest-willed investors can get nervous. It might feel like you'd be better off taking all your money out of stocks and sitting on the sidelines. But as I'll explain today, stock weakness in September is more common than you think. And more importantly, as investors, we shouldn't let the "September effect" scare us away... Recommended Links: [Prepare Now: A Massive Wave of Bankruptcies Is Coming]( In 2009, Joel Litman warned investors about 57 different companies that were about to go bankrupt – 50 collapsed within days. Now Litman is stepping forward with another big bankruptcy warning. If you own a single share of stock – much less a business... a mortgage... or a loan of any kind – this will affect you. [Click here to learn more](. ['If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK...']( The former Goldman Sachs VP — who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: 'Make this ONE STOCK the cornerstone of your portfolio.' Get the full story, and ticker symbol, [here](. In fact, the Wall Street Journal tried to warn folks on September 1 of this year. That day, the financial publication discussed a report about the S&P 500's historical returns... According to market-research firm CFRA Research, the S&P 500 has fallen an average of about 0.7% during September since 1945. That's by far the worst month for stocks overall. Fortunately, September is now in the rearview mirror. And here's the better news... Two of the best months for stocks are right around the corner. According to CFRA's report, November and December are historically two of the best months for stocks. The S&P 500 has averaged roughly 1.5% gains in each month since 1945. Take a look... [Chaikin PowerFeed] In short, history tells us we can expect strong gains for stocks in the months ahead. It's also worth noting that the S&P 500 fell a lot more than average this September. So on the flip side, stocks could also rally a lot more than average in November and December. And keep in mind that things are still looking good overall this year... The S&P 500 is still up about 10% in 2023. Even after a brutal September, the index is still roughly in line with its 10% average annual return from 1957 through the end of 2022. In the end, my message is simple... Stocks are suffering through a rough patch right now. September was especially bad. But history tells us to expect better results in November and December. And we have the data to prove it. It's more important than ever to rely on data and technology during uncertain times. To that point, we're fortunate to have the Power Gauge as our guiding light. With the system leading the way, we'll stick to our guns and stay the course for now. Don't let short-term market volatility cause you to lose sight of the big picture. Good investing, Briton Hill Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -1.22% 6 17 7 S&P 500 -1.32% 52 307 139 Nasdaq -1.76% 20 66 13 Small Caps -1.68% 294 1110 528 Bonds -2.15% Utilities +1.16% 1 5 24 — According to the Chaikin Power Bar, Large Cap stocks are more Bearish than Small Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Information Technology +0.56% Communication +0.18% Materials -0.71% Industrials -1.04% Discretionary -1.06% Energy -1.53% Health Care -1.80% Staples -2.08% Financial -2.79% Real Estate -3.13% Utilities -7.29% * * * * Industry Focus Pharmaceuticals Services 3 28 5 Over the past 6 months, the Pharmaceuticals subsector (XPH) has underperformed the S&P 500 by -9.04%. Its Power Bar ratio, which measures future potential, is Weak, with more Bearish than Bullish stocks. It is currently ranked #13 of 21 subsectors and has moved down 1 slot over the past week. Indicative Stocks [rating] AXSM Axsome Therapeutics, [rating] HROW Harrow, Inc. [rating] OCUL Ocular Therapeutix, * * * * Top Movers Gainers [rating] NI +3.36% [rating] FE +3.10% [rating] CMS +2.57% [rating] RHI +2.48% [rating] CNP +2.33% Losers [rating] MKC -8.46% [rating] CCL -6.60% [rating] ABNB -6.47% [rating] RCL -5.36% [rating] BXP -5.24% * * * * Earnings Report Reporting Today Rating Before Open After Close XOM, AYI RPM STZ No earnings reporting today. Earnings Surprises [rating] MKC McCormick & Company, Incorporated Q3 $0.65 Met estimate [rating] CALM Cal-Maine Foods, Inc. Q1 $2.27 Beat by $0.15 * * * * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, [click here](. You’re receiving this e-mail at {EMAIL}. For questions about your account or to speak with customer service, call [+1 (877) 697-6783 (U.S.)](tel:18776976783), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. 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