On Friday, we noted that September was the 5th consecutive month the S&P was in the red.
Ron Griess of the Chart Store took that data and looked at it in terms of ensuing months and years.
Historically, 5 consecutive months is not a good omen for equities . . .
Monthly Price Performance, S&P
Examples of 5 negative Price Performances, S&P
Note: Yes, I know, we need a larger sample set than the past century. Let’s follow up and discuss that in 3011 . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.