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 . . .
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Monthly Price Performance, S&P
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Examples of 5 negative Price Performances, S&P
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Note: Yes, I know, we need a larger sample set than the past century. Let’s follow up and discuss that in 3011 . . .
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