Got a Li’l Nasty Out There

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Transcript:
Hey, hey, I’m Mindie Kniss. This is The Daily Rage. Got a little nasty out there for the first full day of this brand-new month of September. According to Brew Markets, September is the absolute worst. In their newsletter today, they said that “over the past five years, the S&P 500 has fallen an average of 4.2% in the month of September. Zooming out, the trend has spanned nearly a century. The market is down in September by an average of 1.2% since 1926 and ends the month in positive territory only 44% of the time according to S&P Global data.” So let’s actually look at the S&P futures. This was the only one of the indexes that actually flipped the parabolic SAR indicating further potential pressure downward. Now all of the indexes look rough today, but the NASDAQ got hit the worst down 3.31% at this time based on the September contract. I mean that’s just brutal. As you look to get started on your goals for this month, just make sure you’re very careful in light of that information. Speaking of Brew Markets, it’s a great free newsletter. I’ll link you over there if you’d like to check it out: https://lucra.com/brewmarkets I highly recommend it. They send out an email once a day after the markets close. It’s always filled with great writing and a fun perspective, so check it out if you’re interested. And if not, that is cool too. I’m Mindie Kniss. Thanks so much for watching.