September Halloween

Written By: Tom Hankes | Posted: Monday, September 13th, 2010
Evil spirits usually show up early in the stock market.
September and October are historically the two worst market months. Two issues ago, I discussed some dismal economic conditions that could prove to be headwinds to further market advances. This type of data is known as "fundamental analysis" and it can weigh heavily on the markets at times as it did in 2007-08. Frequently however, the markets can ignore the grim numbers for long periods of time. For example, the U.S. deficit fundamentals have been deteriorating for decades, but that didn't stop stocks from going up for 18 years.
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