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ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

September 16, 2023 | Tech Talk for Saturday September 16th 2023

Don Vialoux

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Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

History suggests that short term caution is warranted for a new investment in North American equity markets. According to  www.EquityClock.com , “The weakest time of year for stocks is at our doorstep, encompassing the final weeks in the third quarter. Between September 19th and the last day of the month on September 30th, the S&P 500 Index has lost an
average of 1.14% per period with 32 of the past 50 (64%) periods showing a decline” 

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September 16th, 2023

Posted In: Tech Talk

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