Hey, Ross here:
Today is the last trading day for the month and the quarter.
The third-quarter of the year has traditionally been a weak one for the markets, with September being even worse (check out the Chart of the Day).
So all I have to say is – good riddance.
Chart of the Day
The two charts above show just how September is for the stock market – a pattern that literally spans decades.
So what we experienced in the market this month – at least from a strict price action perspective – is actually nothing out of the ordinary.
The price action for the past two days has been positive.
Let’s see how it goes today – because that will help set the tone for the fourth quarter.
And as I said earlier this week, if we go by long-term historical trends, the fourth quarter should also be much better.
Insight of the Day
Now is the best time to position yourself for a potential fourth-quarter rally.
The fourth quarter is historically the strongest quarter of the year.
And that’s not the only historical trend supporting a fourth-quarter rally.
- When the S&P 500 is still up between 10–20% for the year by end-September, markets typically end the fourth quarter over 5% higher close to 85% of the time.
- When the S&P 500 is down over 1% in both August and September, markets typically end the fourth quarter over 7% higher more than 90% of the time.
- In pre-election years, it’s normal to see long periods of consolidation during the third quarter – but with new highs to end the year.
All three of the above conditions have been fulfilled. As I said – history is on our side…
And NOW is the best time to position yourself for the potential fourth-quarter rally…
Because the beginning is where the most lucrative gains are.
That’s why I’m going LIVE right now to show you my #1 strategy for taking advantage of a potential rally…
A strategy that has already been responsible for multiple fast high double – and even triple – digit gains this year.
And put yourself in the most advantageous position to start the fourth quarter.
Embrace the surge,
Editor, Stock Surge Daily