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Good Riddance (and Get Ready)

Published September 29, 2023

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.

So just click here to join me in the live room now…

And put yourself in the most advantageous position to start the fourth quarter.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

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