Saturday, September 29, 2012 5:38:23 PM
Greatest Month Ever! Whoever said September was the worst month needs to be spade or neutered.
100%+ gains this month all due to QE3
Now that October is right around the corner, I'm looking forward to more nice gains - I'm expecting at least 30% this month since October is usually a strong month for the markets.
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Stocks End Lower, but Log Best Q3 Since 2010
Published: Friday, 28 Sep 2012
By: JeeYeon Park
Stocks closed out the final trading session of the quarter with modest losses, but all three major averages posted robust gains for the month and the third quarter, boosted by a flood of central bank actions.
The Dow Jones Industrial Average slipped 48.84 points, or 0.36 percent, to close at 13,437.13. Cisco [CSCO 19.095 0.30 (+1.6%) ] led the blue-chip gainers, while Intel [INTC 22.655 -0.43 (-1.86%) ] lagged. The blue-chip index was down nearly 120 points at session lows.
The S&P 500 fell 6.48 points, or 0.45 percent, to finish at 1,440.67. The Nasdaq slumped 20.37 points, or 0.65 percent, to end at 3,116.23.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, closed above 15.
While September is historically the worst performing month for stocks, the Dow rallied 2.7 percent this month, logging the third largest gain in 2012. (Read More: What Happened to the ‘Worst Month of the Year?’)
And for the quarter, the Dow jumped 4.32 percent, the S&P 500 rallied 5.76 percent, and the Nasdaq soared 6.17 percent. Home Depot [HD 60.37 0.49 (+0.82%) ] was the biggest gainer on the blue-chip index for the quarter, while H-P [HPQ 17.06 -0.165 (-0.96%)] was the worst performer. Most key S&P sectors posted gains for the quarter, led by energy, while utilities sagged...
100%+ gains this month all due to QE3
Now that October is right around the corner, I'm looking forward to more nice gains - I'm expecting at least 30% this month since October is usually a strong month for the markets. -------------------------------------------------------------
Stocks End Lower, but Log Best Q3 Since 2010
Published: Friday, 28 Sep 2012
By: JeeYeon Park
Stocks closed out the final trading session of the quarter with modest losses, but all three major averages posted robust gains for the month and the third quarter, boosted by a flood of central bank actions.
The Dow Jones Industrial Average slipped 48.84 points, or 0.36 percent, to close at 13,437.13. Cisco [CSCO 19.095 0.30 (+1.6%) ] led the blue-chip gainers, while Intel [INTC 22.655 -0.43 (-1.86%) ] lagged. The blue-chip index was down nearly 120 points at session lows.
The S&P 500 fell 6.48 points, or 0.45 percent, to finish at 1,440.67. The Nasdaq slumped 20.37 points, or 0.65 percent, to end at 3,116.23.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, closed above 15.
While September is historically the worst performing month for stocks, the Dow rallied 2.7 percent this month, logging the third largest gain in 2012. (Read More: What Happened to the ‘Worst Month of the Year?’)
And for the quarter, the Dow jumped 4.32 percent, the S&P 500 rallied 5.76 percent, and the Nasdaq soared 6.17 percent. Home Depot [HD 60.37 0.49 (+0.82%) ] was the biggest gainer on the blue-chip index for the quarter, while H-P [HPQ 17.06 -0.165 (-0.96%)] was the worst performer. Most key S&P sectors posted gains for the quarter, led by energy, while utilities sagged...
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