September, known as the “worst month” in US stock history, has closed.
• S&P 500: lowest 6360.58, highest 6699.52, closing at 6688. Monthly gain +228 pts, or +3.53%. This is in line with our Sep 1 Bias (lower high and path), and close to the 6700 area.
• Nasdaq 100: +5.4% in September.
• Dow Jones 30: +1.87%.
• Russell 2000: +2.96%.
Best performing sectors: memory chips MU, storage WDC and STX, chip equipment INTC, LRCX, AMAT, KLAC.
Large-cap tech leaders: TSLA +33%, ORCL +24%, GOOGL +14%, PLTR +16%.
Precious metals: gold and silver related stocks also gained strongly.
Worst sectors: consumer, real estate, and energy stocks declined.
After 5 straight monthly gains, does the market still have upside? For Oct–Nov plans, please contact us for tailored service.
More Information/Reports/Video/Analysis please contact us—info@the-currency-store.com. We offer fully customised content services tailored to you needs.
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