Historically speaking, September tends to be a weak month for the stock market. September has been the worst-performing month for markets, on average, since 1950, with the S&P 500 (SP500) dropping on average about -1% since 1950. And this September is no different as we prepare for the third week of trading. As we stand, the S&P 500 is down just a hair over -5% on the month, the DOW has lost -2.6%, and the NASDAQ has fared the worst with a loss standing at -8%. If we don't see a second-half rally, the stock market will post its first monthly loss in 5 months. Will we see a late-month rally? Or are we headed lower? On a daily level, both the S&P 500 and NASDAQ closed out Friday trading with losses over -1% with the S&P 500 losing -1.12%, and the NASDAQ lost -1.07%. The DOW fared slightly better, only losing -.88% after being down over -1% earlier in the day. To round out the data dump, let's talk about the weekly numbers. All three indexes posted losses marking three straight weeks in a row with the S&P 500 losing -.6%, the DOW -.03%, and the NASDAQ -.5%. The three week losing streak is the longest such streak of the year. On a daily level, both the S&P 500 and NASDAQ closed out Friday trading with losses over -1% with the S&P 500 losing -1.12%, and the NASDAQ lost -1.07%. The DOW fared slightly better, only losing -.88% after being down over -1% earlier in the day. To round out the data dump, let�s talk about the weekly numbers. All three indexes posted losses marking three straight weeks in a row with the S&P 500 losing -.6%, the DOW -.03%, and the NASDAQ -.5%. Key Levels To Next Week: S&P 500 (CME:SP500): 3,588.11 Dow (INDEX:DJI): 29,199.35 NASDAQ (NASDAQ:COMP): 12,074.07 U.S. Dollar (ICE:DX): 91.74 Gold (NYMEX:GC.Z20): 1,948.30 Crude Oil (NYMEX:CL.V20): 39.80 Bitcoin (BITCOIN:BITSTAMPUSD): 12,0685.82
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