MarketWatch: “A stumbling stock market faces a crucial summer test. Here’s what will decide the bull’s fate.”
By datatrekresearch in IN THE NEWS
Excerpt from MarketWatch quoting DataTrek co-founder Jessica Rabe:
.... "Going back to 1990, the Cboe Volatility Index, known as the VIX, has seen its yearly peak most often in January (six times), followed by August and October at five times each, noted Jessica Rabe, co-founder of DataTrek Research, in a note last week.
By that measure, investors are now in the middle of one of the most volatile months of the year with still another to come in October.
“U.S. equities tend to outperform during calmer environments, so it makes sense that they rallied in July, but are struggling so far in August,” Rabe said. “The upshot: seasonal trends say U.S. equities could prove whippy through October until quieting down during the last two months of the year"....
Full article here on MarketWatch.
