September Curse Broken? What's Your Account P/L?

It looks like the curse of September's market drop is going to be broken this year. Historical data shows that since 2013, the S&P 500 has averaged a 4.78% decline in September, which is typically the worst-performing and most volatile month for U.S. stocks. However, this year, with a gain of over 20% and recent strong performance, the S&P 500 has already hit its 40th new closing high of the year this week! -------------------- Has your account also broken the September curse?

avatarTechnicalHunter
2024-09-04

September bearish fears spread:Buy VIX, Sell SPY

On Tuesday, $Cboe Volatility Index(VIX)$ rose over 38%, with $W&T Offshore(WTI)$ dropped below $70 per barron for the first time since January and is now down 2% on the year.“$WTI continues to drop amid global demand weakness and particularly, continued worries about Chinese growth. On the supply side, the current shutdowns in Libya may be resolved soon and OPEC+ sources have touted production increases in October. Bounces may run into trouble around the broken $72/73 zone. “—@forexanalytix from X platformThe negative line of the $S&P 500(.SPX)$ on the first trading day of September does send a pessimistic signal. The Market wiped out $1 TRILLION
September bearish fears spread:Buy VIX, Sell SPY
avatarBarcode
2024-09-01
$Costco(COST)$  📈🎯💡 August's Market Mosaic: Winners, Losers, and Surprising Twists!💡🎯📈 Kia ora Tiger traders! August was a whirlwind for the S&P 500, with a market performance as colorful as a stock trader's dream chart! While tech titans either soared or stumbled, some unexpected pairings emerged as the month’s power couples. Let’s break down the heatmap highlights and find out who led, who lagged, and where the surprises lurked! 🎢 Tech vs. Communication Services: A Tale of Two Sectors 🎢 📉 Google's Red Day: GOOG (Google) saw its share price drop by -4.26%, thanks to the ongoing antitrust investigation that's got them feeling like they're on the Monopoly board's 'Go to Jail' square. Meanwhile, over in the tech corner, AAPL (Apple) +4.87%
avatarBarcode
2024-08-31
$Kellanova(K)$ $Fortinet(FTNT)$ $Axon Enterprise, Inc.(AXON)$ $Starbucks(SBUX)$ $Clorox(CLX)$ 🎯 August Sizzlers: The Top S&P 500 Performers~Ready for Takeoff or Fizzling Out? 🎯 Kia ora Tiger traders! August zoomed by faster than a SpaceX rocket, but not without leaving some scorch marks on the S&P 500! 🌠 This month was like a good suspense thriller~plenty of twists, a couple of cliffhangers, and a few heroes who saved the day. So, who were the real stars of the show? Let’s dive into the stock market’s August blockbuster! 📊 Broader Market Update: The S&P 500 had
avatarBarcode
2024-08-31
$NVIDIA Corp(NVDA)$ $SPIRAX-SARCO ENGINEERING PLC(SPX.UK)$  📊 Market Recap & Week Ahead: Your Essential Guide to Staying Ahead in Trading! 📅 🎯 Heat Map Recap: S&P 500, Dow Jones, and Russell 2000 Performance (31 August 2024) Kia ora Tiger traders! Let’s dive into today’s market performance, where the S&P 500, Dow Jones, and Russell 2000 all strutted their stuff in the post-market limelight: 📊 S&P 500 ($SPX) - Performance: The S&P 500 held its ground, showing that tech is still the heavyweight champ. - Key Movers: - Nvidia ($NVDA): +1.51% — The AI darling keeps flexing its muscles. - Amazon ($AMZN): +3.71% — Shopping carts aren’t the only thing overflowing; AMZN's gains are too

What is the extraordinary sub-industry in volatile market?

With interest rate cuts on the horizon and increased market volatility ahead of economic data releases, overall volatility of the broader market has increased since August, and the $S&P 500 Volatility Index (VIX)$ has moved up and down and has seen more frequent flows of capital between sectors.In addition to more inflows into interest rate-sensitive sectors such as REITs, more attention has been paid to defensive sectors, which have long been characterized as "high dividend paying, counter-cyclical" subsectors that are typically resilient to asset volatility.TobaccoUnconsciously, several giants of the tobacco sector, has hit no less than 30% rise in the year, and since August obviously all the way up.We believe the tobacco sector's strength has b
What is the extraordinary sub-industry in volatile market?
avatar程俊Dream
2024-09-04

How To Beat The Market When A Correction Is looming?

As the Federal Reserve cuts interest rates for the first time this year and the US election at the end of the year approaches, the recent trend of major assets has become increasingly lackluster. This opportunity, which seems to be brewing to break through the market, is actually not highly operable. Coupled with the lack of trading cost performance of several varieties with significant trends, we tend to see more and move less at this stage, which may be a better choice.First of all, on the three carriages mentioned earlier, gold is already very close to the target price expected at the beginning of the year (2575 +). If you get on the bus now to do long positions, it is easy to waste time at high positions or be washed away due to shocks. Although the trend of U.S. stocks is still good,
How To Beat The Market When A Correction Is looming?
avatarJacksNiffler
2024-08-30

Does Lululemon bottom here?

$lululemon athletica (LULU)$, one of the worst-performing components of the $S&P 500 (.SPX)$ index this year, has rallied 4% after reporting Q2 results.Although it is not worth mentioning compared to its performance this year, but it is also a microcosm of the overall consumer sector.PerformanceTotal Revenue: $2.4 billion, up 7% year-over-year, and up 8% on a currency-neutral basis.Earnings per share: Adjusted earnings per share of $3.15, up 18 percent year-over-year.Gross Margin: Gross margin was 59.6%, up from 58.8% in the same period last year, primarily due to lower product costs and fewer discounts.Performance by business category:Women's apparel revenue growth of 6%Mens
Does Lululemon bottom here?
avatarGoodLife99
2024-09-30
After years of learning hard from the stocks market, I'm now to be more patient and avoid impulsive buying but grab the dip when an opportunity comes, yet keep myself updated closely for the good news + follow the mkt sentiment is the most important daily task for me. I'm glad to DCA $Tiger Brokers(TIGR)$ from time to time since I've entered at the peak in the year of 2021 & my biggest position in my portfolio stay the same till date. Summaries my September in one word? Definitely will be 'Turnaround'! Looking forward for a good start @ $Tiger Brokers(TIGR)$ to reach T/O above 100M again as of last Friday T/O surged above 60M. Investors confidence towards $T
avatarBullaroo
2024-09-02

Four Major Economic Events to Watch This Week (September 2-8, 2024)

As we enter the first week of September 2024, several significant economic events are set to shape market movements and investor sentiment. These events are closely tied to anticipated monetary policy changes and economic indicators, making them crucial for market participants to monitor. Here are the four major economic events to watch this week: 1. U.S. Non-Farm Payrolls Report (Friday, September 6) The most anticipated event of the week is the U.S. Department of Labor's release of the August non-farm payrolls report on Friday. The previous month's data showed an increase of 114,000 jobs, while the expectation for August is a gain of 165,000. This report is particularly significant because it will influence the Federal Reserve's decision at its upcoming policy meeting on September 17-18.
Four Major Economic Events to Watch This Week (September 2-8, 2024)
avatarBarcode
2024-08-31
$IBM(IBM)$ $Microsoft(MSFT)$ $1X AMZN(AMZN.UK)$ $Alphabet(GOOGL)$  💹💰💹 IBM Roars to Life: Hedge Funds? More Like Hedge Fools! 💹💰💹 Kia ora Tiger traders! $IBM: From Sleeper to a Beast! 🚀 I’ve got to say~there’s nothing “sleeper” about IBM stock, despite what some hedge funds tried to convince us earlier this year. While they were busy hitting the snooze button, I was wide awake and riding this beast to the top. I’m now up 5.27%, and it’s clear that those who called it a “short” missed the boat entirely! 📈 Post-Market Update: IBM Still Climbing! • Last Price: $202.15 • Post-Market Price: $202.15 (+0.01%) • High:
avatarBullaroo
2024-08-31

September Effect: Defying the Myth or Riding the Wave?

August was undeniably a roller coaster for investors, marked by sharp market declines, rebounds, and a steady stream of macroeconomic events. As we move into September, a month historically associated with weaker stock market returns, the debate over the so-called "September Effect" is heating up. A Goldman Sachs analyst recently stated his intention to turn tactically bullish on August 30th, planning to buy in early September. This raises a critical question for investors: Should you follow suit and turn bullish like Goldman Sachs, wait on the sidelines, or even bet on a market decline in September? Respecting the Market's Complexity The market is a complex and ever-changing entity, and attempting to predict its movements can often be a futile exercise. My investment philosophy begins wit
September Effect: Defying the Myth or Riding the Wave?
avatarFutures_Pro
2024-09-06

Is There a “September Curse” for Gold?

Even though gold $Gold - main 2412(GCmain)$ prices are still trading high, their upward momentum seems to wane with the arrival of September, a trend sometimes referred to as the “September Curse” in the gold market.Nicky Shiels, the Head of Metals Strategy at MKS PAMP, recently highlighted that since 2009, gold prices have averaged a 2.4% drop in September. Analysts also note that since 2017, gold has averaged a 3.2% decline during this month.It’s not just gold, silver also suffers in September. Over the past 15 years, silver prices have dropped an average of 3.7% in the last month of Q3.Why does gold tend to fall in September?Several factors might be at play. Analysts suggest that traders might adjust their asset allocation strategies during
Is There a “September Curse” for Gold?
avatarSpiders
2024-09-29
In investing, I always aim to stay positive and find opportunities even in less-than-ideal situations. For example, holding onto stocks that are currently underperforming (often referred to as "bagholding") is not always a negative experience for me, especially when the companies themselves are stable and financially sound. Take my recent investment in Ready Capital Corp as an example. In September, I bought shares at $8 per share, but today, the price has dropped slightly to around $7.83. While this represents an unrealized loss, I do not see any fundamental issues with the company that would make me want to sell at a loss. I believe in the company's long-term prospects, so selling now would not align with my strategy. Interestingly, I tend to find it much harder to resist selling when I
avatarTiger V
2024-09-06

Global Markets Struggle Amid Economic Concerns

Overview of the Markets Global stock markets experienced a challenging day, as mixed economic data and concerns over future growth weighed on investor sentiment. US stocks reacted to weaker-than-expected labor market data, while European and Asian markets faced pressures from broader global concerns. The tech-heavy Nasdaq showed some resilience, while other indices faltered. US Markets: Labor Worries Weigh on Stocks US stocks closed lower, as the Dow Jones $DJIA(.DJI)$   dropped by 0.5% to 40,755, and the S&P 500 $S&P 500(.SPX)$  lost 0.3% to 5,503. Investors were wary following weaker-than-expected labor market data, rai
Global Markets Struggle Amid Economic Concerns
avatarmomotaro
2024-09-30
In September 2023, the American stock market exhibited significant volatility driven by economic indicators, interest rate fluctuations, and geopolitical uncertainties, challenging the resilience of market participants and their depth of knowledge. One word - stay cool
avatarTiger_comments
2024-09-03

$9 Mln Bets on VIX? Would You Take Profit or Hold Till Election?

Options traders bought call spreads on $Cboe Volatility Index(VIX)$ expiring in September, spending upwards of $9 million.This trade hedges against the VIX rising above 22 from its current level around 15, with profits capped if the index reaches 30. A jump to that level would bring the VIX back to where it was Aug. 9, when the market was recovering from a sharp selloff.In the past 5 and 10 years of the election year cycle, $S&P 500(.SPX)$ has typically shown a downward trend in October. Although the red line (current trend) has performed strongly at the end of August, historical data suggests that in the coming months, particularly in October, the index could face downward pressure.However, reality do
$9 Mln Bets on VIX? Would You Take Profit or Hold Till Election?
avatarTiger V
2024-09-04

Global Markets Tumble as Weak US Data Sparks Economic Concerns

Overview:  Global markets experienced significant declines, with US equities leading the sell-off following disappointing manufacturing data that heightened worries about economic stability. European markets followed suit, while Asian markets remained mixed, reflecting caution ahead of critical US economic releases. US Markets: Sharp Declines Amid Economic Worries US markets closed sharply lower, with the Dow Jones $DJIA(.DJI)$  dropping 1.5%, the S&P 500 $S&P 500(.SPX)$  falling 2.1%, and the Nasdaq $NASDAQ(.IXIC)$  plunging 3.2%. The sell-of
Global Markets Tumble as Weak US Data Sparks Economic Concerns
avatarTiger V
2024-09-03

Can September Break the Curse? Navigating Market Volatility

Overview:  The U.S. stock market has enjoyed four consecutive months of gains, with the S&P 500 Index $S&P 500(.SPX)$  rising 2.3% in August and nearing historical highs. As September approaches, historically known as the worst month for stocks, investors are wary of the "September Effect." Since 1990, the S&P 500 has averaged a 1.04% loss in September, with a track record of declines in recent years. However, this year could be different due to the influence of an election year and potential rate cuts. Investors are considering strategies to protect their portfolios from potential volatility. The "September Effect": What's Behind the Volatility?  September's reputation as a challenging month for stocks stems from s
Can September Break the Curse? Navigating Market Volatility
avatarTigerOptions
2024-08-31

Trades Recap Going Into September

August has been a month of mixed fortunes for the market, and my trading strategies have reflected this volatility. Recently, I shared my views on $PDD Holdings Inc(PDD)$ and $Dell Technologies Inc.(DELL)$. I also took options trades for these 2 companies. Let's delve into the performance of my trades on PDD and DELL, along with insights for future opportunities. PDD Daily Chart My stance of a short term bounce on PDD was validated by a short-term price increase following the huge drop after earnings report. However, I chose to take profits as the implied volatility (IV) began to decline, indicating a potential loss of momentum. The decision to exit at a profit was a calculated move to secure gains and avo
Trades Recap Going Into September
avatarBarcode
2024-08-31
$Apple(AAPL)$ Bullish and in Calls❣️ 🍎📉⏳ Apple’s September Slump: Will It Defy Gravity? ⏳📉🍎 Kia ora Tiger traders!  🍎 Did you know? Historically, September has been Apple’s 🍏 Achilles’ heel, often proving to be the cruelest month of the year. 📉 Over the past decade, Apple shares have averaged a 3.5% dip each September. This pullback comes after gaining an average of 6.5% in July and 4.8% in August. In August alone, Apple gained 3.1%, and it has jumped nearly 19% this year, according to CNBC. 🚀 Even in bullish years, the gravity of September seems to pull Apple back to Earth. 🌍 Notably, in the 2020 election year, the stock saw a staggering 10.32% drop~coincidence or is there more to the story? 📊 🍏🎉 Apple’s September Event Spectacle: Ready for
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