September Is Historically the Worst Month for the Stock Market. Is Now the Time to Cash Out?
Key Points
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Last September, the S&P 500 rose by 3.5%, but when the market was crashing in 2022, it declined more than 9% during the month.
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Given how hot the stock market has been in recent years, a pullback may be overdue.
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Trying to time the market,
Goldman Sachs warns that a consumer slowdown could soon hit the economy as tax refunds dry up
Get ready for a consumer slowdown to hit the US economy, Goldman Sachs warns.
The Wall Street bank is flagging a handful of risks that loom over consumer spending, a key pillar for economic growth and corporate earnings.
While retail sales have been mostly solid so far this year,
Read MoreIs September destined to be a bad month for the stock market?
September is right around the corner, and it’s not typically a great month for the stock market. In fact, historically, it’s known to be the worst month for the markets. With the S&P 500 (^GSPC -0.09%) also being at record highs, there may be some added risk this time around.Should investors consider taking their money out of the stock market before September hits,
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Read MoreNo, Social Security Taxes Weren’t Eliminated. Here’s What the $6,000 “Senior Bonus” Actually Does and the Income Level Where It Vanishes
Many retirees believed Social Security taxes were eliminated. They weren’t. The rules determining how much of your benefit lands on your 1040 remain unchanged.
What passed is a temporary deduction tied to age, not Social Security. It helps many retirees substantially, but disappears entirely once your income climbs past a specific line.
Read MoreThe Burst
1 Top Trader Just Bought Netflix
Is Netflix breaking out? If you are to believe Mark Minervini, a renowned trader with a very successful track record, the answer is yes, but there’s more to the story than meets the eye.
First let’s take a look out at the chart highlighting the recent breakout above resistance of Netflix. As you can see a few days ago the share price peeked above resistance,
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Read MoreThe Ivy
Why Did Trump’s Team Buy This Crypto?
On December 11, 2024 a wallet associated with President-Elect Donald Trump began buying a cryptocurrency, Chainlink (LINK) in spades. Within hours a full million dollars had been invested into the token, so what is it about this under-the-radar play that most investors are not seeing?
There’s a little-known piece of blockchain history that often goes overlooked: back in 2017,
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Read MoreThe Spotlight
Billionaire Bets Big On This Energy Stock
Billionaire Stanley Druckenmiller is renowned for his investing prowess, and he’s made some savvy calls over the years. So it was worth paying attention when his family office picked up just over a million shares of Cenovus Energy Inc. (NYSE:CVE).
Why would Druckenmiller might be interested in this Canadian oil producer and does it makes sense for investors to follow his lead?
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