This is the one thing traders and investors should know going into September
Watch the full interview with Marc Chaikin from today's episode of Benzinga's Premarket Prep on BenzingaTV on YouTube now.
#1 Morning Stock Show To Get You Ready For The Stock Market Open, PreMarket Gainers, Earnings This Week, Economic Data & More!
Benzinga PreMarket Prep 8:00AM ET- 9:00AM ET.
#1 Morning Stock Show To Get You Ready For The Stock Market Open, PreMarket Gainers, Earnings This Week, Economic Data & More!
Benzinga PreMarket Prep 8:00AM ET- 9:00AM ET.
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NewsTranscript
00:00 You know, we're heading into this holiday weekend. One thing I think that your audience should know,
00:06 because you're reading a lot about it, you know, September is a terrible month for the market.
00:10 That is true, except when you're up double digits heading into September, and then the odds skew in
00:17 favor of finishing the month higher. And in fact, what I always look for, and I have for 40 years,
00:25 is you want to see weakness in early September result in a strong close to the month, and then
00:32 you typically get a strong close to the year. So I am looking to buy any weakness that we see
00:38 over the next five to seven trading days in anticipation of a very strong close to the year.