Monthly Issue: 09/30/21
I don't know about you, but I'm very glad to put September in the rearview mirror. Monthly ISSUE Sep 30, 2021 Hi Savio, I don't know about you, but I'm very glad to put September in the rearview mirror. It was a tough month for the stock market and our Power Portfolio stocks, but the reality is the volatility and subsequent weakness is par for the course for the stock market in September, as it is the weakest month of the year for the market. Now, there is some good news here, too. For starters, several of our Power Portfolio stocks began to turn around in the final 10 trading days of the month due to increased buying pressure, which is a very positive sign. Looking ahead to October, I expect our stocks to really hit the gas. The reality is October has been a seasonally strong month for the market for more than 30 years. ...