The Closing Print live trading and financial blog during market hours.

Sector Seasonality and the S&P 500 – Worst Month of the Year – Back to School

September and sector seasonality tends to be the the worst month of the year for investors and traders alike. The S&P 500 was higher only two of the last five years during this period. The big cap index rose in 2013 and 2017, with 2014 and 2015 trading sideways to slightly lower.

September Seasonality

September Seasonality

September Seasonalty – 2014

As an example, during the period September to October of 2014, the SPX suffered a 10% drawndown (-9.86%). This pullback resulted from the Africa Ebola scare spilling over into the United States.

Technically speaking, RSI was dropping or diverging from price in 2014. In winning years like 2013 and 2017 RSI was rising with price, as it is now. In addition, 2017 and 2018 show MACD rising, whcih leads us to believe there is a fair chance we could move sideways to higher during this time period.


SPX Weekly

Seasonality – Sector Performance

During the September 2014 Ebola scare, wise investors fled to Utilities and Consumer Staples.


Sector Performance


At present, with momentum on the bullish side and more NAFTA news likely to hit the tape today, we are steadily reducing exposure by selling partial positions. If you were listening LIVE or have been paying attention to the alerts, you will note that we have been weeding the garden of non-performers over the past two weeks. We want to focus on fewer positions going into the fall.

At present, price action, breadth and market indicators are bullish. We have no sell signals at this time.

Join us LIVE at 9:20 AM for the daily broadcast during market hours. Watch, listen and trade with us as we navigate the markets.

Happy Trading,


Investors 20 dollar special back to school

Disclaimer:  Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.