Just organizing some data, and then running it via ChatGPT for further analysis, figured I’d share it with you.Below are years when SPY was green during September and sector ETFs during those years.Sept 2024: +1.8%SMH +0.8%XLF -1%DIA +1.6%XBI -2.4%VTV +1%XLV -2%XLU +5.8%XRT +1.8%IWM +0.4%XHB +6%QQQ +2.4%IEMG +5.4%TLT +1.6%XLE -3.8%XLI +3%GDX +3%FXI +20%IYR +2.3%KRE -2.1%XME +6.4%BTC...Read More

When I started iBankCoin I wanted to hire a writer for the site and took him to lunch at the Four Seasons, NYC. It was 2009 and he regaled me with his hatred for stocks, describing why they ought to be lower and it all made sense. He said “this is the most hated rally...Read More

Above are monthly returns for the S&P 500 by month dating back to 1993. Is there anything unique about August – Sept inasmuch business collapses and/or great natural disasters wipes out large swaths of over-eager consumers?No.We just got it into our minds, as a collective, that this is the time of year to stoke some...Read More

I spoke too soon yesterday, referring to the dullness of the tape and how it wasn’t conducive with lower prices. At the open of trade things looked rickety, with volatile moves all over the place, and it was a foreboding of things to come.Losses came in at -87bps for the session, off the lows, albeit...Read More

It does not get more dull than this. I am succored by the fact that very soon markets will once again enliven, for good or for worse, and we’ll really be into it soon. However, for now — we’re beset upon by a molasses crawling off the summer picnic table sort of tape — featured...Read More