Markets Bucking the September Trend (XME, XHB, ITB, IYR)

Stifel Nicolaus Managing Director David Lutz explains why the markets are doing well despite the historical trend that September is seen as the worst month for stocks. David tells FOX Business that since 1900, there have been 16 times where there were no down days exceeding 1% in a quarter. In those circumstances, the market has averaged a 6% gain. Dave see’s a big tail wind in this market right now.

You can see his whole FOX Business interview below:


Related:

SPDR S&P Metals & Mining (NYSEArca:XME)

The SPDR S&P Metals and Mining ETF seeks to replicate as closely as possible, before expenses, the total return performance of the S&P Metals and Mining Select Industry Index.

SPDR S&P Homebuilders (NYSEArca:XHB)

The SPDR S&P Homebuilders ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index

iShares Dow Jones US Home Construction (NYSEArca:ITB)

The iShares Dow Jones U.S. Home Construction Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Home Construction Index.

iShares Dow Jones US Real Estate (NYSEArca:IYR)

The iShares Dow Jones U.S. Real Estate Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, to the performance of the real estate sector of the U.S. equity market, as represented by the Dow Jones U.S. Real Estate Index.

Leave a Reply

Your email address will not be published. Required fields are marked *