The calendar may still say "summer" but everyone else is saying "fall," a word that takes on a whole new meaning for the market when it comes to September.
In the week ahead, there's also a world seemingly at war to think about, more on the economy and some other bits and bites to consider.
During a year in which the market has defied most investors' expectations, it's worthwhile to consider that the worst month of the year is ahead.
With the Dow industrials up 11.3 percent year to date the S&P 500boasting a 10.6 percent gain.
September historically has been the market's worst month. This can be seen on the chart. On a 100-year basis, the DJIA Index declined from -1.09 in September. On a 50-year basis with -0.85, and in the last 20 years the decline was -0.96%.
Aside from the potential for a September slide, the market will be focused on what's happening beyond Wall Street.
Saber rattling that stretches from North Korea to the U.S. could unnerve a market that just made it through a pretty volatile August.
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
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