The S&P 500 increased 0.43% in September. Moreover, the Q3 2018 gain of 7.2% ranked as the best quarterly price appreciation for the S&P 500 since Q4 2013 (when it gained 9.92%). Through the last trading day of September the S&P 500 is now up 8.99% for 2018. This represents quite a reversal for the S&P 500 which had YTD returns of -0.96% at the end of April. Let's review price, sentiment and valuation as we start October.
Monday, October 1, 2018
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