CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs and spread bets with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Asset Watch
Tuesday, September 13 2022
Source: TradingView
While the good times may last for another week or so, seasonality shows that the S&P 500 often peaks in mid-September before declining sharply into the end of the month. Likewise, the U.S. mid-term elections occur in November. Bank of America found that September is the S&P 500’s worst month, with an average decline of 1.14%. Additionally, 47.8% of historical Septembers were positive, which is the second lowest, only behind June’s 43.5%.
As a result, while the technical backdrop is short-term bullish, the risk of a reversal increases substantially after this week. So, should you play it safe and exit early, or hold the line and fade the seasonal blues?
Sources:
S&P 500 seasonality data
ADS Securities London Limited “ADSS” is an execution-only service provider. This material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or investment objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by ADSS that any particular investment, security, transaction or investment strategy is suitable for any specific person. To the extent that any content in this material is construed as investment research, you must note and accept that the content was not prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. This material may contain links to