[Market Outlook] Good News Is Bad News For October

Good News Is Bad News For October October 3rd, 2016 by Geoff Bysshe  President, MarketGauge.com  Hi Trader , As The media loves to tell scary stories about the performance of the S&P 500 in October. It’s not hard to do with the crash of 1987 which left October down 21%, and more recently October 2008 which shed about 17% from investors’ portfolios on top of an already punishing year. Big down months like those are certainly scary, but the media usually neglects to report on “the rest of the story”. So before you blindly believe the hype about October consider this… Almost exactly one year ago today I wrote a piece for our members (maybe you read it) which concluded that the month of October in 2015 was, statistically likely to be a “bear killer” that year. In that article I referred to October, as a “gold mine” and a “great time to find bullish swing trades”. Last October the S&P 500 returned 8.30% which was the 5th best October performance in the last 49 years! Needless to say, if you missed lasted year’s October move, you missed the best month of the year, so be careful about what you believe in the media. Unfortunately, if history is as helpful as it was last year, October 2016 does not have the same “gold mine” qualities it had in 2015. As you’ll discover in this week’s Market Outlook video, the markets have some very clear lines of support which you should treat with great respect. Additionally, the performance of the leading sectors as measured by our Triple Play price and volume leadership indicators should be also be monitored closely, because the bulls will not have the wind at their back this October. Tap here to watch this week’s video, and discover which sectors will help you anticipate which way the market will move in October, and... Discover why this table below (Table 4) illustrates why stocks may struggle in October. Tap here to learn why the good news about the performance of stocks in 2016 is now bad news for October. Best wishes for your trading, Geoff Bysshe President MarketGauge.com @marketgauge

Get more - follow us on Twitter!   @marketgauge  and  @marketminute   To stop receiving this go here.   |   Got Questions? (Office hours 9-5 ET (New York time)) Email: info@marketgauge.com Live Chat: Go to bottom right corner of our home page. Call: 888-241-3060 or 973-729-0485 "Market Intelligence at a Glance + Tools For Serious Traders" Tap here to manage your email subscriptions or stop receiving this email. The information provided by us is for educational and informational purposes only. This is not intended to be individualized investment advice. If you require investment advice, please contact your investment adviser or our affiliated investment adviser, Market Gauge Asset Management, LLC, at www.mgamllc.com

MarketGauge.com 70 Sparta Ave, Suite 203 Sparta, New Jersey 07871 United States (888) 241-3060