Oh no, it’s September Again!

As easy as it might be to fall into the "Oh no, it's September, here we go again" trap, it is imperative that we try to emotionally remove ourselves from the media’s reporting for a moment and conduct an objective review of the market indicators and stocks or funds you hold in your portfolio. Then, we can answer the question, "Should I hold or sell?" If there are holdings which are in a negative trend with weak attributes, by all means we should take defensive action and exit the position. But just because it "feels bad out there" and the “talking heads are reporting…” we must resist the urge to make rash and unsupported decisions. For this reason it is important to focus on what the market indicators are suggesting- The major US equity indices are currently in positive trends (as are a majority of stocks) and continue to suggest an offensive posture. And, US Equities continue to rank number one within the six major asset classes. Should something change to suggest increased risk in the market or a more defensive posture we, too, will change. All in all, history would suggest the probability of September being a down month for the market is only slightly better than the flip of a coin. Securities and Investment Advisory services offered through NBC Securities, Inc., Member FINRA and SIPC. Investment products 1) are not FDIC insured, 2) not guaranteed by any bank and 3) may lose value including a possible loss of principal invested.