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Is a “September Swoon” in the Cards?

“October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”

–Mark Twain

As the summer draws to a close and traders return to their desks today, the mood in the financial markets is as nervous as ever.

Sure, the S&P 500 just closed its strongest month since February, climbing over 4% in August. Yet, there were few signs of celebration when it closed above 2,000 for the first time, 16 years after it first breached the 1,000 level. Indeed, rarely has a new read more…