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Mon, 30 September 2013
Positive 4th quarter on the way?
The S&P 500 shows a year-to-date 2013 gain of 19%, including a September gain of over 3%. This is a bit of a surprise as September is often the weakest month of the year for stocks.  
Research by Sam Stovall, chief equity strategist at S&P Capital IQ suggests that, on average, the S&P 500 follows a positive September with a 4.7% gain for the final three months of the year. The performance has been positive 80% of the time dating to 1945. 
This is good news for investors, even in the face of the political shenanigans out of Washington once again.
Posted: 5:35 CST

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