In this edition of Sector Spotlight, with September drawing to an end, I dive into the monthly seasonality, finding some very interesting seasonal patterns for Technology and Communication Services on the one hand and Energy and Health Care on the other. History suggests a 2% out-performance for Technology in October, while the S&P closed higher almost 70% of the time with an average return of 1.6%. Combine that with a strong rotation on the RRG and we’re looking at another stellar month coming up for Technology.
This video was originally broadcast on September 29th, 2020. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube.
Sector Spotlight airs weekly on Tuesdays at 10:30-11:00am ET. Past episodes can be found here.
#StaySafe, -Julius