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Will the stock market live up to the 4th quarter’s reputation for strength?

“Since 1950, the S&P 500 has gained 3.9% on average in the fourth quarter, advancing 79.1% of the time, the data show” reports foxbusiness.com. LPL isn’t looking for a 6% jump in the fourth quarter, but the data suggest the chances of a major selloff are “rather slim,” he said.Equities have a reputation to uphold as the fourth quarter–historically the market’s strongest–kicks off Monday in the wake of an unseasonably strong September.On balance, equities have become a buy-high, sell-higher market with the popular broad-based indices near all-time highs and valuation levels elevated.”.
 
Source: foxbusiness.com



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