September was a tough month for the stock market, but one market sector overcame the storm.
Last month, all three major US indices closed on a downtrend. This isn’t as bad as it looks, given the continued strong Brulan stocks.
But I would like to dig deeper.
With the S & P 500, the Dow Jones Industrial Average, and the Nasdaq Composite falling down in September and even into early October, it’s easy to suggest that it’s bringing bad news to the stock as a whole.
However, my research found that this was not the case.
In this episode of Bull & Bear, I will talk about one sector that leaves the rest of the market in the dust all year round. In addition, we will discuss the best way to recreate this potential trend in the future.
Markets fall in September, but one sector rises to high levels
We can expect the market to turn around after the longest bull market in history.
However, the recent market decline has dominated the headlines due to its high volatility.
Looking at the performance of the S & P 500 from September 1st to October 12th, the decline is noticeable.
S & P 500 index has fallen nearly 4% since September 2021
The highest index score since the beginning of September occurred on the second day of the month when the index reached 4,536.95.
A month later, the S & P 500 fell to 4,300.46. It rebounded and sat at about 4,350 in mid-October. And it has recovered higher in the last few days.
One sector of the S & P 500 dominated this period and outperformed in a year.listen Bull & Bear To find a way to play it.
Bull & Bear
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Matt Clark, CMSA®
Survey analyst, Money & Market
Matt Clark is a research analyst Money & Market.. He is a Certified Capital Markets & Securities Analyst at the Corporate Finance Institute and In search of alpha..Before joining Money & Market, He has been a journalist and editor for 25 years, responsible for college sports, business and politics.
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