Advance Placement: October Stock Market Predictions: What to Expect!
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 12 October 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
Dive into our comprehensive analysis of October's stock market trends and forecasts. With ever-changing dynamics and a volatile global landscape, it's crucial to stay informed. In this video, we'll break down key factors, potential market movers, and provide insights to help you make informed investment decisions.
Don't miss out on the latest financial insights and predictions for the month ahead. Subscribe for more timely updates and market analysis! #stocks #investing #October
Link to full episode: https://youtu.be/kIOIxxeHKcw?si=bGmwHyGRhJY87BUl (https://youtu.be/kIOIxxeHKcw?si=bGmwHyGRhJY87BUl)
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Transcript
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| 0:00.0 | The month of September was one of the roughest in recent years. |
| 0:04.2 | Do you believe the fourth quarter will be better for the market? |
| 0:08.1 | Yeah, historically, whenever we've had bad December, |
| 0:10.0 | we normally have positive returns for the fourth quarter, also two. |
| 0:15.0 | September is really important because of the fiscal year climate. |
| 0:17.5 | So I think we'll start to see a lot more buying in October. |
| 0:20.6 | I think we'll be fine, especially like a most of the magnificent seven will be fine. |
| 0:24.9 | A lot of stocks came down to lows where relatively, |
| 0:29.1 | I would like them like if Apple got to 162, I would want to buy in there. |
| 0:32.7 | It's currently a 173 and it hit a high in July of 198. |
| 0:37.1 | So every time we have a September, |
| 0:40.2 | we average between two to seven percent for the fourth quarter. |
| 0:44.4 | So unless this UAW strike remains, I'm still interested to see when people have to start paying back loans |
| 0:52.0 | on a student loan side. |
| 0:53.0 | How much of an impact that will have the government shut down will have the big of an impact. |
| 0:57.6 | But the biggest thing is if the Fed will keep raising rates, |
| 1:01.4 | if they announce they won't raise rates for the rest of the year, |
| 1:04.7 | definitively, I think that that will ease a little bit of the pressure and then the stock market |
| 1:08.8 | will be a-okay, going into the fourth quarter. |
| 1:12.3 | Yeah, historically, when people ask why, I would look at his, what does history tell us? |
| 1:17.7 | Historically, the fourth quarter has been the money quoted straight in, right? |
| 1:22.2 | So if we look at over the past 40 to 50 years, |
... |
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