August 2013

The Correction Appears Ripe for Rebound

Charles Schaap

Historically, August is one of the 4 worst performing months for the S&P 500 (source: Stock Trader's Almanac). This year, the S&P's performance fit the history, falling -2.8% during a market correction. The large, blue arrow represents the month of…

How Far the Market Could Fall

Charles Schaap

The general market started the week on a down day, but two of the indices closed higher by week's end. The Nasdaq gained +54 points (+1.5%), the S&P rose +7 points (+0.45%), but the Dow fell -73 points (-0.49%). Despite the mixed results, it was a…