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September market peak typically comes early in month, Jay Woods notes

September market peak typically comes early in month, Jay Woods notes
September market peak seen before FOMC

Jay Woods, chief market strategist at Freedom Capital Markets, observes that September seasonality may be less useful than some suggest.

He notes that markets generally peak by the 11th trading day of the month, which in this case falls on the Tuesday before the U.S. Federal Open Market Committee decision.

Woods has recently focused on technical levels for key stocks such as PANW, SNOW, and AVGO, while also referencing September statistics in his newsletter here. Earlier this year, his sector and stock picks matched those of other CNBC Pro analysts for the third time, as noted in a separate analysis here. These updates reflect his ongoing tracking of both technical trends and consensus calls among analysts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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