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Jay Woods: Technology sector only area with gains in September

Jay Woods: Technology sector only area with gains in September
Technology sector tops September performance

Jay Woods, chief market strategist at Freedom Capital Markets, highlights that only the technology sector (XLK) posted gains both today and for the month of September.

Woods points out that this sector was the lone positive performer in the current market environment.

Woods recently noted that September markets typically reach a peak by the 11th trading day, just ahead of the U.S. FOMC meeting, according to his analysis in previous coverage. He also highlighted increased attention on Zscaler from downtown sources following his recent report on the company. These observations provide additional context to Woods’ market commentary.

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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