Goldman Sachs says in the middle of the worst seasonal equity period of the year right now

<p>Goldman Sachs on US equities. </p><ul><li>“We are in the middle of the worst seasonal equity period of the year right now for the market to close out Q3.</li><li> Since 1928, the median SPX return for the last 10 out of 11 days in September is negative. </li><li>In addition, Monday is holiday and potential long weekend (lower volumes). </li><li>This dynamic improves as we move in October, see NDX for example”</li></ul><p>—</p><p>Can someone fill me in on 'Monday is a holiday'? I have the New York Stock Exchange, NASDAQ and Bond markets all open today.</p><p>ADDED – OK, Yom Kippur. Got it. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.