Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 3rd of October.
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Many investors are saying, "thank goodness that the month of September is over!" Do you share that sentiment?
Welcome to Q4 and the first trading day in the month of October. It is the "trick or treat" month, as we celebrate Halloween at the end of the month. Is October going to provide a treat for investors? Or will it sucker them in and trick the market down to new lows?
As stated before, the problems in Greece are very real and are not going be solved to anyone's satisfaction. So what happens when a country defaults on its sovereign debt? No one knows what the answer will be to that question. The market however, will figure it out and deliver the answers that smart investors are looking for.
The month of September was brutal for most buy and hold investors, and that is why we advocate being nimble in these amazing economic times.
Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "Is October Going to Provide A Treat For Investors?"
