10/8 Daily Plan: Markets Continue to Keep Flat As The Goal in October

U.S. Market Strategy

We’re about 25% through October, and the monthly candle for the S&P 500 is turning out to be close to the flat line. Despite the large move on NFP day, the following session (yesterday), and today’s bounce, the market has done nothing all month on a closing basis.

I view this to be constructive. While some folks may be worried about …