Why October is an ideal window to load up on stocks, according to Citadel Securities top strategist
News Source : Business Insider
News Summary
- Citadel Securities' top stock strategist sees better things on the horizon as the fourth quarter kicks off.
- The firm's Scott Rubner predicts this month will likely set up a more hospitable investing environment.
- The combination of a strong earnings season that puts more companies back in control of their own performance and the return of several key buying groups is likely setting stocks up to surge.
- All of this should lead to a more favorable market for stock pickers, even if early October brings some trading volatility.
September lived up to its reputation as a tough month for investors, but Citadel Securities top stock strategist sees better things on the horizon as the fourth quarter kicks off.
Never miss a story from us, subscribe to our newsletter