This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Will It Be a September to Remember?

NEW YORK ( Fabian Capital Management) -- As we approach Labor Day and look ahead to the final four months of the year, I think it's prudent to assess the state of the markets.

By analyzing both the opportunities and risks, you can make definitive choices for your portfolio in the context of a rational game plan to achieve your goals.

This year has been one characterized by significant changes in stocks, bonds, and commodities which have likely made an impact on your expectations for future returns. The shifting dynamic between each of these asset classes has brought to light the need for proactive changes to navigate these murky waters.

From an economic standpoint the data continue to point to positive trends. U.S. second-quarter GDP was recently revised up to 2.5% from an initial reading of 1.7%, which the markets reacted favorably to. In addition, job numbers continue to remain stable and we have yet to see the full impact of rising interest rates on consumers.

These are all net positives for the domestic economic picture and point to a confirmation of the Fed's plan to taper its asset purchases sometime this year. We all know at some point the free money train was going to have to pull into the terminal and we may get an announcement of that in September.

In the geopolitical context, the picture is much darker.

We are facing the potential for conflict with Syria, which has spooked the markets and sent energy prices higher. In addition, we are seeing continued weakness in emerging market stocks, bonds and currencies, which does not bode well for overseas investments.

All these factors have me concerned about the potential for a spillover effect into the U.S. markets, if conditions continue to worsen.

Stocks: Make the Most of This Pullback

The domestic stock market has had a fantastic run this year.

The SPDR S&P 500 ETF (SPY) has risen over 21% from the beginning of the year to its August highs, and has since pulled back slightly. Currently the bellwether large-cap index is sitting just below its 50-day moving average.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $130.28 0.00%
FB $79.19 0.00%
GOOG $532.11 0.00%
TSLA $250.80 0.00%
YHOO $42.94 0.00%

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs