Good Monday morning. What’s happening in September, historically the worst month of the year, should not be happening. Stocks should be falling right now, especially as we’re in the worst 9 trading days of the year. But that’s not been the case, as ATH’s keep building.  

This is an important market timing issue as the analytics have held up well over the last 2 years (from the birth of the bull market). The end result is that investors that trade on seasonality are either short the market or broadly underinvested. They’re on the wrong side of this big move higher.

With the strongest quarter of the year fast approaching...the 4th quarter is by far the strongest quarter for equities…smart money front-running of Q4 is likely already underway. As we’ve been covering, front-running is occurring faster than ever. As we start trading today we’re just 6 trading days from the start of Q4.

VRA Bottom Line: with a Fed rate cutting cycle now underway, being short here is high risk…and we’...