Market Report for Sep 01 2022
The last trading day ended similar to the prior few days by slowly moving lower. Since Powell’s speech on Friday, the S&P 500 has moved down slightly shy of 6%.
With NFP tomorrow, we should expect more interesting times this week, after which we can assess the market with less noise around. However, as mentioned on the weekend webinar, we should expect weakness during September.
Let’s go trade!