Posted 10/12/2023, 10:00:51 AM
Stocks Rally for 4 Days Straight; Investors Eye Key Inflation Report
- Stocks extending 4-day winning streaks, leaving major indexes positive after disappointing August/September
- September CPI report Thursday could halt rally if inflation comes in hotter than expected
- Away from headlines, seasonal trends shifting from bearish to bullish into year-end
- VIX historically peaks in October then trends down into year-end
- Only Black Monday crash stopped S&P 500 gains over final 5 months after 10% July gain