Looking ahead to the rest of 2023, this pre-election year has typically seen the S&P 500 gain an average of 3.4% in price after treading water during Q3 and rise in three out of every four years. Will investors enjoy such favorable Q4 seasonality to finish the year, or will the Fed remain hawkish which may hurt investor expectations? We think a potential absence of leadership from small-cap stocks could be a lump of coal in holiday stockings.
During this webinar, Sam Stovall, CFRA’s Chief Investment Strategist, and Vincent Randazzo, Lowry’s Head of Technical Research, discuss the most likely outcome for the quarter ahead as well as “what’s in store for 2024.”
We will also:
• Review the historical performance of Q4 in pre-election years.
• Assess a soft landing or the possibility of a recession being delayed and how this could affect investor confidence and market behavior in the fourth quarter.
• Examine how the lack of leadership in small-cap stocks could affect the next quarter's overall market trends.
• Analyze if the current market conditions match up with historical seasonality trends.
• Highlight Lowry technical indicators and patterns that might influence Q4 market trends.
CFRA is a CFP Board sponsor. The CFP Board has accepted this session. Please provide your CFP ID to receive credit for attending this webinar.
