While August and September are seasonally weaker months of the year for equity markets, there is still a lot to do, notes Thomas J. Hayes. He discusses market seasonality and if there is expected weakness in September. He talks about positioning strategies to consider for autumn. He goes over why the long-tech and short China trades are too crowded, and what the latest GDP data reveals about the U.S. economy. He then goes over his stock pick Citigroup (C) and his ETF pick iShares 20+ Year Treasury Bond ETF. He outlines why the long-tech and short China trades are too crowded. Tune in to find out more about the stock market today.
Trading 360
30 Aug 2023
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