The Summer Stock Doldrums Are Temporary – Get Ready for the ‘Big Lift’ in October

By TradeSmith Editorial Staff

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When you have decades of Wall Street experience — like Quantum Edge Pro Editor Jason Bodner — you start to know patterns like the back of your hand.

Like how August and September have been two of the weakest months for the S&P 500 since 1990.

And right on schedule, the S&P 500 was down 2.5% from August 1 to August 11, 2023.

But Jason’s decades of experience offer more than just a history lesson on what to expect… his experience offers a game plan for what to do.

On August 10, Jason recommended taking profits on four out of five positions in a trade alert from his Quantum Edge Pro portfolio.

Because right now is a great time to cash in on some positions and have that money available to deploy on quality stocks that are unfairly beaten down throughout August and September because October, November, and December historically deliver some of the strongest returns of the year.

And something called the “Big Lift” could “juice up” those returns even more, says Jason.

The “Big Lift” is where the record amounts of cash sitting idly in money-market accounts — $5.7 trillion to be exact — could start to flow back into buying stocks.

Now, Jason’s exact portfolio moves and what stocks he’s eyeing next are reserved for the paid-up members of Quantum Edge Pro, and those members can access Jason’s video update about his latest moves here (just remember, you must be logged in to view). But because of the importance of this information, I wanted to give everyone in TradeSmith Daily a “peak” into a few minutes of Jason’s invaluable insight.

You can hear everything he has to say by clicking the “Play” button in the image below: