⚠️📊🇺🇸 The "internal strength" of the S&P 500 has collapsed over the past 2 weeks: only 42% of index stocks are trading above their 50-day moving average, the lowest reading in 5 months.
Historically, a weak period for US equities begins in August, with the selling climax arriving in mid-September, after which the historically strong Q4 begins, notes BofA.
Despite the September seasonal weakness BofA highlights, the S&P 500 has so far not declined but is simply consolidating at all-time highs.
Trump recently reiterated that stocks will go up.
This year, in addition to the seasonally strong Q4, experts note that a "pre-election pump" from Trump is also expected in US equities and crypto.
September 9, 2026 170
