In the real world, October equates to a welcome seasonal change.
In the stock market, however, election-year Octobers are known for pre-election shocks. This glitch when presidential elections experience out-of-the-blue events leading up to the vote has come to be known as the “October surprise.”
Is 2024 set for an October surprise of its own? Only time will tell.
And while investors may face some hurdles this month, we’ll unpack a powerful trade setup to turn any sudden volatility from an unwelcome burden to a buying opportunity.
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