Volatility Ahead? September Seasonality, FOMC, Triple-Witching Loom

From Nasdaq: 2024-09-16 16:44:00

Following a strong rally, U.S. equity indices have dipped recently due to factors like the unraveling Japanese “Yen Carry” trade and margin contraction from Nvidia. However, stocks rebounded after reassurances from Nvidia’s CEO and Oracle’s CEO, Larry Ellison. The market remains choppy, leading to uncertainty in stock movements going forward.

Short-term volatility is expected due to bearish seasonality in September, the upcoming Federal Reserve interest rate decision, and the triple-witching expiration on September 20th. Investors may witness turbulence in the market as these events take place. Stay prepared for potential fluctuations in stock prices in the near future.

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