The S&P 500 Was Down 4% in September. Keep Buying Anyway
Given last month's surprise shellacking, it would be easy for investors to justify calling it quits for a while. The S&P 500 fell 4% in September, but that figure obscures the fact that the index fell more than 10% from peak to trough. The month just happened to start and end on a bullish foot. We may not be out of the woods yet.
A little perspective is needed, though. As harrowing as the plunge was, look at where we were as of the end of August, and what the future appears to be. Recent volatility isn't a reason to be shaken out of the market. In fact, the pullback is serving up some nice entry opportunities.
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Source Fool.com
