Market Commentary October 2016

Please find this month’s Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market.

The short-term pullback we expected in September failed to materialise and given the Presidential election in the US and the chance of a seasonal October surprise, we would not rule anything out this month. However, the market is in good shape for a “normal” fourth-quarter where the markets enjoy their traditional strong finish to the year, especially given the fact that the fourth quarter for stocks is historically stronger when the first nine months are better than average.