Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to

Also in

Health Care Loses Its Immunity

Having trouble viewing this email? View it online.
Tuesday, October 6, 2015
Money and Markets
Health Care Loses Its Immunity
by Jon Markman

Dear ,

Jon Markman

Here are some notes on recent market activity.

— The S&P 500 started last week with a 2.5% plunge on Monday. From that close to the Friday close, the market rose 3.7% to finish up 1% for the week. It sure looks like the week's action amounted to a second test of the August lows. However, before you get your hopes up, keep in mind that the charts have been faking people out all year, so this might be just one more of that series. Note that the Russell 2000 actually undercut its August low, which paradoxically could be a positive.

— Corrections typically take down every sector. Until the past two weeks, health care had been immune. Not anymore. Bespoke analysts note that not one health-care stock in the S&P 500 was above its 50-day average at the start of the week. That had only happened twice before in recent history: during the worst of the financial crisis in 2008 and near the lows of summer 2011.

Click image for larger view

— On Tuesday, Sept. 29, the Nasdaq Biotech index sank for the eighth session in a row, finishing down 20%. That was the longest streak of losses for the index since October 2008, and only the sixth time in the index's history that it declined for eight or more straight days, according to Bespoke data. Since 1994, there have only been four other periods where the index saw a similar 20%+ decline in eight trading days: March 2000, March 2001, September 2001 and October 2008. The average return for the index one month later was 3.1%; three months later, 17%; and six months later, 11.5%. But the analysts warn there was not a straight line higher for biotechs, as all but one featured another 7% decline in the next few months. In short, this is probably a good time to pick up some biotechs for at least a six-month hold, but be ready for further volatility.

Protect Your Money!

I'm so confident that simply taking the right steps now, you can USE these fast-breaking events to multiply your money ... I am ready, willing and able to give you everything you need to help protect and multiply your wealth in 2015 — absolutely FREE! Click here to view now! –Larry

Internal Sponsorship

— Biotech is naturally now in a bear market. Of the 18 prior biotech bear markets, Bespoke data shows the average length was about three months, over which time the index dropped an average of 29.3%. Based on these prior declines, if the current bear market follows the average path, it would imply further downside of about 10% over the course of the next three weeks, the analysts said.

— If a counter-trend rally emerges now, expect the most unloved groups to rise the most as late-coming short-sellers see their profits go up in flames. This would be the energy, materials and mining groups, as well as health care.

* *

Season to Taste

October has a bad reputation for weak seasonality but — surprise — it actually tends to feature gains. In the last 100, 50 and 20 years, according to Bespoke Investment Group data, the month has gained 0.24%, 0.65% and 1.6% respectively, with a positive result 70% of the time. All three months of the fourth quarter have tended to be strong for markets, with October, November and December all averaging 1%+ gains with positive frequency at 70%, according to the data, summarized in the chart below.

Click image for larger view

The S&P 500 is entering October down big for two months in a row and also down for the year.

Bespoke analysts ran the numbers to see what has tended to happen in October in years when the S&P 500 has been down at least 1% in August, down at least 1% in September, and is entering October down for the year. Ten years since 1928 fit this criteria, the analysts say, and perhaps surprisingly the market hasn't done too bad in the subsequent October. The average change for the month has been +2.15% with positive returns 60% of the time. That's better than the average change of +0.46% for all Octobers since 1928. For the entire fourth quarter, the index has averaged a gain of 2.01% with positive returns eight out of 10 times.

Next up for markets – earnings season, which kicks off this week and could help set the tone for equities for the fourth quarter.

Best wishes,

Jon Markman

The investment strategy and opinions expressed in this article are those of the author's and do not necessarily reflect those of any other editor at Weiss Research or the company as a whole.

Have comments? Tell Us!

Facebook Twitter Linkedin YouTube Pinterest
Money and Markets on iPad and iPhone
Get the app for Money and Markets
App Store App Store

About Money and Markets
For more information and archived issues, visit
Money and Markets is a free daily investment newsletter published by Weiss Research, Inc. This publication does not provide individual, customized investment or trading advice. All information is based upon data whose accuracy is deemed reliable, but not guaranteed. Performance returns cited are derived from our best estimates, but hypothetical as we do not track actual prices of customer purchases and sales. We cannot guarantee the accuracy of third party advertisements or sponsors, and these ads do not necessarily express the viewpoints of Money and Markets or its editors. For more information, see our Terms and Conditions. View our Privacy Policy. Would you like to unsubscribe from our mailing list? To make sure you don't miss our urgent updates, just follow these simple steps to add Weiss Research to your address book.

Attention editors and publishers! Money and Markets teaser content may be republished with a link to the full story on Such republication must include attribution with a link to the MoneyandMarkets home page as follows: "Source:"

Money and Markets: A Division of Weiss Research, Inc. |
4400 Northcorp Parkway | Palm Beach Gardens, FL 33410 | 1-800-393-0189


All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.

Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See Spamdex is in no way associated though. Supporters and members of Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 08000 0514541.