October Historically A Volatile Month & Importance Of JOLTS Data

<p>The S&amp;P 500 Index or SPX and Nasdaq had their first three quarter losing streak since 2009. "A mid-term election year could cause the stock market to go higher this quarter. October has historically been a volatile month. Notable economic data this week includes the ISM Manufacturing PMI, JOLTS, Factory Orders, Durable Goods, and the Employment Situation. Specifically, if we see a drop in the JOLTS number, that could indicate a move higher for markets," says Kevin Green.</p>