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  • 🛌 Wake Me Up When September Ends: Why This Is The Worst Month For Stocks

🛌 Wake Me Up When September Ends: Why This Is The Worst Month For Stocks

The market starts September in the red, three defensive names to hold and more

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Happy Tuesday Zingernation! They say that history doesn’t repeat itself, but it often rhymes. Which means that this is the time of the year that I’m bullish on my fantasy football team before an inevitable injury takes me out of the running in the first few weeks. September is also historically the worst week for stocks, but you can fight the trend with these three defensive stocks.

—Aaron Bry

Plus, looking for a way to trade the AI and electric vehicle booms? Check out today’s partner, who’s reshaping the way we extract lithium.

MARKET SNAPSHOT

Last Week: A strong rally Friday afternoon brought us slightly into the green for the week after $NVDA’s earnings report failed to spark enthusiasm in the overall market.

On Our Radar: Construction spending and ISM manufacturing data will hit the tape at 10am ET, and then this afternoon we will get a few earnings reports from companies like Zscaler. Trade on, Zingers!

TOP STORY

Basically: After a strong finish to last week, thanks to benign inflation data, sentiment appears to have soured as the market opens after Monday’s Labor Day holiday.

So: The index futures were sharply lower early Tuesday. Risk appetite has waned as the market looks ahead to the monthly jobs data, considered a piece of the puzzle that can decide the fate of the widely anticipated rate cuts by the Federal Reserve. Here’s why stocks tend to struggle in September, and what you can do to protect your money.

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With its flagship Neves Project set to commence production by Q4 2024, Atlas Lithium is strategically poised for success in the booming lithium sector.

Learn more about Atlas Lithium’s strategic initiatives and their impact on the lithium market by clicking here.

FIVE ZINGERS

If You Can’t Beat ‘Em, Join ‘Em: Nancy Pelosi is bullish on Broadcom, and here’s why some experts think you should follow her lead.

Analyst Calls: We’re starting the week off with some big analyst calls in stocks like Boeing, Unity Software and these other stocks.

Going Against Warren: Buffett has been selling his Bank of America stock, but one analyst is taking the other side and getting bullish on the stock.

Strike Three: Boeing has been striking out all year, but now a group of its machinists might go on strike, putting shares under further pressure.

Green In A Sea Of Red: Most stocks are in the red as we head into the shortened trading week. But this mega-cap tech stock is bucking the trend.

ONE FOR THE ROAD

Basically: During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

So: Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Here are three dividend-yielding, defensive stocks to take a look at to protect your portfolio.

PRESENTED BY BENZINGA
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