September's poor history is hard to ignore, but market has many things on its side including the Fed [CNBC]
Independent Bank Corp. (INDB)
Last independent bank corp. earnings: 4/23 04:10 pm
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Source: CNBC
September is the worst month of the year for the Dow Industrials, S&P 500, NASDAQ and Russell 2000, according to the Stock Trader's Almanac. “While momentum usually overrides seasonal concerns, September is hard to ignore – it is the only month down on average,” Frank Gretz from Wellington Shields said in a Friday note to clients. The last four Septembers have been particularly ugly. September is the only month that has been lower in each of the past 4 years, our Robert Hum tells me. S&P 500 in September: It's been ugly recently (rounded) 2023: down 5% 2022: down 9% 2021: down 5% 2020: down 4% The elections are another wildcard. Many traders believe the outcome will not be known for some time after the November 5th election, adding a layer of risk to what is normally the start of a seasonally strong period. The good news outweighs the bad Seasonality aside, the market is riding a wave of momentum, and with good reason: 1) The market “broadening” trend is very re
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News
- 2 Gen Xers Explain Why They Have No Savings – Here are 5 Things Experts Say They Should Do [Yahoo! Finance]Yahoo! Finance
- Should you lock in a mortgage rate after the November rate cut? Experts weigh in [CBS News]CBS News
- The average age of U.S. homebuyers jumps to 56—homes are ‘wildly unaffordable' for young people, real estate expert says [CNBC]CNBC
- 3-Stock Lunch: Merck, Ecolab & Xylem Inc [CNBC]CNBC
- Independent Bank Corp. (NASDAQ: INDB) was upgraded by analysts at Raymond James from a "market perform" rating to a "strong-buy" rating. They now have a $74.00 price target on the stock.MarketBeat
INDB
Earnings
- 10/17/24 - Miss
INDB
Sec Filings
- 11/13/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 10/31/24 - Form SC
- INDB's page on the SEC website