Examining October
Weekly Update – October 22, 2018
Stock performance was mixed last week as investors considered the impact of interest rates, international affairs and corporate earnings. [1] The S&P 500 gained 0.02%, and the Dow added 0.41% to post its first weekly gains in October. The NASDAQ declined 0.64% and extended its losing streak. [2] International stocks in the MSCI EAFE dropped by 0.08%. [3]
While the final weekly results showed relatively little growth or loss, the week included some volatility.[4] So far, domestic indexes have struggled this month. As of October 19, the S&P 500 and Dow had each lost more than 3% for the month, and the NASDAQ was down 7%.[5]
As we have often discussed in our market updates, volatility may feel uncomfortable, but market fluctuations are normal. That perspective becomes especially relevant in October, which is considered the most volatile month for markets.[6]
Examining October History
Historical performance can’t predict future results. However, we do believe that understanding what makes October unique can help provide context for the current environment.
Since 1950, the S&P 500 has experienced more 1% moves in October than any other month.[8] The month has also been the Dow’s most volatile since its beginning in 1896.[9]
Despite the large events and high volatility that October can bring, its results may be stronger than expected. For the past 20 years, October has had the strongest performance of any month.[10
Wednesday: New Home Sales
Thursday: Durable Goods Orders, Jobless Claims
Friday: GDP, Consumer Sentiment
- 1½ pounds peeled/deveined medium shrimp, tails removed (thaw if needed)
- 3 tablespoons garlic-basil Italian dressing
- Large zip-top bag
- 1 medium onion, finely chopped
- 2 tablespoons fresh Italian parsley, coarsely chopped
- 1 tablespoon olive oil
- 2 teaspoons minced garlic
- ½ teaspoon crushed red pepper
- 1 cup tomato-basil pasta sauce
- 1 teaspoon dried oregano
- 7 ounces deli feta cheese
- Heat oven to 400°F.
- Put shrimp and dressing in the bag.
- Let it marinate in the bag for 10 minutes.
- Chop the onion and parsley.
- Heat large sauté pan on medium, 2-3 minutes.
- Put oil in heated pan and add onions. Cook 4-5 minutes until softened.
- Mix in garlic and pepper.
- Mix in pasta sauce and oregano with the onion mix.
- Cook while stirring, 2-3 minutes.
- Mix in shrimp and parsley.
- Lay shrimp and onion mix throughout the 9-inch square baking dish.
- Sprinkle crumbled feta on top.
- Bake for 12-15 minutes or until shrimp are pink and cheese has browned.
- Serve.
Recipe adapted from Publix® [11]
Send it Soaring Even Farther
Just a short distance. Maybe five yards. Ten yards would be nice. That’s all you want. What’s the secret to adding yards to your drive?
The short answer: Do what the pros do.
The longer answer? Amateurs tend to strike too low on the face of the ball during their drives, creating high spin and a low launch.
The way to achieve distance is by making sure your driver face hits the ball’s “sweet spot,” which is slightly above the ball’s center. The result, if done correctly: Your ball goes farther.
Let’s go a little deeper into how you do it. As your club is moving in the downswing and approaching the ball, it should feel like the driver will brush through the grass. By focusing on your swing in this manner, your club tends to move slightly upward prior to impact. This gives the impact an immediate boost.
Let’s explore the turning movement during your downswing. To produce more punch at impact, you must transfer the energy in your body and arms into your clubhead. Make the turn with your shoulders, but don’t strain yourself in the movement.
Here’s how it should feel in your feet with this power swing: You should feel pressure in the instep of your back foot. The foot that is closest to the target should feel light. During the downswing, you push hard into the ground with your front foot.
Practice this movement a few times to get the feel of it.
Tip adapted from GolfDigest [13]
What is DVT?
It’s DVT for short: deep vein thrombosis. DVT refers to the formation of a blood clot in your veins, often deep within one of your legs.
Each year, as many as 900,000 people in the United States may be affected by the condition.
If you have DVT, your chance of getting it again in the next 10 years is about 33%.
About half the people with DVT will experience long-term complications, such as swelling, discoloration, and scaling.
Biologically, DVT sends parts of clots through the bloodstream to your lungs or other vital organs, which can lead to organ damage or death.
Symptoms may include a leg swollen below your knee, which may produce redness and tenderness. However, half of DVT sufferers show no visible symptoms.
Damages or injuries to your veins’ inner linings or thick, slow-flowing blood may cause DVT.
Doctors look for signs of DVT by asking you about your medical history and the medications you take. You may also undergo an ultrasound test to evaluate blood flow and to spot clots.
Treatments may include blood-thinner medications, which reduce your blood’s “stickiness.”
A vena cava filter may help with difficult cases in catching breakaway clots.
Compression stockings may help keep the blood in your legs flowing. Elevating your legs also helps alleviate discomfort and swelling.
Exercise may also prevent the onset of DVT by reducing your weight and increasing blood flow.
Tips adapted from WebMD [14]
The Retirement Wealth Management Group
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zack.alkhamis@lpl.com
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