Currently, the prospect of bombing Syria has heightened economic and political pressures to very high levels. The G-20 meeting turned into a dud, expectations of the beginning of a Fed cut in its bond-buying program are fading due to a poor jobs report, the anniversary of 9/11 has everyone nervous, and the government is again facing a possible shutdown.
But despite all these negatives, the stock market has acted remarkably well in the face of potentially horrible news. When a market moves ahead against the news, and especially when it hits new highs, the bull trend must be followed. The market has spoken and the trend is up. Don’t fight the tape.
However, many investors still hold low-quality stocks that are unlikely, under any circumstance, to stage a meaningful recovery. The stocks on this month’s list probably will not provide the protection needed in uncertain times and will not be able to keep up the pace in better times.
Here is our list of stocks to sell in September: