1. Stock market vulnerable to deeper selloff of 7%-15% by mid-October. 2. High valuations raise concerns for disappointing news impacting stocks. 3. September historically sees average 1.1% decline in S&P 500. 4. Recent economic data reflects possible labor market weakness. 5. CBOE Volatility Index indicates rising market uncertainty.
The expectation of a 7%-15% pullback suggests strong downside risk for COMP. Historical declines during high valuation periods indicate potential vulnerability to significant selloffs.
The article discusses market conditions impacting major indices relevant to COMP. Concerns over high valuations and economic slowdowns can significantly affect stock performance.
The anticipated pullback may affect COMP within the next few weeks leading up to October. Seasonal trends suggest heightened volatility and potential downward movement in the near term.