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We have only one more trading day for the month and the quarter as we close out the week.  The market has now given back all the gains we made after the Fed surpirsed many by not tapering at its most recent meeting.

That sort of pullback needs to be put in perspective.  The gain or a little more than 1% that pushed us to new highs came after a sizeable move from the start ot the month of September. At this point, we are up about 3.5% for the month in the S&P 500, which is a dramtic turnaround from the -3.1% the market saw in August.

With another Fed meeting coming at the end the month of October, are you ready to take advantage of this dip from the market?  

If October is anything like Septermber, we could see a big move higher into the end of the month when the Fed meets and is once again likely to announce "No Taper."  Keep in mind that October is also a big month for window dressing from the big mutual fund houses.

So with that in mind, are you ready, willing and able to BUY THIS DIP?

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
BITAUTO HOLD BITA 35.33 +14.82%
ANI PHARMACE ANIP 24.79 +14.66%
E HOUSECHINA EJ 10.99 +9.24%
CANADIAN SOL CSIQ 26.97 +7.15%
INTERNATIONA ICAGY 33.30 +5.38%