Historical data suggests a strong end of the year for markets after the S&P 500 entered correction territory last week.
Suffering one of the worst weeks of the year after the S&P 500 dropped nearly 5% last week, reeling markets could use some good news over the last couple of days of October.Related: Billionaire investor makes a move on bonds, has a dire warning about the global economy
"In a way I say 'thank goodness October is nearly over,'" Sigel said."I looked up the data, over the last 25 years, November is the second best month of the year , just slightly behind April which is the first best month. So I do think we're going to have a year-end rally over here coming up."
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