We’ve got a hot IPO set to drop on Wednesday. Coinbase (NASDAQ: COIN), the largest Bitcoin exchange in the world, is set to begin trading on the NASDAQ. This is one of the most anticipated IPOs of the year.
The S&P 500 saw a small 10% pullback in September, historically the worst month of the year for stocks. However the leading index was quick to rebound and is now trading just below the all-time high. Looking forward stocks are moving into the strongest six months of the year and I expect more gains this year.