I hope you followed my advice and stayed in the market last month.

If not, I hope after you see what I have for you today that you’ll get back in.

As we’ve talked about in several recent conversations, I live by the credo “always have some money invested in tech stocks” – no matter how much “noise” you hear out of Wall Street and Washington.

Otherwise, you’ll miss opportunities to buy winning stocks when they are “on sale.” Worse, you’ll miss taking a big profit from the rebound.

And brand-new market data from Lipper proves this.

The S&P 500 Index (SPY) rose 8.7% last month. That makes October the single best month for the broad market since October 2011, when the S&P 500 rose 10.9%.

And this all happened in the face of Wall Street’s fears about everything from a rising dollar to China’s slowing growth to the possibility that the U.S. Federal Reserve will raise interest rates by the end of the year.

With that in mind, today I want to review some historic economic numbers.

And then I’ll show you why you should be bullish about tech stocks for the rest of 2015…

Wall Street Spooks Itself

 

If you’ve been following the financial news, you’ve seen the confusion and fearful misinformation out there regarding the market and the likelihood of an enormous October decline.

Indeed, long before Halloween rolled around, I had lost count of the number of “stories” suggesting we might see a stock market crash by the end of that month.

It was almost as if every mainstream pundit felt the need to write their own economic “Tales from the Crypt.”

Here’s a perfect example of just what I’m talking about. On Oct. 6, the online journal ETF Daily News carried this teaser headline: “Stock Market Crash October 2015? 9 of the 16 Largest Crashes in History Have Come This Month.”

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