To The Moon

September recently ended, and looking at my Tiger Brokers app, my P&L shows a modest 0.27% gain. Not huge, but I’m grateful. I didn’t hold any of the big movers—TSLA, AAPL, NVDA, BABA. Still, even a small positive month feels like a win in a market that continues to climb steadily.

As the broader market hit new highs, many expected a pullback in October. Historically, October has been red in 10 of the last 15 years, earning its reputation as a weak month. Yet, last year after a strong first-half rally, October barely pulled back—SPX down only 0.99%. This year, the SPX is up 13.25% YTD, which is still behind last year’s 20% by September. The rally feels alive, but the question is: how much longer can it run?

It’s tempting to speculate. Will October continue the momentum, experience a small pullback, or face a bigger correction? Historical patterns suggest caution, but markets rarely follow history exactly. The steady gains this year show resilience, yet the absence of extreme volatility may signal that the bull still has some energy or that complacency is creeping in.

Personally, I’m observing rather than chasing. I didn’t grab the headline-making movers in September, and that’s reflected in my modest gain. But I’ve come to appreciate the slower, steadier path: small wins, fewer surprises, and less stress. Watching the market climb is exciting, but it’s also a reminder that patience and discipline often matter more than timing the latest surge.

September’s rally may not have moved my portfolio dramatically, but it reinforces a simple truth: markets will rise, pause, and fall in ways that are hard to predict. October could continue the rally, or it could bring a pause but either way, being steady and focused on what I hold has its own value. Even a 0.27% gain feels like a small victory in a market that continues to challenge expectations.