Salient to Investors:

September is the only month to drop on average since the 1920s.




S&P 500 companies are headed for record earnings in 2012 but Q2 earnings were the weakest in three years. Analysts expect 2012 earnings of $103.18, down from $105.27 at the start of the year: expect 2013 earnings at just over $115.


U.S. stocks have outperformed emerging markets for the better part of two years.

S&P 500 companies average 46.1 percent of sales abroad, while tech companies average 57 percent of sales.

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