FYI: Ready for my annual late-August investment challenge? Find a plausible reason for why September should be the worst month of the calendar for average stock market performance.
This is a timely question because September is just around the corner. Since 1896, when the Dow Jones Industrial Average DJIA, -0.30% was created, the Dow has lost an average of 1.03% in September. That compares to an average gain of 0.76% across all other months of the calendar.
Furthermore, September’s awful record doesn’t trace to just one or two outlier years. In fact, as you can see from the accompanying chart, in all decades but one over the last century September’s performance rank has been below average. That is remarkable consistency.
Regards,
Ted
https://www.marketwatch.com/story/september-is-the-worst-month-for-stocks-but-dont-bet-on-it-2018-08-24/printCXO Advisory September Trading Calendar:
https://www.cxoadvisory.com/trading-calendar/september/
