FYI: The average investor probably thinks October is the worst month for U.S. stocks, since some of the worst meltdowns in U.S. history have happened during those 31 days. But it’s September that is statistically the scariest month for stocks and investors.
Over the past 100 years, the Dow Jones Industrial Average has produced an average 1.1% drop in the month of September, with positive returns just 41% of the time, according to data from Bespoke Investment Group.
October, on the other hand, is a happier time for investors, producing a 0.4% average rise, with positive returns two-thirds of the time. And in the past two decades, the Dow has gained an average 2.5% in October, the best performance of any month on the calendar.
Regards,
Ted
https://www.barrons.com/articles/october-stock-market-1538183579CXO Advisory October Trading Calendar:
https://www.cxoadvisory.com/trading-calendar/october/
