We’ve been in a bull market for four years in most areas since the pandemic, but one month missed the memo: September.
Here I highlight the S&P 500’s performance over the last four Septembers, all of which were negative. Of the 52 months since April 2020, only 17 of them have been negative, or 32.7%. However, of the negative months, 23% have been Septembers.
This is not a new phenomenon either, as September was the worst month in the long history of the Dow Jones Industrial Average.
That’s not always the case for the S&P 500, which saw a meteoric rise of 8.8% in 2010, followed by increases of 2.42% and 2.97% in 2012 and 2013.
The good news is that a drop in October or September is usually worth buying, as November is the second best month (after April).
To learn more, check out my September Seasonal Package.
cnbctv18-forexlive
