Posts Tagged 'September'

Almanac Update October 2020: Worst Month of Election Year

October often evokes fear on Wall Street as memories are stirred of crashes in 1929, 1987, the 554-point drop on October 27, 1997, back-to-back massacres in 1978 and 1979, Friday the 13th in 1989 and the 733-point drop on October 15, 2008. During the week ending October 10, 2008, Dow lost 1,874.19 points (18.2%), the worst weekly decline in our database going back to 1901, in percentage terms. March 2020 now holds the dubious honor of producing the worst, second ...

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Almanac Update September 2020: Historically Another Challenging Month

Start of business year, end of summer vacations, and back to school made September a leading barometer month in first 60 years of 20th century, now portfolio managers back after Labor Day tend to clean house. Since 1950, September is the worst performing month of the year for DJIA, S&P 500 and NASDAQ (since 1971). Sizable gains in September 2009, 2010, 2012, 2013 and 2017 have lifted Russell 2000 to second worst (since 1979). September was creamed four years straight ...

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Almanac Update September 2019: The Other Worst Month

The start of business year, end of summer vacations, and back to school made September a leading barometer month in first 60 years of the 20th century, now portfolio managers back after Labor Day tend to clean house Since 1950, September is the worst performing month of the year for DJIA, S&P 500, and NASDAQ (since 1971). September was creamed four years straight from 1999-2002 after four solid years from 1995-1998 during the dot.com bubble madness. September gets no respite ...

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Market Outlook September 2019: Volatility Continues & End Q3 Weakness

Last month we warned that the market was ripe for a seasonal pullback. Within days of our monthly missive late-July and early-August delivered their typical seasonal weakness, of course with a little help from the Fed, yield curve and hot-button geopolitics. At the risk of sounding like a broken record, we expect the market to continue to track the seasonal and 4-year election cycle patterns closely as it has all year long.

Our updated chart of Pre-Election Year Seasonal Patterns overlaid ...

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