by Chris Mistal | Dec 4, 2018 | Almanac Update
December is the number one S&P 500 month and the second-best month on the Dow Jones Industrials since 1950, averaging gains of 1.6% and 1.7% respectively. It’s also the second best for NASDAQ (1971). Rarely does the market fall precipitously in December. When it...
by Chris Mistal | Oct 30, 2018 | Almanac Update
November maintains its status among the top performing months as fourth-quarter cash inflows from institutions drive November to lead the best consecutive three-month span November-January. The month has taken hits during bear markets and November 2000, down –22.9%...
by Chris Mistal | Oct 1, 2018 | Almanac Update
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...
by Chris Mistal | Aug 31, 2018 | Almanac Update
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. Although September’s...
by Chris Mistal | Jul 31, 2018 | Almanac Update
Money flows from harvesting made August a great stock market month in the first half of the Twentieth Century. August was the best month from 1901 to 1951. In 1900, 37.5% of the population was farming. Now that less than 2% farm, August is amongst the worst months of...
by Chris Mistal | Jul 3, 2018 | Almanac Update
July historically is the best performing month of the third quarter however, the mostly negative results in August and September make the comparison easy. Two “hot” Julys in 2009 and 2010 where DJIA and S&P 500 both gained greater than 6% and a strong performance...