December is now the number three S&P 500 and Dow Jones Industrials month since 1950, averaging gains of 1.5% on each index.
November is a very strong month for US equities, but in an election year it really shines for the SPX and DJIA. Its much weaker for tech and small cap stocks.
After five straight monthly gains, the US stock market finally came under pressure in September. The NASDAQ hit the ‘correction level’ of a 10% slide. Markets have rebounded, but October is usually weak. Patience is needed for entry into the seasonally positive part of the year.
October can invoke fear into investors as it is usually a weak month. However, October often marks the lows for the year. Stay diligent!
US stock markets continue to see an extreme concentration of interest in a small number of stocks. Does this signal an imminent sell off or will market participation broaden?
The month of August is usually one of the worst months of the year for US stocks. In years of a US presidential election (like 2020), August holds a special spot in the calendar for certain stocks.