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Chart of the Day
Today's chart illustrates the Dow's average performance for each calendar month since 1950 (blue columns) and 1980 (gray columns). What does the chart show? While the strongest upward bias in stocks has historically occurred during the November-January time frame, September has proven to be the most difficult month for stocks. It is interesting to note how the 1980-present average gain for September has remained negative despite the fact that most of this period included a strong bull market. Stay tuned...
Notes:
- The market is at a critical juncture. Where we go from here may surprise you. Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
Source - Dow Jones
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Quote of the Day
"The average pencil is seven inches long, with just a half-inch eraser - in case you thought optimism was dead." - Robert Brault
Events of the Day
September 04, 2006 - Labor Day
September 10, 2006 - National Grandparents' Day
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