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84 Septembers
By JLP | September 3, 2010
It’s September! You know what that means? It means, based on history, there’s about 50/50 chance that the S&P 500 Index will have a negative return for the month. Most of the other months are split 60/40 (positive/negative). Here is the history of September:
Of the 84 Septembers, 43 of them were positive months while 41 of them were negative months. The average return for September was -.79% but the geometric average was -1.12%. This September has started off in a positive way. Through yesterday (September 2nd), it’s already up 3.9% for the month. We shall see…
Topics: Investing, S&P 500 Index | No Comments »