Posted by frtaylor on 26th of Oct 2022 at 06:53 pm
From The Stock Trader's Almanac FB page:
November is Top NASDAQ Month in Midterm Years
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.
However, the month has taken hits during bear markets and November
2000, down –22.9% (undecided election and a nascent bear), was
NASDAQ’s second worst month on record—only October 1987 was
worse.
November begins the “Best Six Months” for the DJIA and S&P
500, and the “Best Eight Months” for NASDAQ. Small caps come into
favor during November, but don’t really take off until the last two
weeks of the year. November is the number-two DJIA, S&P 500
(since 1950), and NASDAQ (since 1971) month. November is best for
Russell 1000 (since 1979) and Russell 2000 (since 1979). Average
performance in all year ranges from 1.7% from DJIA and S&P 500
to a solid 2.3% by Russell 2000.
In midterm years, November’s market prowess is relatively
unchanged. DJIA has advanced in 14 of the last 18 midterm years
since 1950 with an average gain of 2.5%. S&P 500 has also been
up in 14 of the past 18 midterm years, gaining on average 2.6%.
Small caps perform well with Russell 2000 climbing in 7 of the past
10 midterm years, averaging 3.3%. The only real blemish in the
November midterm-year record is 1974 (DJIA –7.0%, the final DJIA
bear market bottom was in December).
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From The Stock Trader's Almanac
Posted by frtaylor on 26th of Oct 2022 at 06:53 pm
From The Stock Trader's Almanac FB page:
November is Top NASDAQ Month in Midterm Years
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. However, the month has taken hits during bear markets and November 2000, down –22.9% (undecided election and a nascent bear), was NASDAQ’s second worst month on record—only October 1987 was worse.
November begins the “Best Six Months” for the DJIA and S&P 500, and the “Best Eight Months” for NASDAQ. Small caps come into favor during November, but don’t really take off until the last two weeks of the year. November is the number-two DJIA, S&P 500 (since 1950), and NASDAQ (since 1971) month. November is best for Russell 1000 (since 1979) and Russell 2000 (since 1979). Average performance in all year ranges from 1.7% from DJIA and S&P 500 to a solid 2.3% by Russell 2000.
In midterm years, November’s market prowess is relatively unchanged. DJIA has advanced in 14 of the last 18 midterm years since 1950 with an average gain of 2.5%. S&P 500 has also been up in 14 of the past 18 midterm years, gaining on average 2.6%. Small caps perform well with Russell 2000 climbing in 7 of the past 10 midterm years, averaging 3.3%. The only real blemish in the November midterm-year record is 1974 (DJIA –7.0%, the final DJIA bear market bottom was in December).