Update On The Disappointing September Effect

by: Ronald Surz
Summary

September remains the worst performing month, with a 0.7% average loss, although the odds of losing money are 50/50.

December is the best performing, with an average gain of 1.7% and a 78% frequency of positive returns.

The worst monthly return in the past 1,112 months occurred in September 1931 with a 29.7% loss, compared to the best return of 42.6% in April 1933.

Every year about this time – namely in early September – I update my “Best-and-Worst Month” report. No surprise, September remains the worst month of the year, based on 92 years of S&P 500 performance.

Source: S&P and PPCA

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.