September surge

Last September was not a lot of fun. Fortunately it set us up for a great October and a strong finale into the new year.  Small wonder that September is challenging. September’s historical record is dismal. According to Market Watch, since 1896 when the Dow Jones Industrial Average (US:DJIA)  was created, the Dow has lost an average of 1.07% in September. The average gain for all other months is 0.71%. That spread of 1.78 percentage points is statistically significant at the 95% confidence level that statisticians often use to determine if a pattern is most likely genuine. Yes, that statistical quirk and $3.95 … Read more