There was much talk about how scary September and October can be, but look what has happened…we\’re back over 10000 (at least thru Oct. 15).
So what happens in November and December? Here\’s a little past history for you market junkies out there.
Nov. Dec. Year’s Change
S&P 500
1999 1.9 5.8 19.5
2000 -8.0 0.4 -10.1
2001 7.5 0.8 -13.0
2002 5.7 -6.0 -23.4
2003 0.7 5.1 26.4
2004 3.9 3.2 9.0
2005 3.5 -0.1 3.0
2006 1.6 1.3 13.6
2007 -4.4 -0.9 3.5
2008 -7.5 0.8 -38.5
Nasdaq
1999 12.5 22.0 85.6
2000 -22.9 -4.9 -39.3
2001 14.2 1.0 -21.1
2002 11.2 -9.7 -31.5
2003 1.5 2.2 50.0
2004 6.2 3.7 8.6
2005 5.3 -1.2 1.4
2006 2.7 -0.7 9.5
2007 -6.9 -0.3 9.8
2008 -10.8 2.7 -40.5
Source for data: 2010 Stock Trader\’s Almanac, edited by Jeffrey A. Hirsch & Yale Hirsch
Wall Street History will return next week.
Brian Trumbore
