As of 09/06/2024
Indus: 40,345 -410.34 -1.0%
Trans: 15,427 -190.44 -1.2%
Utils: 1,029 -7.87 -0.8%
Nasdaq: 16,691 -436.83 -2.6%
S&P 500: 5,408 -94.99 -1.7%
|
YTD
+7.0%
-3.0%
+16.7%
+11.2%
+13.4%
|
42,000 or 39,500 by 09/15/2024
16,200 or 15,300 by 09/15/2024
1,100 or 1,000 by 09/15/2024
18,400 or 16,650 by 09/15/2024
5,750 or 5,375 by 09/15/2024
|
As of 09/06/2024
Indus: 40,345 -410.34 -1.0%
Trans: 15,427 -190.44 -1.2%
Utils: 1,029 -7.87 -0.8%
Nasdaq: 16,691 -436.83 -2.6%
S&P 500: 5,408 -94.99 -1.7%
|
YTD
+7.0%
-3.0%
+16.7%
+11.2%
+13.4%
| |
42,000 or 39,500 by 09/15/2024
16,200 or 15,300 by 09/15/2024
1,100 or 1,000 by 09/15/2024
18,400 or 16,650 by 09/15/2024
5,750 or 5,375 by 09/15/2024
| ||
Updated 8/30/2023.
This article discusses the months of the year that close up most often (to sell) and buy during months with few up closes. Can you trade stocks in those months and profit?
The best month to buy is usually September. That's the month with the fewest up closes. That's true for the Dow industrials, Nasdaq composite, S&P 500, and the average of more than 500 stocks I looked at.
Good months to sell are usually November or December, but this varies depending on the index.
I programmed my computer to count the number of times price closed up from one month to the next. For example, if price closed at 10 on December 31, 2009 and on January 31, 2010 (one month later), it closed at 11, the up count total for January would increase by 1 since price closed higher than where it ended in December. If February saw price close at 11.50, then the up count total for February would increase by 1. A month showing a lower close would increase the down count total.
To get a percentage, I compared the up counts to the total of up and down counts (unchanged prices were not counted). If the up count total was 15 and down counts were 5 for January, then the percentage of those closing up would be 15/(15+5) or 75%.
The following charts, in slider format, show what I found for the Dow industrials, utilities, transports, Nasdaq, and a collection of stocks I follow.
I've included my Excel spreadsheet (.xls ~29k) of results in case you want to look at the up/down totals and charts.
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