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Chart of the Day
Friday, September 6, 2013 Friday, September 6, 2013 |
The stock market has struggled over the past month. Investors are concerned. For some perspective, today’s chart presents the Dow’s average performance for each calendar month since 1950. As today’s chart illustrates, it is not unusual for the stock market to underperform during the May to October time frame with a brief counter-trend rally occurring in July. It is worth noting that the worst calendar month for stock market performance (i.e. September) has just begun.
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