Bespoke Investment Group just published an interesting research about the monthly performance of the Dow Jones Industrials over the last 100 Years. Seasonality does not favor stock market investments in February:
"Below is a chart highlighting the average monthly performance of the Dow over the last 100 years. As shown, the Dow has only averaged declines in two months over the last 100 years -- February and September. The average change for the Dow in February has been -0.15%, and the index has been higher for the month 51% of the time.
The average change of the Dow in January over the last 100 years has been +0.97%, and this January we saw the Dow decline nearly 3.5%. Maybe this month will go against the long-term average as well and we'll see gains." in Bespoke
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