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A few years ago, for reasons unclear, I decided to look at the entire history of the Dow Jones to see how it performed during a typical year. Once I emerged from my dark laboratory, I was able to compile this chart.
We've just entered one of the best times for the market. From May 25 to June 12, the Dow has gained an average of 1.27%. From May 25 to September 6, the Dow has gained an average of 4.72%. That's more than half of the Dow's entire historic capital gain coming in a little over three months.
On top of that, all of the market's gains have come on the last four trading days of the month plus the first three of the following month. Outside that, the market is down.
Posted by edelfenbein at May 27, 2010 11:50 AM
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