Dow Jones: Future Septembers and I Offer

dow jones: Absent such an explanation, it's too risky to bet that future Septembers will be like past ones, according to Market Watch. To be sure, September's historical status as the worst U.S. stock market month is certainly secure. I offer that advice because I know of no plausible explanation for why September should be bad for the stock market. Not only is its average return the worst of any since the Dow Jones Industrial Average DJIA, 0.91% was created in the late 1800s minus 1.0%, versus an average gain of 0.8% for all other months its poor performance has been quite consistent. To their credit, most financial advisers and other investment professionals recognize that a statistical pattern, even one as strong as September's, is an insufficient reason to bet on it. In all decades but one over the last century, September's performance rank was in the bottom half of the distribution. (news.financializer.com). As reported in the news.