Below looks at the average performance of the in the month of October over the past 10 and 20 years. Both charts have a couple of things in common.
The first thing that each chart has in common is that both reflect gains in October, with an average gain over the past 10 years of +.82%.
The other thing both charts have in common is that seasonal lows over the past 10 and 20 years took place around the 9th of October, which was yesterday. The average gain in both charts from the 9th through the end of the month is around 1% larger than the average October gain.
Each month we share with Premium and Sector members the 20 S&P 500 stocks that have done the best in each month over the past 10 years. This month (October) reflects that the top-20 stocks average much greater gains than the overall markets.