Stock Trader's Almanac 2017 by Jeffrey A. Hirsch

Author:Jeffrey A. Hirsch [Hirsch, Jeffrey A.]
Language: eng
Format: epub
ISBN: 9781119247777
Publisher: Wiley
Published: 2016-08-29T00:00:00+00:00

SEASONAL GAINS IN DOW jones INDUSTRIALS

JULY 2017

AUGUST ALMANAC

Harvesting made August the best stock market month 1901–1951 Now that about 2% farm, August is the worst Dow, S&P, and NASDAQ (2000 up 11.7%, 2001 down 10.9) month since 1987 Shortest bear in history (45 days) caused by turmoil in Russia, currency crisis and hedge fund debacle ended here in 1998, 1344.22-point drop in the Dow, second worst behind October 2008, off 15.1% Saddam Hussein triggered a 10.0% slide in 1990 Best Dow gains: 1982 (11.5%) and 1984 (9.8%) as bear markets ended Next-to-last day S&P up only five times last 20 years Post-presidential election year Augusts' rankings: #11 S&P and NASDAQ, #12 Dow.

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