Chart of the Day recently provided information on the historical monthly performance of the Dow. Below is what they had to say along with their graphic.
"[The] chart illustrates the Dow's average performance for each calendar month since 1950 (blue columns) and the average monthly performance of the Dow from 1950 to the present (gray line). [The] chart illustrates that the Dow has tended to perform best during the last several months and first several months of a calendar year. During the middle of a calendar year, the Dow has tended to struggle (with the exception of July). It is worth noting that there have been only two calendar months during which the Dow has declined on average -- June and September."
|From The Blog of HORAN Capital Advisors|
Source: Chart of the Day