Here comes the worst week of the year
by Ryan Detrick
I noted on Monday that this week was the best week over the past 10 years, now for the bad news. We are entering one of the worst times of the year and next week (this week) is the worst week of the year.
Looking at how all weeks have done over the past 10 years, you can see the next three weeks are among the worst of the year.
Bigger image HERE.
Next, I took a look at how the week after September option expiration does (so next week). Going clear back to 1990, this is the worst week of the year. Up just four times the past 25 years, wow.
Bigger image HERE.
Lastly, looking at the average year for the S&P 500 since 1950 shows we are entering a period that tends to top and things can be dicey until late October.
Bigger image HERE.
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Copyright © Ryan Detrick