Do we buy or sell in September 2022? Read here to find out…
Q. “Timon, did you notice if the September Effect played out last month with the JSE ALSI? Also, do you have any ideas or speculations why the September Effect takes place?”
A. Actually no. It was the first time in a number of years, I completely forgot about the September Effect.
But I've done the necessary research to see how the JSE ALSI was affected last month.
Before I share the results, I just want to give a bit of background on what the September Effect is.
Over the last 100 years, September has been known for the worst performing month in America.
If you take the previous 95 Septembers price movements, the Dow Jones has lost on average 0.7% and the S&P500 has lost around 0.5%.
We aren't exactly sure why it happens, but we have some speculations.
Here are a few reasons why the September Effect.
You can find the full Article here