End of August Murderous!

Well, in the previous entry I quoted from another site that the pre-Labor Day week was the strongest. When I arrived home, I checked the Stock Trader's Almanac.

"End of August Murderous 6 of last 10 years. Average loss last 5 days: DOW -2.6%, S&P 2.3%, NASDAQ -2.1%."

"Next to last day (of August) DOW and S&P up only once in last 10 years."

There you go. More for the mental blender.