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What Happens When S&P500 is Down 5 Months In A Row?

Posted By Barry Ritholtz On October 3, 2011 @ 6:00 am In Data Analysis,Markets | Comments Disabled

On Friday, we noted that September was the 5th consecutive month [1] the S&P was in the red.

Ron Griess of the Chart Store [2] took that data and looked at it in terms of ensuing months and years.

Historically, 5 consecutive months is not a good omen for equities . . .


Monthly Price Performance, S&P



Examples of 5 negative Price Performances, S&P


Note: Yes, I know, we need a larger sample set than the past century. Let’s follow up and discuss that in 3011 . . .

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2011/10/what-happens-when-sp500-is-down-5-months-in-a-row/

URLs in this post:

[1] 5th consecutive month: http://www.ritholtz.com/blog/2011/09/monthly-spx-changes/

[2] the Chart Store: http://www.thechartstore.com/default.aspx

[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/10/9-30-11-Table-of-SP-Down-5-months-in-a-row-2.gif

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