Here's a good news/bad news point from the number crunchers at Bespoke Investment Group: So far, this has been the best-performing September since 1939. Unfortunately, the month still has a bad reputation for sputtering.
The S&P 500 has risen 5.4 per cent this September, the best six days for the month since the 16.5 per cent gain in 1939.
"When the index has been in positive territory at this point in September, it has averaged a decline of 0.45 per cent for the rest of the month," Bespoke said on its blog.
"When the index has gone down over the first six trading days, it has averaged a farther decline of 1.68 per cent over the rest of the month. So under both scenarios, the S&P has averaged rest-of-month declines, but they have been less when the index has started off the month well."