Sunday, June 1, 2025
  • Business
  • Investing
  • World-news
  • Stock
No Result
View All Result
Finance Mastery News
Advertisement
  • Business
  • Investing
  • World-news
  • Stock
No Result
View All Result
Finance Mastery News
No Result
View All Result
Home Stock

Could U.S. Stocks Crash In October?

admin by admin
September 28, 2024
in Stock
0
Could U.S. Stocks Crash In October?
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

That’s a great question right now as many folks still remain quite nervous. The Volatility Index ($VIX), for example, gained more than 10% today, despite a minimal decline in the S&P 500. It’s a signal that the stock market likely won’t handle bad news very well. Next week, we have the September nonfarm payrolls. And earnings season is set to kick off in just a couple weeks, when the banks begin reporting. Could we see an earnings warning or layoffs from a big name or two? We don’t know, but if we do see bad news, it’s quite possible we see another leg lower in October.

But could it crash?

Well, first we’d have to define “crash.” Over the past 74 years, the S&P 500 has seen a drop of 9% or more in a calendar month just 17 times. That’s 1 monthly drop of 9% or more every 4 years or so. If you’re looking for the start of a 20% to 30% drop, or even more, I’d say the chance of that is extremely slim, probably negligible.

Let’s take a look at the 2 worst October declines in U.S. history. First, there was October 1929 – The Great Depression:

October 1929 began the largest decline in U.S. stock market history. The decline didn’t find a bottom until nearly 90% of the stock market’s value was lost.

The other October decline that gives the month its bad name was October 1987 crash. Remember Black Monday? If you weren’t investing back then, this is what the chart looked like:

The 1987 “crash” happened over the course of a few weeks, not a few years like in 1929. There have been other rough Octobers, but they simply haven’t been as catastrophic as the 1929 and 1987 versions. In fact, earlier I mentioned that we’ve seen calendar month declines of 9% or more 17 different times since 1950. October has played a role in many of these. Furthermore, there have been 14 bear market declines (losses of 20% or greater from all-time highs) since 1950 and October has played a very interesting role in those too.

So what might we expect in October 2024?

If you’re interested in stock market history, then EarningsBeats.com is the right place to get your information. It’s interesting that the “Go Away” month (May, according to the Wall Street “experts”) has never had one of those 9% or more calendar month losses. May also has never started a bear market, yet the bottom of one was found in May. You can’t trust the historical information that you get from the media, but I can promise you that the information that we provide at EarningsBeats.com is 100% factual and ZERO percent false or misleading. As a practicing CPA for two decades, I can analyze and report data.

Tomorrow morning, on Saturday, September 28th at 10:00am ET, I’ll be hosting a FREE event, “History of Market Bottoms.” I want all of you to understand history the way we do at EarningsBeats.com. This event does require registration. To get more information and to save your seat, REGISTER NOW! If you’re reading this article and it’s beyond Saturday 10:00am ET, no worries. Anyone who registers (even late) will receive a recording of the event. Finally, we’ve developed an ebook, “74 Years of Market Bottoms”, that will be sent to you immediately upon registration, so don’t delay!

I’ll see you Saturday morning!

Tom

Previous Post

Why Were Chinese Stocks Up 20% Last Week?!

Next Post

Top Ten Charts to Watch for October 2024

admin

admin

Next Post
Top Ten Charts to Watch for October 2024

Top Ten Charts to Watch for October 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    • Trending
    • Comments
    • Latest
    Criminals are looting millions from ATMs in Europe. Here’s why Germany is a prime target

    Criminals are looting millions from ATMs in Europe. Here’s why Germany is a prime target

    October 28, 2024
    Israeli MP behind bill to expel key UN agency accuses US of interfering with process

    Israeli MP behind bill to expel key UN agency accuses US of interfering with process

    October 28, 2024
    British nurse Lucy Letby loses bid to appeal single attempted murder conviction

    British nurse Lucy Letby loses bid to appeal single attempted murder conviction

    October 25, 2024
    North Korean troops spotted in Russian border region with Ukraine, says Kyiv

    North Korean troops spotted in Russian border region with Ukraine, says Kyiv

    October 25, 2024
    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    0
    Private payroll growth slowed to 122,000 in July, less than expected, ADP says

    Private payroll growth slowed to 122,000 in July, less than expected, ADP says

    0
    The 10 worst states to retire in the U.S. No. 1 isn’t California or New York

    The 10 worst states to retire in the U.S. No. 1 isn’t California or New York

    0
    Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

    Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

    0
    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    May 31, 2025
    Liverpool car ramming suspect appears in court after crash that shocked the city

    Liverpool car ramming suspect appears in court after crash that shocked the city

    May 31, 2025
    More than 100 people killed after floods submerge market town in Nigeria

    More than 100 people killed after floods submerge market town in Nigeria

    May 31, 2025
    Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

    Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

    May 31, 2025

    Recent News

    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    May 31, 2025
    Liverpool car ramming suspect appears in court after crash that shocked the city

    Liverpool car ramming suspect appears in court after crash that shocked the city

    May 31, 2025
    More than 100 people killed after floods submerge market town in Nigeria

    More than 100 people killed after floods submerge market town in Nigeria

    May 31, 2025
    Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

    Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

    May 31, 2025

    Disclaimer: financemasterynews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Investing
    • Stock
    • World-news

    Recent News

    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    Russian captain involved in US tanker crash pleads not guilty to manslaughter in UK court

    May 31, 2025
    Liverpool car ramming suspect appears in court after crash that shocked the city

    Liverpool car ramming suspect appears in court after crash that shocked the city

    May 31, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 financemasterynews.com | All Rights Reserved

    No Result
    View All Result

    Copyright © 2025 financemasterynews.com | All Rights Reserved