The month of August has generally been a painful month for equities. Going back to 1990, the S&P 500 has averaged a decline of 1.05% with positive returns just 54.5% of the time. Furthermore, the last two months of August have been especially painful. In August 2010, the index fell 4.74%, while in 2011 the S&P 500 dropped 5.68%.
So which groups should investors focus on as we head into August and which ones would you avoid. Earlier today, we sent out a report to Bespoke Premium clients highlighting average group performance during the month. In this report we show the four groups which have historically averaged positive returns during the month and which groups underperform the most. Additonally, we also found that there are only two groups that have traded higher during the month of August in each of the last two years.
Clients that wish to view today's report can click on the link below. If you are not yet a subscriber, sign up today and get a free copy of Collapse: The Commemorative Game of the Financial Crisis. This is a $29.95 value just for signing up!