October First Trading Day Volatile Past 25 Years

Based upon data in the soon to be available 2023
Stock Trader’s Almanac
on
page 90, the big gain on 10/1/2021 pushed the first trading day of October into
7th place for DJIA of all monthly first trading days since September
1997 based upon total DJIA points gained. S&P 500 has been up 14 of the
last 25 years on the first trading day of October. DJIA’s record is slightly softer
with 12 declines and NASDAQ’s performance has been the worst of the group, down
13 times with an average loss of 0.25%.