Black October - to AVOID!

This is, after all, October, infamous for some of the most notorious stock market crashes in history;

~ The Panic of 1907 (October 1907)
~ Black Tuesday, Thursday and Monday (October 1929)
~ Black Monday (October 1987)

Let’s also not forget that fateful October in 2008 that effectively ended the lives of Lehman Brothers and Bear Stearns.

Trivia:

• The first day of October Expiration week has been up on the DOW 27 of the last 33
• Expiration week is usually bullish
• October Expiration Friday has seen the DOW go down 8 of the last 10 (this is the anniversary of the Crash of 19 October 1987 – DOW went down 22.6% in one day, the single worst loss in a day.)