Based upon data in the soon to be available Stock Trader’s Almanac for 2022 on page 90, the first trading day of October is DJIA’s third weakest of all monthly first trading days since September 1997 based upon total DJIA points gained. Only August and September have been weaker. S&P 500 has been up 12 of the last 22 years on the first trading day of October. DJIA’s record is slightly softer with 11 declines and NASDAQ’s performance has been the worst of the group, down 12 times with an average loss of 0.12%.
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