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Tomorrow is historically the single-worst day for US equities of the year. Here's why

I would file this one under 'trivia' rather than 'tradeable' but since 1950, the single-worst day for owning stocks is October 19. The average decline over those 72 years is -0.51%, according Carson Investment Research.Why?When you look at this chart, the 19th-20th tends to show general softness, which might reflect some kind of monthly pattern of stock market flows in general.But more broadly, it reflects a single day where stocks were crushed: Black Monday was October 19, 1987. The index fell... Read More

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Posted: Oct 18 2023, 19:05

Author Name: forexlive

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