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First 9 August trading days historically underperform for S&P 500, Mark Roussin notes

First 9 August trading days historically underperform for S&P 500, Mark Roussin notes
August start historically weak for S&P 500

Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, highlights that the first nine trading days in August have historically shown weakness in what is considered one of the worst months for the S&P 500.

Roussin points to seasonal patterns often impacting investor sentiment and market performance during this period.

Roussin has previously observed significant price movements in individual stocks, highlighting QCOM's rise from $179 to $260 between April and May before a drop to $175 in July. He also reported on sharp premarket declines in the stock market while oil prices jumped 5 percent after U.S. President Donald Trump commented on the Iran ceasefire deal. These past events demonstrate his focus on market volatility surrounding notable news and data releases.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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