"August Curse" Hit Early in July? Possible Rebound in August?

In the past 35 years, August has been the second-worst performing month for $S&P 500(.SPX)$, $NASDAQ(.IXIC)$ and $DJIA(.DJI)$. History also shows that if the U.S. stock market performs well in the first half of the year, the likelihood of the "August Curse" increases.

Has the August Curse arrived too early this year?

As of July 25th, the S&P 500 index has fallen by 1.12%, and the Nasdaq index has dropped by 3.11%.

Looking back at the average monthly returns of the SPX from 1950 to 2023,

July has been the best-performing month over the past 20 years, followed by November and April.

In the past 10 years, July's performance has been second only to November. Although July's performance is slightly weaker in election years, it still remains positive.

Will August See a Rebound?

Most major index ETFs and individual stocks were up in pre-market trading.

Will we see a decent rebound this Friday?

Regardless of how the market ends this week, next week could face greater volatility as major tech and cryptocurrency stocks release their earnings reports.

Are you hoping for further declines to buy good stocks at a low price?

Or are you fully invested and praying for a quick rebound?

Will the market see a significant rebound in August?

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