Thursday, September 25, 2025

October Seasonality of US Stock Indexes in Post-Election Years | Jeff Hirsch

October has typically opened on a soft note, with mixed results on its first trading day. The second day has tended to be weak—except for the Russell 2000—before a rebound on day three. 
 

That strength often gives way to further declines through the seventh or eighth trading day, where the market has historically found support and begun a rally lasting into mid-month and beyond. In post-election years since 1950, October has been stronger from the outset, with gains extending through the 15th or 16th trading day before fading into month-end.
 
The S&P 500 is bullishly defying bearish expectations, setting five or more new all-time highs in historically bearish September. With our best-case 2025 forecast firmly in play and the Super AI-Tech Boom accelerating, the index could surge to 7,100 within the next three months.