The month of October is often associated with market volatility and unpredictability, leading some to believe that everything that happens in September is irrelevant. However, this popular saying “Doesn’t matter what they do in September… it’s what comes in October that counts” may not be entirely accurate. In this blog post, we will explore the reasons behind this saying and why it may not be true.

Firstly, it is important to understand the context of this saying. The phrase “Doesn’t matter what they do in September…” is often used by traders and investors to indicate that the actions taken in the previous month are insignificant compared to the potential impact of events in October. This could be due to a variety of factors, such as the approaching holiday season, changes in global economic conditions, or geopolitical tensions.

However, there is no concrete evidence to support the idea that October is inherently more volatile than other months. In fact, historical data shows that market performance can be unpredictable throughout the year, with no discernible pattern of increased volatility in October. While it is true that some notable events have occurred in October, such as the 1987 stock market crash and the 2008 financial crisis, these events were not necessarily caused by factors unique to that month.

Moreover, the idea that everything that happens in September is irrelevant may be misleading. While it is true that some events, such as central bank meetings or economic data releases, can have a significant impact on market sentiment and volatility, these events can also affect the market throughout the year. For example, a central bank meeting in September may lead to changes in interest rates or monetary policy, which can have long-term implications for the market even after the meeting is over.

While the saying “Doesn’t matter what they do in September…” may be popular among traders and investors, it is not necessarily based on concrete evidence. Market volatility can occur throughout the year, and events in any given month can have a significant impact on market performance. Rather than focusing solely on October, it is important to stay informed and adaptable throughout the year to maximize potential returns.