October is the best month for the Nasdaq
If you listen to any financial TV, you're probably sick of hearing about tech, FANG stocks and the never-ending rally in the Nasdaq.
Well you might be even more tired of it by the end of October. Since the crash in 2000, October is easily the best month for tech stocks with an average gain of 2.6%. The index also gained in October in 5 of the past 7 years.
Here's the index year-to-date:
More broadly, it's a great month for US stocks, trailing only March and April in the S&P 500.