Decoding July performance patterns: analysing the US stock market (S&P 500)
This chart analyses the performance of the US stock market (S&P 500) during the month of June. It uses data from 1928 to 2023 to show the average performance of the index up to a specific date within the month. For instance, the values on July 4th represent the average performance of the S&P 500 index up to that date for every July 4th from 1928 to 2023.
The chart consists of two sections. The first section is a simple line chart that illustrates the typical pattern of the US stock market. It shows that the market tends to have a strong start at the beginning of the month, levels off and slightly declines around two-thirds of the way in, and then rebounds towards the end. On average, by the end of July, the month-to-date performance of the market is 1.4%.
The second section is a unique bubble chart where the size of each bubble corresponds to the strength of the month-to-date performance figure. The bubble representing July 2nd, for example, has a month-to-date figure of 0.3% and is the smallest bubble. Conversely, the bubble representing July 28th has a month-to-date performance of 2.1% and is the largest bubble.