This month saw the 25th anniversary of “Black Monday” – October 19, 1987.
Everyone knows that “Black Monday” was one of the darkest days in the market’s history.
This year, amid a weak earnings season – which wasn’t a surprise – the markets marked the 25th anniversary by pulling back more than 1%.
Since 2007, of the five days where the markets were open on October 19, they’ve ended in the red four times – including the last three years. Read On...