The Venture has performed better in October than most investors probably realize, historically rising 60% of the time. The average return for October has been slightly negative (-1%), but this is a month when a trend toward seasonal strength slowly begins (from –1.4% in September to –0.3% in November, +4.5% in December, +4.3% in January and +4.4% in February).
Interestingly, in the two years (2008 and 2002) when the 3rd quarter for the Venture was comparable to the one just completed, a fresh bull market began before the end of December. Will history repeat itself?
