4 Awesome Historical Stats That Show Stock Prices Will Rise in March

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Chill out market haters, stocks are goin’ up in March says the history textbooks.

Despite lingering fears on the health of the market after a nasty February correction, March has tended to be a solid month for investors. Here are several bullish historical stats on markets in March via Ryan Detrick, senior market strategist for LPL Financial.

1. During a mid-election year, March has been down only once in eight instances since the mid 1980s (1994).
2. Over the past 10 and 20 years, March has ranked as the second best month on average, at 2.4% and 2.1%, respectively; since 1950 it has been up 1.2% on average, which ranks fourth.
3. Since 1950, when March has begun the month above its 200-day moving average, the average return has improved to 1.3%.
4. Over the past 20 years, when March has finished in positive territory, the returns have been quite strong-with a return of 4.1% on average. Only October sports a better return when positive.

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