SteadyTapeQuantitative Market Research

Annual Peak & Trough Months

The S&P 500 has NEVER made its yearly high in June (73 years, 1953-2025) — the year's high is historically still ahead.

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In which calendar month does the S&P 500 make its yearly high vs yearly low? Generalizes the Finom "never tops in June" quant across 70+ years — context for whether the year's high is still ahead.

June: yearly HIGH
0.0%
0 of 73 years
June: yearly LOW
4.1%
3 of 73 years
Most common HIGH month
Dec
41.1% of years
Most common LOW month
Jan
41.1% of years

When to run this study

Run any time. Shows in which calendar month the S&P 500 has historically made its yearly HIGH vs yearly LOW. If the current month has rarely been the annual top, the year's high is seasonally still ahead.

Historical results

Annual high / low month frequency (n=73 complete years)

MonthYearly highs% of yearsYearly lows% of years
January1216.403041.10
February22.7045.50
March11.4079.60
April22.7045.50
May22.7011.40
June0034.10
July34.1022.70
August34.1034.10
September56.8034.10
October56.80811
November81134.10
December3041.1056.80