Today is the first trading day of March, and if history is any indication, it might be a good month for investors. Since 1945, the S&P 500 has increased by an average of 1.3 percent during March. Only December at 1.8 percent and April at 1.5 percent have shown better historic results.
March's recent history has been even better than that. It was in March five years ago that the market hit bottom and began the rebound that has lasted to this day. Despite dropping for the first week of that month, the S&P rose an astounding 8.5 percent in March 2009.
From that point, the S&P 500 has risen in four of the past five Marches. The average increase over that time span has been more than 3 percent. Let's hope 2014 brings more of the same.
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