Despite September’s history as the worst month of the year, September 2005 turned out pretty well. The S&P 500 produced a gain of 69 basis points and a total return of 84 basis points. The NASDAQ and the Russell 2000 did produce negative returns on a price only basis for September but both indices fell less than 10 basis points…

…In a Street Insight post about September market history, I wondered whether the fact that September was a bad month was too widely known and therefore a fade trade (go against the conventional wisdom) was in order. It turns out that it didn