Market Outlook

Quote from newwurldmn:

This will not be helpful to you, but I saw something about that for this year. The last 4 days accounted for most of the rally. And the following days were generally losers. I read this in September I believe. But I don't remember where.
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First day of the month hasn't worked great for sure since June - glad I was travelling that day and didn't trade, and later the market has been too ugly/volatile for me to enter this kind of trade.

Last couple of days of the month definetely look bullish - believing the price action last monday ( November 28th) during the 5 last minutes of RTH, it's quite possible that large players are playing those last couple of days.

Below are 2 interesting links I found yesterday.

http://www.thecrosshairstrader.com/2010/03/best-trading-days-of-the-month-ahead-of-good-friday/

http://www.thecrosshairstrader.com/2009/07/best-trading-days-of-the-month/

I also ordered Seasonal Stock Market Trends from Jay Kaeppel last night, to give it a closer look. Any feedback on this book ?
 
Quote from luisHK:

First day of the month hasn't worked great for sure since June - glad I was travelling that day and didn't trade, and later the market has been too ugly/volatile for me to enter this kind of trade.

Last couple of days of the month definetely look bullish - believing the price action last monday ( November 28th) during the 5 last minutes of RTH, it's quite possible that large players are playing those last couple of days.

Below are 2 interesting links I found yesterday.

http://www.thecrosshairstrader.com/2010/03/best-trading-days-of-the-month-ahead-of-good-friday/

http://www.thecrosshairstrader.com/2009/07/best-trading-days-of-the-month/

I also ordered Seasonal Stock Market Trends from Jay Kaeppel last night, to give it a closer look. Any feedback on this book ?
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No idea on the book. I will look at those links. I forgot where I read the end of month/beginning of month thing. It was shortly after I got hornswaggled at the end of August.

I see what yo mean about the end of June. Actually, the idea really only worked In April, May, July, Aug, Oct.
Ja, Feb, Mar it failed.
Sept would have been worse than listening to Grand (to bring the post back to the original topic).
 
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