Quote from Bowgett: ----reminder.
----Stock market enters strongest seasonal period this week.
----S&P-500 rallies 4%, on average, during next two months.
2007 was one of the few exceptions in the last few decades. 1994 was another, but it was only a mild decline.
You can ignore it, short against it, or whatever you want, but it's one of the most powerful and reliable seasonal tendencies. A wise trader would at least acknowledge it.
You can ignore it, short against it, or whatever you want, but it's one of the most powerful and reliable seasonal tendencies. A wise trader would at least acknowledge it.