Seasonally, from November 19 to December 7, the S&P 500 has rallied in 15 of the last 15 years for an average rally of 30 points. What is notable about this seasonal is that it worked in 2008. If this seasonal is to work again in 2018, the December S&P 500 must close above 2743.00 on December 7. Past performance is no guarantee of future results.
Seasonally, from November 19 to December 7, the S&P 500 has rallied...
- Thread starter Altavest_Erik
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I was looking @ 2008 charts on SPY, Nasdaq, early today. But that bear ended , in 20 /20 hindsight ,in NOV,2008 after about a 52 weeks bear market run.
I like a good uptrend or downtrend. While one can make money on a weak uptrend; that is a hi percent, past performance...... SPY is a weak uptrend [YTD]but still up as of yesterdays close.And in JAN,2, 2009 S&P 500 was was still 38% off 52 week high, 903.25; SPY was $90.32. I used IBD[Investors Business Daily charts]. 4th quarter stocks does tend to be strong UP. NOT a prediction.
