by Chris Mistal | May 7, 2020 | Market At A Glance
Seasonal: Neutral. May is the first month of DJIA and S&P 500 “Worst Six Months. Our Seasonal MACD Sell signal has not triggered yet suggesting the rally could continue in the near-term. The history of “Worst Six Months” after a bad “Best Months” is not...
by Chris Mistal | May 7, 2020 | Almanac Update
May officially marks the beginning of the “Worst Six Months” for the DJIA and S&P. To wit: “Sell in May and go away.” Our “Best Six Months Switching Strategy,” created in 1986, proves that there is merit to this old trader’s tale. A hypothetical $10,000 investment...
by Chris Mistal | Apr 2, 2020 | Monthly Outlook
The Dow’s 6.4% rally on March 26 capped the biggest three-day surge since October 6-8, 1931. That may sound encouraging, but remember 1931 was the worst year for DJIA on record, down 52.7%. DJIA jumped 21.3% from the low on Monday March 23. This surge came on the...
by Chris Mistal | Apr 2, 2020 | Market At A Glance
Seasonal: Bullish. April is DJIA’s best performing month since 1950, second best for S&P and fourth best for NASDAQ (since 1971). However, April also marks the end of our “Best Six Months” for DJIA and the S&P 500. Our Seasonal MACD Sell signal can occur as...
by Chris Mistal | Apr 2, 2020 | Almanac Update
The first trading day of April and the second quarter, has enjoyed notable strength over the past 25 years, advancing 18 times with an average gain of 0.40% in all 25 years for S&P 500. However, four of the seven declines have occurred in the last seven years....
