by Chris Mistal | Sep 6, 2019 | Market At A Glance
Seasonal: Bearish. 1950, September is the worst performing month of the year for DJIA, S&P 500, and NASDAQ (since 1971). In pre-election years, rankings are unchanged while average losses expand. Psychological: Fading. According to Investor’s Intelligence Advisors...
by Chris Mistal | Sep 6, 2019 | Monthly Outlook
Last month we warned that the market was ripe for a seasonal pullback. Within days of our monthly missive late-July and early-August delivered their typical seasonal weakness, of course with a little help from the Fed, yield curve and hot-button geopolitics. At the...
by Chris Mistal | Jul 31, 2019 | Almanac Update
Money flows from harvesting made August a great stock market month in the first half of the Twentieth Century. It was the best month from 1901 to 1951. In 1900, 37.5% of the population was farming. Now that less than 2% farm, August is amongst the worst months of the...
by Chris Mistal | Jul 31, 2019 | Monthly Outlook
Major U.S. stock market indices continue to track historic seasonal patterns and the historical seasonal pattern for Pre-Election Years quite closely this year and that suggests it is likely to continue to do so. The Dow, S&P 500 and NASDAQ have just logged new...
by Chris Mistal | Jul 31, 2019 | Market At A Glance
Seasonal: Bearish. August is the worst DJIA, S&P 500, and NASDAQ month over the last 31 years, 1988-2018, with average declines ranging from 0.1% by NASDAQ to 1.1% by DJIA. In pre-election years, August has been better with modest average gains. Psychological:...
